The Assistant Manager - Compensation and Benefits is responsible for supporting the design, implementation, and administration of the organization s compensation and benefits programs. This includes salary structures, incentive plans, benefits programs, benchmarking, compliance, and reporting to ensure competitiveness and alignment with the company s strategy.

Develop and administer compensation strategies including salary benchmarking and pay structures.

10%

Conduct regular market analyses to ensure competitive compensation.

25%

Support annual salary review processes, bonus planning, and incentive schemes.

20%

Maintain compensation data and prepare reports for management. Administer and manage the Short-Term Incentive (STI) program to align employee performance with organizational goals. Oversee the Long-Term Incentive (LTI) program, including equity awards (stock options, RSUs, performance shares) and other deferred compensation plans.

20%

Supports the planning and execution of the annual Merit Planning process. Performs analysis such as Comp Ratio and cost impact analysis to evaluate impact of proposals. Works with HRBP teams and business to ensure smooth delivery of merit letters. Ensures accurate payroll input for merit related changes. Supports the planning and execution of the midyear promotion and market correction process. Total Reward Statement for all employees during Merit Increase cycle.

25%

TOTAL

100%

MINIMUM REQUIREMENTS

EDUCATION: Masters or Advanced FIELD OF STUDY: Human Resources

EXPERIENCE: Required: 4-5 years in progressive HR roles, with at least 3 years in comp. Knowledge in HR research methodology, survey development, statistics, and data analysis and reporting.. Advanced Proficiency with Microsoft Word, Excel, Power Point, Outlook. HRIS, Experience maintaining confidential data.

Good communication and stakeholder management skills.
Detail-oriented and highly organized

Assist in the development and administration of compensation policies, frameworks, and salary structures.
Conduct benchmarking and market analysis using compensation surveys
Support annual compensation cycles including salary reviews, bonus planning, and promotions.
Analyze internal compensation data to ensure pay equity and competitiveness.
Prepare compensation reports and analytics for management decision-making.

CERTIFICATION(S): Certification(s) required

KNOWLEDGE, SKILLS, ABILITIES, AND OTHER ATTRIBUTES:

Strong analytical skills and proficiency in Excel
Familiarity with HRIS systems and compensation tools.
Knowledge of labor laws and statutory compliance in India (or relevant geography).
Good communication and stakeholder management skills.
Detail-oriented and highly organized.

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Assistant Manager Compensation & Benefits