Compensation Analyst

2 - 5 years

6.0 - 9.0 Lacs P.A.

Chennai, Pune, Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata

Posted:2 months ago| Platform: Naukri logo

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Skills Required

compensation analystMarket analysisInterpersonal skillsSAPExcelTalent acquisitionHRISEmployee engagementManager TechnologyHR

Work Mode

Work from Office

Job Type

Full Time

Job Description

Lytx is looking for a Compensation Analyst to join our HR team and support our mission of making the world s roads safer. As a key member of the Total Rewards team, you will play a critical role in ensuring that our compensation programs are competitive, equitable, and aligned with business objectives. you'll analyze market trends, conduct benchmarking, and provide data-driven insights to help attract, retain, and reward top talent. By partnering with cross-functional teams, you'll help build compensation structures that enhance employee engagement and drive company success. you'll Get To : Conduct market analysis and benchmarking to ensure competitive salary structures aligned with industry standards and company goals. Collaborate with Talent Acquisition and HR on evaluating offers for candidates to ensure they are competitive and in line wi th internal equity. Administer compensation programs, including base salary, inc entives, and recognition programs, ensuring internal equity and external competitiveness. Analyze compensation data and trends to provide actionable insights to HR and business leaders. Support the annual salary review process, including merit increases, promotions, and pay adjustments. Ensure compliance with local compensation regulations and labor laws in India. Collaborate with HR, Talent Acquisition, and Finance to align compensation strategies with business needs. Develop and maintain compensation-related dashboards and reports to support decision-making. Assist in the design and communication of compensation policies to employees and managers. Partner with external vendors and consultants for compensation surveys and market analysis. What You Need : 2-5 years of experience in compensation analysis, HR analytics, or Total Rewards. Strong knowledge of compensation principles, salary structures, and incentive plans in India. Proficiency in Microsoft Excel (pivot tables, v-lookups) and experience with HRIS systems (Workday, SAP, or similar). Ability to analyze complex data sets and translate findings into clear, actionable recommendations. Understanding of Indian labor laws and compensation regulations. Strong organizational skills with a keen eye for detail and accuracy. Excellent communication and interpersonal skills to partner with HR and business leaders. Ability to handle sensitive and confidential information with discretion. Prior experience in a multinational or technology company is a plus. Lytx is powered by cutting-edge technology and Happy People. You want to use your powers for good, and that s exactly what we do at Lytx. Our team is made up of hungry, humble, and capable people who make a difference every day with technology that helps save lives.

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