Compensation And Benefits Specialist

Role & responsibilities

Lead HRSS (Compensation & Benefits Specialist) - Chennai

We are looking for a high-potential Compensation & Benefits Lead to strategically design, manage, and optimize the total rewards portfolio. This role is pivotal in ensuring highly competitive pay structures, rigorous statutory compliance, and strategic alignment of reward programs with talent acquisition and retention goals. The lead will drive market analysis and system configuration for global compensation processes.

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Key Responsibilities & Tool Command

• Total Rewards Strategy: Conduct comprehensive global compensation benchmarking and internal equity reviews, utilizing specialized market data platforms such as Mercer to inform pay band structures and salary increase budgets.
  • System Configuration & Administration: Administer compensation structures, benefits enrollment, and incentive plans directly within the core HRIS/C&B platforms, including mandatory experience with ADP and HiBob for benefits and total rewards statements. • Advanced Data Modeling: Design and model compensation structures and incentive plans (variable pay, bonuses) to ensure market competitiveness and cost-effectiveness.
• Compliance & Audit: Ensure absolute compliance with all local compensation regulations and statutory benefits requirements, providing necessary documentation for internal and external audits.
  
• C&B Analytics: Prepare deep-dive compensation analytics and executive reports to support leadership decision-making on pay equity, budget allocation, and reward strategy effectiveness.
  

Qualifications

• 5 to 7 years of progressive experience in Global Compensation & Benefits or Total Rewards, with direct responsibility for system administration and market data analysis.
  
• Mandatory experience leveraging professional C&B tools, specifically Mercer data and system administration within a major HRIS like HiBob or ADP.
  
• Masters degree in HR, Business Administration, or Finance preferred.
  

Relevant candidates can send their resume to kinnera259@gmail.com

Regards,

HR Manager