Compensation and variable pay L3

Role & responsibilities

1. Compensation Strategy & Governance

• Lead annual compensation review cycles for assigned business units.
• Design and manage

  variable pay programs

  (bonus, sales incentive, performance-linked pay).
• Provide insights on market competitiveness, pay equity, and internal alignment.
• Support compensation committee reviews and governance reporting.

2. Variable Pay Program Management

• Manage end-to-end

  short-term incentive (STI)

  and

  long-term incentive (LTI)

  programs.
• Ensure

  accurate payout calculations, budget alignment, and audit compliance

  .
• Collaborate with Finance on forecasting and accruals.
• Recommend

  improvements to incentive models

  based on performance outcomes.

3. Benchmarking & Analytics

• Conduct compensation surveys and benchmarking (Mercer, Willis Towers Watson, etc.).
• Provide

  dashboards, MIS, and reports

  on compensation and variable pay.
• Perform

  cost modeling and scenario analysis

  for new roles, promotions, or retention cases.

4. Compliance & Stakeholder Collaboration

• Ensure compliance with

  labor laws, tax regulations, policies

  .
• Partner with HRBPs, Finance, and IT (HRIS) for smooth program execution.
• Communicate guidelines, policies, and payout details to managers and employees.

5. Projects & Transformation

• Support global compensation transformation initiatives (e.g., new HR tools, AI-driven analytics).
• Drive

  automation and process improvement

  in compensation & variable pay cycles.
• Act as a

  subject matter expert (SME)

  for compensation-related projects.

Preferred candidate profile

Education:

• Bachelors / Masters in HR, Business Administration, Finance, or related field.
• CCP (Certified Compensation Professional) preferred.

Experience:

• 5-8 years

  in compensation & rewards, with at least

  3+ years in variable pay administration

  .
• 5 Years of hands-on experience with success factors.
• Experience in IT/Technology services industry is highly desirable.

Technical Skills:

• Strong HRIS (Workday / SuccessFactors).

Core Competencies:

• Strong analytical & problem-solving skills.
• High integrity & ability to handle confidential data.
• Excellent stakeholder management & communication skills.
• Ability to work in a

  global matrix environment

  .