Compensation & Benefits Manager

12 - 15 years

30 - 35 Lacs

Posted:4 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Design, implement, and continuously evaluate India s compensation and benefits programs including salary structures, variable pay, health and welfare benefits, and retirement plans. Ensure compliance with local laws and alignment with business objectives. Manage annual C&B budget and champion HR technology platforms (Workday , KRONOS, HRGo, ADP, etc.). Reports to Head of HR - Asia, with functional alignment to Global C&B (France).
Key Accountabilities
Compensation & Benefits Strategy
  • Design, develop, implement, and manage salary, bonus, and benefits packages for India.
  • Monitor salary structures and benefits; ensure competitiveness, compliance, and gender pay equity.
  • Analyze market data and recommend adjustments to senior management; implement post-approval changes.
  • Maintain parity between job grades and salary ranges across the organization.
  • Research competitor strategies and adapt new-age benefits to attract and retain talent.
Annual & Mid-Year Processes
  • Lead Annual Merit and STI review; train managers and ensure timely payroll updates and communication.
  • Manage mid-year salary/job changes and ensure accurate implementation.
Payroll & Compliance
  • Oversee payroll for all India entities; ensure 100% accuracy, timely compliance, and variance checks.
  • Ensure adherence to statutory requirements (minimum wages, tax liabilities, social security).
Benefits Administration
  • Manage social security, insurance renewals, annual bonuses, incentives, and lifestyle benefits.
  • Stay updated on market trends and innovative benefits for effective adaptation.
Analytics & Budgeting
  • Conduct periodic analysis of headcount, labor cost, overtime, and demographics.
  • Lead annual budgeting for headcount and labor cost.
Technology & Process Improvement
  • Act as Workday Compensation Partner; ensure full utilization of HR systems.
  • Drive digitization and automation initiatives for efficiency.
Employee Engagement & Governance
  • Ensure fair treatment across functions; uphold principles of market and fair pay.
  • Lead Rewards & Recognition initiatives and engagement activities for India.
  • Support M&A integration on C&B and payroll topics.
External Relations
  • Build relationships with benchmarking experts and insurance providers.
  • Liaise with external partners for market data and best practices.
Functional competencies
  • Strong analytical, negotiation, and stakeholder management skills.
  • Expertise in compensation design, payroll management, compliance, and HR technology.
  • Ability to influence senior leadership and lead change initiatives
Technical Applicative competencies
  • Advanced Excel and PowerPoint
  • Analytics tools such as PowerBI, Qliksense
  • Productivity tools such as Teams, SharePoint
  • HR Systems (preferably WorkDay)
  • AI tools such as Copilot
Qualifications/Requirements
Education: MBA HR / Post Graduate in HR
Experience: 12 - 15 Years of relevant experience in a medium to high-volume manufacturing environment in an MNC will be preferred.

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