Compensation & Benefits Specialist

Role Summary

The Compensation & Benefits Specialist will support the central C&B function at Gokaldas Exports, managing compensation structures, benefits administration, and rewards analytics across multiple factory locations and corporate teams. The role requires strong analytical ability, advanced Excel/macro skills, and a sound understanding of compensation practices in the apparel and garment manufacturing industry.

Key Responsibilities

Compensation Management

• Support the annual increment, promotion, and bonus process across corporate and factory teams.
• Conduct salary benchmarking using industry-specific surveys and internal parity studies for sewing operators, supervisors, production, technical, and corporate roles.
• Maintain and update company-wide salary structures, pay ranges, and job grading frameworks aligned to Gokaldas Exports standards.
• Build compensation models using Excel macros, automation scripts, and cost simulations for decision-making.
• Partner with TA, HRBPs, and Plant HR for salary fitment recommendations for new hires.
• Prepare compensation analytics including compa-ratio, pay equity, manpower cost trends, cost-to-company analysis, and budget tracking.
• Support C&B governance, approval workflows, and documentation as per internal HR policies.

Benefits Administration

• Administer employee insurance programs (GPA, GMC, GTL) in coordination with appointed brokers and TPAs.
• Manage end-to-end benefits processesenrollments, claims, escalations, data correction, and renewals.
• Ensure accurate execution of statutory benefits across factory locationsPF, ESI, gratuity, maternity, bonus, canteen/subsidy schemes, and welfare components.
• Analyse claims ratios, benefit utilization, and cost trends to support annual renewal negotiations.
• Drive employee awareness campaigns on insurance coverage, wellness programs, and statutory benefits.
• Maintain accurate benefits data in existing HRMS and support compliance/audit teams.

Dashboards, Analytics & Automation

• Design creative, user-friendly dashboards for leadership on key C&B metrics—manpower cost, compensation trends, benefit utilization, absenteeism cost impact, and incentive payouts.
• Automate recurring C&B reports and templates using Excel macros/VBA to improve efficiency.
• Provide data-driven insights for management reviews, Board presentations, and special projects.

Stakeholder & Factory Coordination

• Work closely with Plant HR Heads, Corporate HR teams, Finance, and external partners to ensure smooth C&B operations.
• Act as a central point of coordination for factory-level benefits, wage revisions, and compliance alignment.
• Ensure consistent implementation of compensation and benefits policies across all units of Gokaldas Exports.

Required Skills & Qualifications

• MBA in HR or related discipline.
• 5–7 years of experience in Compensation & Benefits, preferably in apparel/garment/textile manufacturing.
• Expertise in Excel (including macros/VBA), cost modelling, and analytics.
• Strong understanding of statutory compliance—PF, ESI, gratuity, wage revisions, and factory-level benefits.
• Experience working with HRMS tools (Darwinbox preferred).
• Ability to build dashboards (Excel/Power BI) with a creative and visual approach.
• Strong communication skills and stakeholder management—especially with multi-factory HR teams.
• High attention to detail, confidentiality, and process discipline.