Senior Manager - Compensation & Benefits Rapidue Technologies

8 - 13 years

10 - 20 Lacs

Hyderabad

Work from Office

We are hiring We are seeking a highly skilled and strategic Senior Manager Compensation & Benefits to lead our total rewards strategy. This role will be responsible for designing, implementing, and managing competitive compensation and benefits programs that align with our organizational goals, attract top talent, and enhance employee satisfaction and retention. Key Responsibilities: Develop and oversee the organization's compensation and benefits strategy, ensuring market competitiveness and compliance with regulations. Design and implement salary structures, incentive plans, and benefits programs that support business objectives and workforce needs. Conduct benchmarking studies, salary surveys, and job evaluations to maintain a competitive pay structure. Manage the annual compensation review process, including salary increments, bonuses, and promotions. Oversee the administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other perks. Collaborate with HR leadership and business leaders to provide guidance on compensation-related matters, including salary negotiations and rewards programs. Ensure compliance with labor laws, tax regulations, and internal policies related to optimize cost-effectiveness. Partner with HRIS and payroll teams to ensure seamless execution of compensation and benefits processes. Stay updated on industry trends, emerging best practices, and regulatory changes to continuously improve programs. Qualifications & Experience: Masters degree in Human Resources, Finance, Business Administration, or a related field . 8+ years of experience in compensation and benefits, with at least 3 years in a managerial role. Strong knowledge of compensation structures, benefits administration, job evaluation methodologies, and market pricing tools. Expertise in labor laws, tax regulations, and compliance requirements related to compensation and benefits. Experience in managing compensation benchmarking surveys and analytics. Proficiency in HRIS systems, Microsoft Excel, and data analytics tools. Excellent analytical, problem-solving, and decision-making skills. Strong stakeholder management and communication skills with the ability to influence senior leadership. Certification in Compensation & Benefits (e.g., CCP, GRP) is a plus

Posted 1 month ago

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