Head - Compensation & Benefits (GM/AVP)

Over the past 15 years, Medanta has created an unrivalled impact in delivering world class multi-specialty care for patients in India. We have hospitals in Gurgaon, Lucknow, Patna, Indore and Ranchi. In addition, we have clinics in Defence Colony (South Delhi), Cybercity & Subhash Chowk (Gurgaon), and at the Delhi Airport. Medanta is constantly growing and has also ventured in Retail vertical through Diagnostics (Laboratory Services) and Pharmacies. We also have also launched homecare services. We further plan to scale up existing facilities and expand into a few more geographical areas and also identify new avenues (Academics - Medical College) within the Healthcare eco-system. As we continue to scale and grow into new geographies, explore innovative methods of healthcare delivery, we are looking to hire exceptional talent to help us achieve our vision and grow in the process to achieve their professional aspiration.

Location:

Workdays

Role Overview

The Head Compensation & Benefits will be responsible for designing, implementing, and managing comprehensive compensation strategies, policies, and programs that align with business objectives and drive organizational performance. The role will partner closely with senior leadership, HR, and finance teams to ensure cost optimization, compliance, and fairness across all employee levels.

Key Responsibilities:

A. Compensation Strategy & Design:

• Develop and implement

  salary structures, pay ranges, and benchmarking frameworks

  aligned with market practices and internal equity.
• Design and manage

  short-term and long-term incentive programs

  , including variable pay and performance-linked bonuses.

B. Equity & Rewards Management:

• Administer and oversee

  Employee Stock Option Plans (ESOPs)

  , ensuring compliance and effective communication with stakeholders.
• Prepare and present materials for

  NRC (Nomination and Remuneration Committee)

  and

  Board reviews

  on compensation matters.

C. Budgeting & Performance Management:

• Lead the creation and management of

  manpower budgets (cost and headcount)

  across functions.
• Drive the

  annual performance management

  ,

  appraisal

  , and

  increment cycles

  , ensuring transparency and alignment with business goals.

D. Payroll, Compliance & HR Operations:

• Oversee payroll processes, ensuring

  accuracy, tax compliance, and statutory adherence.

• Maintain up-to-date knowledge of

  taxation, labor laws, and compliance requirements

  related to C&B.
• Partner with HR Operations for

  smooth execution and audits

  of payroll and benefits.

E. Technology & Analytics:

• Lead implementation and enhancement of

  HRIS/HRMS platforms

  to enable data-driven decision-making.
• Utilize

  advanced Excel and analytical tools

  for reporting, insights, and predictive modeling.

F. Leadership & Stakeholder Management:

• Lead a high-performing C&B team with clear focus on collaboration, accuracy, and efficiency.
• Engage effectively with

  CXO-level stakeholders

  to influence reward strategies and decisions.
• Ensure effective communication of compensation policies and practices across the organization.

Key Skills

• Strong

  numerical and analytical ability

  with deep command on data and Excel.
• Strategic thinker with

  attention to detail

  and execution excellence.

• Digitally savvy

  and comfortable with HR technology platforms.
• Excellent

  communication and presentation skills

  .
• Demonstrated ability in

  senior stakeholder management

  and influencing decisions.
• Proven experience as a

  people leader

  , fostering collaboration and accountability.

Education & Experience

• Postgraduate degree in

  MBA (HR/Finance)

  ,

  CA

  ,

  Postgraduate in Commerce

  , or

  Postgraduate in Mathematics

  .
• Minimum

  15 years of experience

  in

  Compensation & Benefits

  and related HR domains.
• Industry Preference:

  Healthcare, Pharmaceuticals, or Diagnostics.

• Experience in a

  large Indian listed company

  is highly desirable.