Lead Analyst - Compensation and Benefits

How is this team contributing to the vision of Providence

At Providence India, we are committed to building a high-performance, people-first culture. As we expand our footprint and enhance our total rewards philosophy, we are seeking a passionate Compensation & Benefits professional to support our core C&B programs for Providence India. This role will play a key part in ensuring competitiveness, compliance, and alignment of our rewards framework with business priorities.

This is an individual contributor role responsible for supporting the compensation and benefits strategy and execution for the India region. The ideal candidate will have prior experience in Tech and IT industries, Global Capability Centers (GCCs), or similar knowledge-based industries. Exposure to healthcare or pharmacy domain will be an added advantage.

What will you be responsible for

Compensation:

• Manage annual compensation processes including salary planning, merit reviews, promotions, and bonus cycles.
• Conduct compensation, benchmarking and external market analysis.
• Maintain internal job architecture, salary ranges, and pay equity frameworks.
• Evaluate and support pay decisions for new hires, internal movements, and off-cycle adjustments.
• Support compensation communication, manager enablement, and analytics.

Benefits:

• Administer employee benefits across insurance, wellness, leave, and retirement programs.
• Drive renewal negotiations, vendor evaluations, and utilization analysis.
• Ensure adherence to Indian statutory requirements (PF, ESIC, Gratuity, etc.) and regulatory updates.
• Recommend benefit enhancements based on employee feedback and market trends.

Analytics & Systems:

• Maintain compensation and benefits data integrity across HRIS and internal systems (e.g., SAP SF, Workday).
• Generate reports and cost related insights for leadership, audits, and workforce planning needs.
• Collaborate with people analytics and in-house technology teams, external IT partners, Payroll, and HRBPs to ensure data alignment.
• Stakeholder Management & Projects:
• Serve as a subject matter expert for business and HR stakeholders on all C&B matters.
• Support or lead regional projects (e.g., salary benchmarking, policy harmonization, job levelling).
• Provide consultative support to HR business partners for complex C&B cases and policy interpretation.

Who are we looking for

• 6-9 years of experience in Compensation & Benefits roles, preferably within IT Services, GCCs/Captives, consulting, or shared services environments. MBA in HR or related post-graduate is preferred.
• Solid understanding of Indian compensation frameworks, benefits design, and compliance requirements.
• Strong analytical, interpersonal, and communication skills. Proficiency in Excel, HR analytics, and familiarity with HRIS tools such as SAP SuccessFactors, or Workday.
• Experience working in or supporting healthcare, pharma, or life sciences firms is a plus.

Why Join Us:

• Contribute to shaping strategic C&B frameworks in a fast-evolving and people-focused organization.
• Work with dynamic teams across regions and business lines.
• Access to professional development, cross-functional projects, and a culture that values expertise and impact.