Lead - Compensation & Benefits

As the Lead Compensation & Benefits at Heritage Foods, you will be responsible for designing, implementing, and managing total rewards strategies that align with the business objectives, drive employee engagement, ensure market competitiveness, and support talent retention. Your role will involve overseeing compensation structures, benefits administration, benchmarking studies, salary planning, incentive programs, and ensuring compliance with applicable regulations. Key Responsibilities: - Designing and implementing compensation strategies that support business objectives - Conducting annual compensation reviews and benchmarking studies - Managing benefits administration effectively - Developing and implementing incentive and rewards programs - Establishing job evaluation and grading systems - Utilizing HR systems and analytics for data-driven decision-making Qualifications Required: - Proven experience of at least 5 years in Compensation & Benefits, preferably in a leadership or specialist role - Strong understanding of compensation frameworks, job evaluation methodologies (e.g., Mercer, Hay), and salary benchmarking tools - Familiarity with labour laws, tax implications, and statutory requirements related to Compensation & Benefits in India - Proficiency in advanced Excel and data modeling; experience with HRMS systems - Excellent stakeholder management and interpersonal communication skills In addition to the above, you will need to be a strategic thinker with a strong analytical foundation, deep knowledge of compensation trends, and the ability to influence senior stakeholders while ensuring operational excellence. Your role will involve critical KPIs such as Compensation Strategy & Planning, Annual Compensation Review & Benchmarking, Benefits Administration, Incentive and Rewards Programs, Job Evaluation & Grading Systems, and HR Systems & Analytics.,