TM - HR Compensation & Benefits Specialist

8 - 15 years

8 - 20 Lacs

Posted:14 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES

Compensation & Benefits

  • Administer compensation structures, salary reviews, and benefits programs in line with company policies.
  • Support annual compensation cycles (increments, promotions, bonus payouts) and ensure timely execution.
  • Maintain accurate employee compensation data in HR systems and generate MIS reports for management.
  • Assist in benchmarking exercisesand market surveys to ensure competitive pay practices.
  • Ensure compliance with labor laws, tax regulations, and statutory requirements related to compensation and benefits.
  • Handle employee queries related to payroll, benefits, and compensation policies.
  • Collaborate Finance teams for budgeting and cost analysis.
  • Support audits and internal reviews for compensation and benefits processes.

Performance Management System

  • Facilitate annual and mid-year performance review cycles in MyZone or relevant HR platforms.
  • .Ensure timely goal-setting and alignment between employees and managers.
  • .Maintain and update performance data, dashboards, and reports for leadership review.
  • .Provide support and training to managers and employees on PMS processes and tools.
  • .Collaborate with HRBPs to address performance-related queries and ensure process compliance.
  • .Assist in calibration exercises and normalization of ratings across teams.
  • .Generate analytics and insights to support talent decisions and organizational planning.
  • Ensure adherence to internal policies and statutory requirements related to performance management.

Nature of

Experience

  1. Hands-on experience to compensation and benefits administration, payroll processes, and compliance.
  2. Exposure to Performance Management Systems

SECTION VI: TECHNICAL & LEADERSHIP / BEHAVIORAL SKILLS REQUIRED TO EXECUTE THE ROLE

SKILLS

Technical Skills

  1. Knowledge of compensation structures and benefits programs
  2. Understanding of labor laws and statutory compliance
  3. Proficiency in MS Excel and HRMS tools (SAP/ Succesfactors preferred).

Leadership / Behavioural Skills

  1. Attention to detail
  2. Strong Analytical Skills
  3. Innovation
  4. Excellent Communication Skills

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