Vice President Compensation Benefits

Role Overview:

The Vice President Compensation & Benefits will lead the design, strategy, and implementation of

total rewards programs across the businesses. The role will ensure competitive, equitable,

and performance-linked compensation frameworks aligned with business objectives and culture.

The incumbent will partner with senior leadership and HR teams to drive pay equity, optimize cost

efficiency, and enhance employee engagement through effective rewards and recognition

programs.

Key Responsibilities:

Compensation Strategy: Develop and implement comprehensive C&B strategies aligned with

organizational goals and market competitiveness. Conduct regular benchmarking and market

analysis to maintain competitive pay positioning.

Benefits Administration: Oversee design and management of benefits programs, evaluate and

optimize vendors for cost and satisfaction.

Performance & Rewards: Integrate pay-for-performance culture, lead annual compensation

review cycles, and manage incentive plans.

Policy & Compliance: Ensure adherence to all legal and regulatory requirements related to

compensation and benefits.

Analytics & Insights: Utilize HR analytics for strategic decisions, reporting, and forecasting C&B

trends.

Leadership & Stakeholder Management: Lead the C&B team, partner with Finance, Legal, and

Business Heads on planning and governance.

Qualifications & Experience:

MBA or Master's degree in HR, Finance, or related field from a reputed institution.

1015 years of progressive experience in Compensation & Benefits, preferably in FMCG,

Manufacturing, or large diversified organizations.

Strong expertise in job evaluation, market benchmarking, compensation modeling, and incentive

design.

Proficiency with HR analytics tools and compensation management systems.