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Sr. Manager HR - Compensation & Benefits
Sr. Manager HR - Compensation & Benefits

Sr. Manager HR - Compensation & Benefits at Empower HR · Mumbai · 8 - 10 years · ₹15L - ₹18L / yr · Bootstrapped · Posted 6 Apr 2022

Empower HR's logo

Sr. Manager HR - Compensation & Benefits

Anand Subramani's profile picture
Posted by Anand Subramani
8 - 10 yrs
₹15L - ₹18L / yr
Mumbai
Skills
Communication Skills
People Management
Competitor Analysis
Analytical Skills
HR management system administration
Human Resource Management System (HRMS)
HR management

Assist Head in design of compensation packages in align with the company’s strategic plan

Prepare, coordinate for manpower & pay budgets, track of wage cost

Ensure compliance of all reward practice (internal & external)

Draft job descriptions, ensure job mapping and job analyses and classifications

Conduct/ participate salary survey, hiring data analysis and market research for benchmarks & result analysis for appraisal decisions

Ensure the complete employee data availability, timely updation & accuracy in HR system

Review of salary revisions as per the benchmark/ parity for retentions

 
CANDIDATE SHOULD HAVE WORKING EXPERIENCE IN THE CAPITAL MARKETS OR BANKING DOMAIN.
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Shubham Vishwakarma

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About Empower HR

Founded :
2020
Type :
Product
Size :
20-100
Stage :
Bootstrapped

About

We help organisations build world-class teams. We provide expert ‘manpower search & selection' services to a wide array of organisations, from start-ups to mid-sized firms and to large conglomerates and MNCs. We have a fairly long track record of successful hiring, across industries and across levels.
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Connect with the team

Profile picture
Anand Subramani

Company social profiles

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Job Summary

The Compensation Analyst is responsible for supporting the design, implementation, administration, and analysis of compensation programs that attract, retain, and motivate employees while ensuring market competitiveness and internal equity. This role partners with HR, Finance, and business leaders to provide compensation insights, conduct market analyses, and support salary planning processes.


Key Responsibilities

Compensation Analysis & Benchmarking

  • Conduct market pricing of positions using compensation surveys and external benchmarking data.
  • Analyze internal and external compensation trends to ensure competitive pay practices.
  • Evaluate job descriptions and support job levelling and salary grade assignments.
  • Recommend salary structures, pay ranges, and compensation adjustments.

Annual Compensation Processes

  • Support annual merit, bonus, and promotion cycles.
  • Prepare compensation guidelines, budget analysis, and management reports.
  • Conduct pay equity reviews and identify areas requiring corrective action.
  • Validate compensation data and ensure accuracy of employee records.

Data Management & Reporting

  • Develop and maintain compensation dashboards, reports, and analytics.
  • Analyze compensation metrics including compa-ratio, range penetration, salary progression, and market positioning.
  • Prepare executive summaries and presentations for leadership review.
  • Ensure data integrity within HRIS and compensation systems.

Program Administration

  • Administer salary structures, incentive plans, and recognition programs.
  • Provide consultation to HR Business Partners, managers and recruiting on compensation-related matters.
  • Support offer evaluations, promotion recommendations, and retention proposals.
  • Assist in implementation of new compensation programs and policies.

Compliance & Governance

  • Ensure compliance with company compensation policies and applicable local labor regulations, especially recent labor code changes.
  • Support compensation audits and documentation requirements.
  • Maintain confidentiality of employee compensation information.


Required Qualifications

  • Bachelor's degree in Human Resources, Business Administration, Finance, Economics, Statistics, or related field.
  • 10+ years of experience in compensation, rewards, HR analytics, or related HR functions, with a background in finance, economics, business administration, or human resources.
  • Strong analytical and quantitative skills.
  • Advanced proficiency in Microsoft Excel
  • Proficiency using Payfactors.
  • Excellent communication skills, with confidence managing stakeholder feedback and expectations.
  • Experience working with HRIS systems such as Workday, SAP SuccessFactors, Oracle HCM, or similar.
  • Experience designing and administering incentive plans.
  • Strong attention to detail and data accuracy.

Important: Protect Yourself from Recruitment Scams

Bad actors or scammers may try to impersonate Deltek and send fake job offers to people. Messages from Deltek about employment opportunities will be from an atdeltek.com account or Enterpriseattrm.brassring.com, never from free services like Gmail or Yahoo. Please look carefully at the email address that provides any job offer, as some fake accounts are created to look like a legitimate domain name or email address. We will also never ask you to pay money at any point in the hiring process, whether for training, equipment, background checks, or anything else. If you receive a suspicious offer claiming to be from Deltek, do not share personal or financial information. Report any suspicious communication to Secureatdeltek.com and consider reporting it to law enforcement.

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Shubham Vishwakarma's profile image

Shubham Vishwakarma

Full Stack Developer - Averlon
I had an amazing experience. It was a delight getting interviewed via Cutshort. The entire end to end process was amazing. I would like to mention Reshika, she was just amazing wrt guiding me through the process. Thank you team.
Companies hiring on Cutshort
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