Compensation & Benefits Manager_SUPPORT SERVICES_0870_1288_1049468

IndiaIndia·Mumbaimid
Benefits ManagerHuman Resources
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Quick Summary

Overview

Compensation Benchmarking Participate in compensation benchmarking studies through sponsored and forum-based surveys.

Technical Tools
Benefits ManagerHuman Resources

What We Offer

~2 min read
✓Participate in compensation benchmarking studies through sponsored and forum-based surveys.
✓Partner with Business HR teams to assess compensation needs across business verticals.
✓Analyse market data, internal parity, and benchmarking outcomes to support compensation decisions.
✓Support annual compensation budgeting, simulations, and planning activities.
✓Collaborate with business teams on compensation proposals, rating normalization, and review processes.
✓Engage with leadership teams during compensation review discussions.
✓Drive seamless execution and closure of annual compensation cycles.
✓Manage off-cycle compensation reviews and retention-related compensation interventions.
✓Conduct proactive compensation reviews based on internal equity, market positioning, and retention considerations.
✓Y-O-Y Process Improvement to ensure the PRAISE Process is seamless.
✓Agile action on Ground level feedback on process points of improvement.
✓Partaking accountabilities on change in Compensation Philosophy / design
✓Managing the Tech Platform for PRAISE
✓Monitor incentive schemes for Business Units in purview and also earnings vis a vis Business Objective achievement.
✓Work on incentive calculations, analysis and approval process. Payouts being accountability of Payroll Team – Pre-decide Roles covered and ensure seamless adherence of Incentives only for those roles.
✓Monitoring of payout of Incentives
✓Support annual bonus planning, budgeting, simulations, and performance-linked variable pay programs.
✓Partner with business leaders to finalize annual bonus plans and related compensation proposals.
✓Manage job evaluation activities for designated business segments and coordinate with Job Evaluation Committees.
✓Define and maintain compensation bands for critical hiring roles.
✓Monitor and govern hiring compensation ranges in alignment with approved frameworks.
✓Participate in organization-wide HR transformation, compensation, and policy projects.
✓Deliver compensation analytics before, during, and after compensation review cycles.
✓Analyze internal compensation, market benchmarks, hiring trends, and workforce insights.
✓Monitor industry compensation trends relevant to business segments.
✓Evaluate linkages between variable pay, business outcomes, productivity, and earnings.
✓Recommend interventions for retention, compensation corrections, and productivity enhancement.

 

 

Location & Eligibility

Where is the job
Mumbai, India
On-site at the office
Who can apply
IN

Listing Details

Posted
October 13, 2026
First seen
October 13, 2026
Last seen
October 14, 2026

Posting Health

Days active
0
Repost count
0
Trust Level
56%
Scored at
October 14, 2026

Signal breakdown

freshnesssource trustcontent trustemployer trust
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Compensation & Benefits Manager_SUPPORT SERVICES_0870_1288_1049468