Analyst - Compensation & Benefits

Compensation & Benefits Analyst / Specialist

Role Summary: The incumbent will support the design, implementation, and operations of compensation and benefits programs for India operations. This role will work closely with the Head of C&B and internal stakeholders to ensure market competitiveness, internal equity, and operational excellence in rewards processes.

Key Responsibilities:

1. Compensation Strategy Support

- Assist in execution of annual compensation cycles merit reviews, bonus calculations etc

- Conduct bench-marking and market analysis using survey data

- Support development and refinement of salary structures and pay ranges.

- Assist in job evaluations and job leveling exercises

2. Benefits Administration

- Coordinate administration of employee benefits programs including insurance, wellness, retirement, and flexible benefits.

- Compliance of benefits operations with internal policies and statutory regulations (PF, ESI etc)

- Liaise with benefits vendors and partners for service delivery and issue resolution.

3. C&B Operations

- Manage day-to-day C&B processes including payroll inputs, variable pay calculations, allowances, and one-time payouts.

- Support data validation and HRIS accuracy related to compensation and benefits fields.

- Prepare dashboards, reports, and presentations for HR and business leadership.

4. Projects and compliance

- Support audits, internal reviews, and compliance checks for compensation and benefits.

- Maintain policy documentation, process flows, and SOPs.

- Contribute to C&B projects and global initiatives.

Skills & Competencies

- Strong analytical skills and attention to detail. Ability to handle confidential data

- Familiarity with compensation structures, pay analysis and benefits administration.

- Experience with HRIS platforms and advanced Excel proficiency

- Understanding of compensation regulations and statutory compliance.

- Good interpersonal and communication skills to work across functions.