Job Title:Senior Manager – Compensation & Benefits Location:Pune Department:Human Resources Experience Required:8–12 years in Compensation & Benefits Employment Type:Full-timeKey Responsibilities: 1. Compensation Strategy & Cycle Management Craft and execute the annual compensation cycle—including base salary reviews, STI (short-term incentives), and LTI (long-term incentives). Collaborate with external vendors and leverage market surveys (e.g., Mercer, Aon) for benchmarking to maintain competitive compensation structures. Define and manage salary bands, compa-ratios, and pay mix frameworks for fairness and effectiveness. 2. Performance Management System (PMS) Oversee the full PMS lifecycle: goal-setting, mid-year reviews, calibration, final appraisals, feedback mechanisms, and development planning. Guide HRBPs and line managers in embedding performance culture and aligning individual goals with business strategy. 3. Talent Projects & Strategic Initiatives Lead or support initiatives like succession planning, identification of high-potential employees, and talent pipeline development. Design and implement talent-related projects (e.g., IDPs, rotational programs, leadership development). 4. Benefits & Recognition Manage the benefits portfolio including health insurance, retirement schemes, wellness programs, and recognition awards. Create recognition frameworks tied to organizational values and employee engagement metrics. 5. Analytics, Reporting & Governance Develop dashboards and reports on compensation trends, PMS outcomes, and utilization of benefits to inform strategic decision-making. Ensure compliance with statutory requirements, internal audit norms, and internal equity standards. 6. Stakeholder Management Act as a trusted advisor to HRBPs, Finance, Senior Leaders, and external agencies, delivering consultative support on compensation, performance review, and talent decisions. Manage vendor relationships for external benchmarking and benefits administration.Qualifications:Education Bachelor’s or Master’s in HR, Business Administration, Finance, or related field. Certifications (e.g., CCP, CBP) are advantageous.Experience Over 5 years in C&B, performance management, and talent initiatives. Proven mentorship in incentive cycles (STI/LTI).Technical Skills Proficiency in HRMS/PMS platforms (e.g., SAP SuccessFactors), advanced Excel, HR analytics
Job Title
Compensation Benefits Manager