Job Title

Greeting from Infosys BPM Ltd., We are hiring experienced candidates for Compensation & Benefits Role for Bangalore- location. Job details: Designation: Lead Compensation and Benefits Job Level: 5B Minimum Experience: 7 years Qualification: Graduation+ MBA in HR is mandatory (Full Time) Shift: General Shifts Notice Period - Immediate to 30 Days Work Mode: Hybrid Work Location: Bangalore Job Description: Designing pay structures: Creates salary bands and structures for different roles and levels within the company. This ensures internal equity and external market competitiveness. Benchmarking and market analysis: Conducts market research and salary surveys to ensure compensation packages are competitive. This is crucial for attracting and retaining talent. Incentive program design: Develops short-term (e.g., bonuses) and long-term (e.g., stock options) incentive programs that align with organizational goals and employee performance. Benefits administration: Manages employee benefits, such as health insurance, retirement plans, and paid leave. This involves negotiating with providers, handling enrollment, and processing claims. Payroll and budget management: Collaborates with finance to manage compensation budgets, ensuring cost-effective and compliant compensation practices. Regulatory compliance: Keeps up with labor laws and regulations to ensure all compensation and benefits policies are compliant. Regards, Infosys BPM Recruitment team.