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Position Title: Manager – Compensation and BenefitsYears of experience: 8 - 10 yrsLocation: BangaloreWork Mode: 5 Days Work from Office Job Summary: We are looking for a dedicated Compensation and benefits person who is well-versed in payroll & statutory Compliance, manages payroll operations with a strong focus on minimum wage compliance, legal and statutory norms (ESI, PF), and salary structuring across multiple business units and states. The ideal candidate will ensure all payroll calculations are accurate, timely, and fully compliant with evolving statutory requirements.Key Responsibilities 1. Minimum Wages Compliance Conduct monthly minimum wage validations for all employees, ensuring compliance with the latest state government notifications and revising CTCs as required.Prepare and share minimum wage working sheets for approval and update revised CTCs on the portal for impacted employeesCommunicate changes and impacts to business teams and update relevant HR systems accordingly.2. Payroll Management Oversee end-to-end payroll activities, including salary register validations, arrears calculations (manual/system-based), and payroll authorizationsValidate and update compensation for new joiners, conversions (PT/FT & FT/PT), and transfers before payroll processingEnsure accurate and timely payroll closure, including first and second cut validations and rectification of negative arrears3. Statutory Compliance (ESI, PF, Bonus) Ensure monthly statutory bonus validations and compliance with the Bonus Act, including calculations based on minimum wage, basic salary, and statutory capsAdjust statutory bonus payouts as required, ensuring no impact on net take-home or CTC, and update payroll structures accordinglyMonitor and ensure compliance with all PF and ESI regulations across business units, including timely remittance and accurate employee coverage.4. Salary Structure Management Maintain and update salary structures for different business verticals, ensuring compliance with statutory requirements and internal policiesHandle salary refittment and restructuring requests for manpower and SLA-based employees, including approvals and system updatesGenerate and upload statutory and salary-related letters (increment, transfer, promotion, revision) as required.5. Compensation and Benefits: Calculate the Annual Budget for increments and the performance processPerform merit increment cyclePerform Variable pay bonus and calculationsLetter generation process6. Reporting & Documentation Prepare and share monthly billing inputs, CTC reports, and compliance documentation with finance and business teamsRespond to ad hoc requests for payroll and compliance data, ensuring accuracy and confidentiality.Required Skills and Qualifications:Bachelor’s degree in HR, Finance, Business Administration, or a related field.In-depth knowledge of Indian statutory laws related to minimum wages, ESI, PF, and statutory bonus across multiple statesProven experience in payroll management and statutory compliance in a multibusiness or multi-location environmentStrong analytical skills and attention to detail for payroll validation and compliance checksProficiency with HRMS/payroll systems and Excel for data management and reportingExcellent communication and stakeholder management skills. Preferred: Experience managing payroll for 10,000+ employees.Experience with large-scale payroll operations and statutory audits.Familiarity with salary structuring for diverse business verticals and client-specific requirements.This role is critical for ensuring our payroll practices are not only timely and accurate but also fully compliant with all legal and statutory obligations across the organization