Compensation Benefits Manager



Bangalore , India
Mid-Level (4 to 6 years)
Posted on December 07 2022

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About the Job


Compensation & Benefits
Compensation Structures
Payroll Administration

·        Design a compensation package based on business goals and strategy.

·        Create a consistent compensation guideline that matches our work and organizational culture

·        Match and analyze C & B with relation to job descriptions / classifications

·        Apply effective communication strategies 

·        Assess employees needs by conducting organizational surveys( With relations to C & B)

·        Keep abreast with new trend and best practice in the filed

·        Ensure that compensation practices are in compliance with current laws and regulations

·        Conduct periodic audits, prepare and present reports

·        Ensuring compensation and benefits plans are cost-effective and competitive

·        Administering the organization’s benefits programs (e.g., retirement plans, leave policies, wellness programs, insurance policies, etc.)

·        Working with insurance brokers and benefits careers

·        Salary Grid & levels

·        Salary sheet restructuring(Tax friendly)

·        Addressing and supporting on time to employees related to C & B

·        Conduct salary and labor market research to define benchmarks.


Skills Required

  • Previous working experience as a compensation and benefits specialist for 5 -7  years
  • Prior experience in HR operations and knowledge of best practices
  • Assessing the organization’s pay structure
  • Strong with numbers: Compensation and benefits specialists tend to be numbers-oriented, as this career involves a great deal of quantitative analysis.
  • Analytically inclined: The HR compensation and benefits profession requires professionals with strong analytical capabilities, as they are required to analyze trends, surveys, and spreadsheets as to determine compensation and benefits strategies.
  • Detail-oriented: Compensation and benefits strategies are highly technical in nature, and the work involves a considerable amount of research and the interpretation of data. Therefore, compensation and benefits specialist must be detail-oriented as to understand how compensation fits into the overall objectives of the organization.
  • Great communication: Compensation and benefits specialists must be able to communicate effectively with employees and senior executives. They must also be comfortable presenting programs to employee groups and members of senior management.
  • Strong Ethics and Discretion: Because compensation and benefits managers deal with confidential information, they must be stewards of ethics and discrete when it comes to handling sensitive information.

·        Strong Finance knowledge.

·        Good time management skills.

·        Strong oral and written communication skills

·        Good in MS office.




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