Role Purpose
The Compensation & Benefits Analyst will support the design, administration, analysis, and governance of compensation and benefits programs across the organization. The role will be responsible for compensation benchmarking, annual salary review administration, internal parity analysis, rewards reporting, benefits administration, compensation data management, and Total Rewards analytics.

Key Responsibilities
Compensation Management
Support end-to-end administration of compensation programs.
Conduct compensation analysis for:
New hires
Promotions
Internal movements
Salary corrections
Retention cases
Employee transfers
Prepare salary recommendations based on internal equity and market competitiveness.
Maintain salary structures, pay ranges, and compensation frameworks.

Annual Compensation Review (APR)
Support annual merit increase, promotion, and variable pay cycles.
Validate employee data and compensation guidelines.
Review manager recommendations for policy compliance.
Prepare APR dashboards and budget utilization reports.




Conduct compensation modelling and payout simulations.
Market Benchmarking & Job Evaluation
Participate in compensation benchmarking activities with:
Mercer
WTW
Aon
Korn Ferry
Internal Parity & Rewards Analytics
Conduct pay equity and internal parity analysis.
Identify compensation anomalies and recommend for corrective measures.
Generate periodic dashboards and analytics on:
Salary movement
Pay competitiveness
Attrition trends
Hiring premiums
Promotion effectiveness
Compensation costs
Develop insights for HR and business leaders.

Compensation Governance & Compliance
Ensure compliance with compensation policies and governance standards.
Maintain compensation and perks documentation.
Support audits and data validation exercises.
Assist in implementation of compensation-related regulatory changes, including Wage Code requirements where applicable.
Ensure confidentiality and integrity of employee compensation information.
Reporting

📌 Comp &Ben Analyst (Hyderabad)
🏢 ArcelorMittal Global Business & Technologies
📍 Hyderabad