Ascensus is the leading independent technology and service platform powering savings plans across America, providing products and expertise that help nearly 16 million people save for a better today and tomorrow.
The Lead Compensation Analyst role will focus on compensation planning, market benchmarking, and the development and implementation of competitive reward strategies. This role will bring a deep understanding of compensation structures, salary surveys, and market data analysis in the India market context, supporting the attraction, retention, and motivation of top talent.
Section 2: Job Functions, Essential Duties and Responsibilities
- Compensation Planning & Analysis
- Collaborate with teammates to lead the annual compensation planning processes, including merit increases, promotions, and bonus recommendations for India.
- Analyze internal and external compensation data to ensure competitiveness and internal equity in accordance with the compensation strategy and philosophy of the organization.
- Develop and maintain salary structures, ranges,
and job levels aligned to market competitiveness and internal equity.
- Market Data Management
- Support Partner with compensation leader in compensation surveys (e.g., Mercer, Aon, Willis Towers Watson) and analyze market data to identify trends and provide insights.
- Build and maintain compensation databases and dashboards for internal reporting and decision-making.
- Partner with global and regional teams to align market data analysis with broader compensation strategies.
- Total Rewards Strategy & Execution
- Contribute to the development and implementation of total rewards programs tailored to the local market.
- Support long- and short-term incentive plan design and rollout.
- Assist in communication and change management initiatives related to rewards programs.
- Participate in job evaluation, leveling, and job family governance using established frameworks.
- Stakeholder Collaboration
- Work closely with t
📌 Lead Compensation Analyst (Chennai)
🏢 Ascensus
📍 Chennai
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