Deputy Manager/Manger - Compensation & Benefit (Gurugram)

Deputy Manager/Manger - Compensation & Benefit (Gurugram)

14 Aug
|
V-Mart Retail
|
Gurugram

14 Aug

V-Mart Retail

Gurugram

- Market Competitiveness & Pay Structure Architecture

● Salary Benchmarking: Lead annual market compensation benchmarking for critical roles across HO,

zones, warehouses, and store operations using standard survey methodologies (Mercer, Aon).

● Market Positioning: Align pay structures to position compensation within ±5% of the market median for 100% of critical roles to maintain market competitiveness.

● Pay Band Design: Architect and update grade-wise salary bands and pay ranges in line with the organization’s redesigned organogram and job evaluation benchmarks.

- Pay-for-Performance Architecture & Incentive Design

● Frontline & Sales Incentives: Design, simulate, and roll out variable pay schemes tied directly to

Sales Per Square Foot (SPSF), Cluster P&L;, and store conversion metrics.

● Skill & Certification Rewards: Formulate certification-linked reward frameworks (e.g., VM Captains,

Cluster Champions) and skill-based reward models for backend and store teams.

● Incentive Governance & Simulation: Conduct pre-launch financial simulations for 100% of incentive plans to ensure target correlation , budget feasibility, and payout calculation accuracy.

- Manpower Budgeting & Cost Governance

● Budget Monitoring: Govern manpower costs against AOP across Corporate and Store Operations.

● Increment & Bonus Cycles: Model, plan, and execute annual merit increment and bonus cycles on schedule within allocated budget limits.

● Cost Forecasting & MIS: Oversee monthly manpower cost MIS reports (published by 5th working day) and maintain quarterly cost forecast variance against actuals.

- Total Rewards & Benefits Management

● Benefits Strategy: Evaluate, design, and manage comprehensive employee benefits programs across corporate, regional, warehouse,



and frontline units.

● Awareness & Adoption: Drive employee awareness campaigns (≥ 90% target awareness) and boost program utilization by at least 15% year-over-year.

● Satisfaction & Cost Control: Maintain employee perks satisfaction scores (≥ 4/5) while optimizing the cost per FTE within AOP targets to support employee engagement goals (≥ 3.5 score).

- Job Evaluation & Organization Structure Mapping

● Role-to-Grade Mapping: Partner with Org Design & Workforce Planning to map job roles to revised grades and compensation bands, evaluating financial impacts of role rationalization.

● Span of Control Costing: Quantify and model the cost impact of span-of-control benchmarks and long-term workforce demand/supply forecasting (2030 org plan).

Experience (Must have)

● 4–9 years of total experience in Human Resources with strong specialization in Compensation &

Benefits.

● Experience in designing sales/store incentive plans, commission structures, or variable pay models in a multi-unit retail, QSR, Logistics or FMCG business.

● Proven expertise in market salary benchmarking, Mercer/Aon survey submissions, job evaluation,

and pay-band design.

● Demonstrated hands-on experience in manpower budget planning, cost modeling, and variance analysis.

● Should have worked as a consultant and Internal Compensation HR, or should have experience working with consultants being responsible for C&B; function of an organization.

Experience (Preferred)

● Prior experience in high-volume, multi-site retail or consumer organizations managing C&B; for a headcount of 10,000+ employees.

● Exposure to designing skill/certification-based reward models and AI/digital HR analytics tools

(Power BI, Python/R, advanced Excel).

📌 Deputy Manager/Manger - Compensation & Benefit (Gurugram)
🏢 V-Mart Retail
📍 Gurugram

Reply to this offer

Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.

Subscribe to this job alert:

Get the latest job offers by email for: deputy manager/manger - compensation & benefit (gurugram) / gurugram

Subscribe to this job alert:

Get the latest job offers by email for: deputy manager/manger - compensation & benefit (gurugram) / gurugram