Role & responsibilities:

Payroll and Compensation, Benefits Administration:
Ensure accurate, timely, and compliant payroll processing across all entities in group.
Lead compensation and advantages programs, including employee insurance and welfare schemes.
Drive process improvements, automation initiatives, and system enhancements to improve operational efficiency.
Prepare and present Compensation & Perks dashboards, analytics, and MIS reports for leadership review.
Resolve payroll and benefits-related employee queries, ensuring high service standards and employee satisfaction.
Ensure adherence to statutory regulations, labor laws, and organizational compliance requirements through effective controls, documentation, and governance mechanisms.
Represent the Compensation & Advantages function during internal, external, statutory, and compliance audits.

Market Intelligence:
Conduct compensation benchmarking studies and analyze industry best practices, salary trends, and incentive structures.




Partner with business leaders to identify critical KPIs and design performance-linked incentive and reward programs.
Monitor market developments and provide actionable recommendations to maintain external competitiveness and internal equity.
Publish market intelligence insights and compensation reports for senior management.

Compensation Review Process:
Lead the annual compensation review cycle, aligning salary decisions with business objectives, market positioning, performance outcomes, internal equity, and approved budgets.
Design, review, and maintain salary structures, grades, and compensation frameworks across all job levels.
Manage annual merit increases, promotions, variable pay programs, and incentive schemes for both support and business-facing functions.
Ensure effective governance and consistency in compensation decisions across the organization.

Project:
Lead ongoing project like Salary Benchmarking for critical roles, Internal Salary

📌 Assistant Vice President Mumbai
🏢 Sharekhan
📍 Mumbai