Job Description:
Compensation & Benefits :
1. Compensation Strategy & Design
Develop and implement compensation strategies aligned with business goals.
Design base pay structures, incentive plans, and other perks.
Conduct job evaluations and market pricing to ensure competitive pay.
Share inputs based on learning from previous iterations to enhance the value add of the functions processes to the organization.
Develop and implement sales compensation plans that align with company objectives.
Collaborate with sales leadership, finance, and other stakeholders to ensure plans drive desired behaviors.
Benchmark compensation structures against industry standards.
Experience in driving cost optimization measures
2. Plan Administration
Maintain and update compensation plans, policies, and documentation.
Ensure accurate and timely calculation of commissions, bonuses, and incentives.
Manage exceptions, disputes, and escalations related to compensation.
3. Market Benchmarking & Analysis
Lead salary surveys and benchmarking studies.




Analyze compensation trends and provide insights to leadership.
Maintain internal equity and external competitiveness.
4. Policy Development & Governance
Create and maintain compensation policies and guidelines.
Ensure compliance with labor laws, tax regulations, and internal controls.
Support audits
5. Operational Execution/Program Deployment
Oversee annual compensation cycles (e.g., merit increases, bonus payouts, Other compensation programs).
Partner with HRBPs and business leaders during salary reviews / promotions/Roll out of various compensation programs
Manage compensation systems and tools as applicable.
6. Stakeholder Collaboration
Work with business leaders and other stakeholders on compensation decisions.
Educate managers and employees on compensation philosophy and practices.
Support organizational change initiatives (e.g., M&A;, restructuring).
7. Reporting & Analytics
Generate compensation reports and dashboards for leadership.
Monit

📌 Compensation Benefits Specialist (Bengaluru)
🏢 Edgeverve
📍 Bengaluru