02 Oct
|
NuSummit
|
Mumbai
Job Summary
We are looking for an experienced Compensation & Benefits (C&B;) Specialist to support the design, implementation, and administration of the organization's Total Rewards strategy. The role will focus on compensation benchmarking, job evaluation, salary structure design, incentive programs, and rewards policies to ensure internal equity and external market competitiveness.
The ideal candidate should have hands-on experience in designing compensation frameworks, conducting market benchmarking, supporting annual compensation reviews, and managing Total Rewards initiatives within a quick-paced organization.
Key Responsibilities
Compensation & Benefits
• Lead the design and implementation of compensation and perks programs.
• Develop and drive compensation and total rewards strategies aligned with business objectives, talent strategy, and market competitiveness.
• Design, develop, and administer Compensation & Benefits policies and programs.
• Support the organization's Total Rewards strategy aligned with business objectives.
• Conduct compensation benchmarking using market surveys (Mercer, Aon, WTW, Radford, Korn Ferry, etc.).
• Perform market pricing and salary competitiveness analysis.
• Support annual compensation review cycles, including merit increases, promotions, and salary revisions.
• Develop salary structures, compensation frameworks, and pay philosophies.
• Prepare compensation proposals for leadership and critical hires.
Total Rewards
• Design and administer Total Rewards programs.
• Develop and review rewards frameworks and recognition programs.
• Design and implement Long-Term Incentive (LTI) and Short-Term Incentive (STI) programs.
• Support the design and governance of variable pay and incentive plans.
• Recommend improvements to Total Rewards policies based on market trends.
Job Evaluation & Organization Design
• Conduct job evaluation and job grading exercises.
• Support job architecture, job leveling, and role mapping initiatives.
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📌 Senior Manager Compensation Benefits (Mumbai)
🏢 NuSummit
📍 Mumbai