The Compensation & Benefits Senior Analyst is responsible for supporting the design, analysis, and administration of the organization’s compensation and benefits programs. This role ensures internal equity, external competitiveness, compliance with regulations, and a seamless employee experience across all C&B; processes.

Responsibilities:
Compensation Management
• Support the design and maintenance of job architecture, salary structures, and pay ranges.
• Conduct market benchmarking using surveys (Mercer, AON, Willis Towers Watson, etc.).
• Perform compensation analysis for promotions, new hires, internal transfers, and adjustments.
• Manage annual compensation cycle activities including merit, increment, and bonus planning.
• Identify pay compression, inequities, and recommend corrective actions.
• Ensure compensation decisions align with internal policies and budget guidelines.

Benefits Administration
• Oversee employee benefits programs (health insurance, wellness programs, retirement plans, etc.).
• Monitor benefit utilization, cost trends, and employee feedback.




• Support perks enrollment, awareness campaigns, and grievance resolution.

Data Analysis & Reporting
• Prepare dashboards and reports on compensation, benefits utilization, and C&B; KPIs.
• Analyze compensation trends and forecast C&B; budgets.
• Provide insights to HRBPs and leadership to support decision-making.
• Ensure data accuracy in HRIS systems

Policy & Compliance
• Ensure adherence to statutory guidelines (PF, ESIC, Bonus Act, Gratuity, Minimum Wage, etc.).
• Support internal and external audits related to compensation and benefits.
• Maintain documentation and enforce governance around compensation processes.

Stakeholder Collaboration
• Partner with HRBPs, Finance, Talent Acquisition, and business leaders for C&B; decisions.
• Facilitate training sessions and communication for C&B; programs.
• Address employee queries related to compensation structures and benefits programs.

Skills & Qual

📌 Compensation Benefits Specialist (Hyderabad)
🏢 MediaMint
📍 Hyderabad