08 Oct
|
MediaMint
|
Hyderabad
08 Oct
MediaMint
Hyderabad
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, current 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 benefits enrollment, awareness campaigns, and grievance resolution.
Data Analysis & Reporting
Prepare dashboards and reports on compensation, perks 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 & Qualifications:
Bachelor’s/Master’s degree in HR, Business Administration or related field.
5+ years of experience in Compensation &
Benefits or HR Analytics.
Robust analytical and quantitative skills; advanced Excel required.
Knowledge of market benchmarking Excellent communication, stakeholder management, and presentation skills.
Strong understanding of Indian labor laws and compliance requirements.
Experience in managing compensation cycles for mid-to-large organizations.
Exposure to global compensation practices
📌 Compensation Benefits Specialist Hyderabad
🏢 MediaMint
📍 Hyderabad