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: Total Rewards / Compensation & Benefits Analyst (India)

Role Summary The Total Rewards Analyst (India) supports the design, analysis, and execution of compensation and benefits programs, ensuring alignment with market benchmarks, internal equity, and statutory compliance. The role partners with HRBPs, Finance, Payroll, and external vendors to deliver efficient, compliant, and competitive reward practices across the employee lifecycle.

Key Responsibilities

1. Compensation Management & Analysis

- Analyze compensation structures including fixed, variable, and benefits components
- Support development and maintenance of salary bands, pay ranges, and compensation

frameworks
- Conduct internal parity analysis and compa-ratio review
- Assist in market benchmarking using external surveys (Aon, Mercer, Deloitte, etc.)
- Prepare compensation analytics for decision-making

1. Annual Compensation Cycle Execution

- Support end-to-end annual compensation review (merit, bonus, promotions)
- Prepare eligibility files and validate compensation data
- Assist in budget modelling and cost-impact analysis
- Ensure alignment of salary revisions with performance outcomes and business guidelines

1. Compensation Structuring & Offer Support

- Support CTC structuring including components such as:
- Basic salary, HRA, allowances
- Provident Fund (PF) and Gratuity
- Variable pay and incentives
- Validate offers to ensure adherence to internal parity and compensation philosophy
- Support fitment, promotion increments, and counter-offer analysis

1. Variable Pay & Incentive Management

- Assist in design and execution of variable pay and incentive plans (sales & non-sales)
- Validate payout calculations and coordinate with Payroll
- Track performance metrics linked to incentive payouts

1. Benefits Administration (India)

- Support administration and renewal of benefits programs including:
- Insurance programs (GMC, GPA, GTL)




- Retirement benefits (PF, Gratuity, NPS)
- Wellness and employee benefits programs
- Coordinate with vendors for enrolment, data validation, and issue resolution

1. Statutory & Compliance Management (India Focus)

- Ensure compliance with applicable laws and policies:
- Provident Fund (PF) contributions
- Gratuity regulations
- Tax and pay structure compliance
- Support audit requirements and maintain documentation
- Assist in implementation of changes related to labour laws and regulatory updates

1. Data Management & HR Analytics

- Maintain compensation data in HR systems and ensure accuracy
- Generate reports and dashboards:
- Compensation trends
- Cost analysis
- Benefits utilization
- Provide ad-hoc data support to HR, Finance, and leadership

1. Policy Governance & Documentation

- Support drafting and updating compensation and benefits policies
- Ensure alignment with internal guidelines and statutory frameworks
- Maintain SOPs, process documents, and audit trails

1. Stakeholder & Cross-Functional Collaboration

- Partner with:
- HRBPs for business-facing reward decisions
- Payroll for execution accuracy
- Finance for budgeting and cost control
- Vendors for benefits delivery
- Provide analytical inputs to support strategic decisions

Qualifications & Experience
- Masters degree in HR, Finance, Economics, or related field
- 0-1 years of experience in Compensation & Benefits / Total Rewards (India exposure

preferred) Key Skills & Competencies
- Robust analytical and numerical ability
- Advanced Excel (modelling, large datasets, analytics)
- Understanding of Indian compensation structures (CTC, PF, Gratuity, tax components)
- Knowledge of HRIS / Compensation tools
- Strong attention to detail and data accuracy
- Effective stakeholder communication

1. HR Ops - C&B;: Strong Excel skills are mandatory, along with valuable knowledge of compensation structuring and offer support.

Interested Candidates may call on (phone hidden) or share their resume

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