The Deputy Manager / Manager – C&B; will be responsible for designing, implementing, and managing the organisation’s total rewards strategy, Benchmarking, ensuring it is competitive, sustainable, scalable, and aligned with business objectives. The role will focus on compensation planning, budgeting, cost tracking, automation, and rewards programs that drive employee engagement and performance while optimising cost efficiency.

The position requires a strong mix of strategic thinking, analytical capability, stakeholder management, and operational excellence, acting as a trusted advisor to business leaders and HR partners

Key Responsibilities

1. Compensation & Rewards Strategy

- Design, implement, and manage the organisation’s total rewards framework, including compensation structures, variable pay, benefits, and recognition programs.
- Conduct regular benchmarking and market analysis to ensure competitiveness and internal equity.
- Partner with HRBPs and business leaders to create compensation strategies aligned with talent attraction and retention goals.

2. Budgeting and Cost Planning

- Own the annual compensation budgeting process, working closely with finance, business, and HR leadership.
- Forecast and monitor compensation-related costs, including salary increments, promotions, bonuses, and benefits.
- Track actual vs. planned spends and provide insights, variance analyses, and cost optimisation recommendations.

3. Pay Review & Annual Cycles

- Lead the annual compensation cycle (merit, bonus, promotions) including planning, system configuration, rollout, and governance.
- Develop compensation proposals and prepare analytics for leadership reviews and approvals.




- Support compensation decisions during hiring, transfers, and organisational restructuring.

4. Recognition & Benefits

- Design and manage employee recognition programs to reinforce desired behaviours and performance outcomes.
- Evaluate and manage advantages plans and policies, ensuring cost-effectiveness and relevance.
- Partner with vendors and brokers to optimise advantages portfolio and service delivery

5. Analytics, Governance & Compliance

- Generate compensation analytics and insights to support business decisions and talent strategies.
- Ensure total rewards practices are compliant with statutory requirements and internal policies.
- Support internal and external audits and contribute to compensation-related reporting and disclosures.

6. Automation & Digital Transformation

- Drive automation and digitisation of total rewards processes, including dashboards, workflows, and compensation planning tools.
- Partner with IT and HR systems teams to implement and enhance compensation modules within HRMS platforms.
- Ensure data accuracy, integrity, and governance across all compensation systems and reports.

Key Deliverables

- Successful execution of annual compensation cycles with accuracy and timeliness.
- Implementation of compensation budgeting with cost tracking and variance analysis.




- Improved automation and reporting efficiency for total rewards processes.
- Market-competitive, equitable, and compliant rewards framework.
- Enhanced employee engagement through impactful recognition and benefits programs.

Qualifications & Experience

Requirement

Description

Education

MBA / PGDM in Human Resources, Finance, or related field

Experience

5–8 years of experience in compensation & benefits or total rewards, with at least 2–3 years in hands on experience in designing bands grades and benchmarking

Industry Preference

Experience in manufacturing, infra, FMCD preferred

Certifications (Optional)

Certification in compensation/analyticsis an added advantage

Core Competencies

Competency

Description

Compensation Expertise

Strong understanding of compensation principles, market benchmarking, job evaluation, etc

Process Documentation & Standardization

Creates and maintains up-to-date C&B; process manuals, guidelines, and workflows. Standardizes practices across geographies/business units to ensure uniformity and control.

Budgeting & Cost Management

Skilled in forecasting, variance tracking, and financial analytics

Analytical & Numerical Skills

Advanced Excel, HR analytics, and financial modelling skills

Systems & Automation

Experience in HRMS compensation modules, dashboards, automation tools

Stakeholder Management

Ability to influence and partner with leadership and cross-functional teams

Detail Orientation & Governance

High level of accuracy, process discipline, and compliance orientation

Business Acumen

Ability to connect rewards strategies to talent and business outcomes

📌 Compensation and Benefits Manager (Gurugram)
🏢 Eastman Auto u0026 Power
📍 Gurugram