About the Role
As the Compensation, Variable Pay & Benefits Lead, you will own the compensation strategy, variable pay programs and employee perks framework. You will make sure pay practices are competitive, compliant and data-driven. You will work with HR and business leaders to enable fair pay decisions, employee engagement and cost-effective rewards.

Key Responsibilities
Compensation Management
• Lead annual compensation planning, including merit, market adjustments and promotions.
• Benchmark roles and run pay analysis to ensure internal equity and market competitiveness.
• Manage salary structures, pay ranges and job evaluations.
• Recommend pay for hiring, transfers and retention cases.
• Analyze compensation trends and share insights with leadership. Variable Pay & Incentive Programs
• Own the design, administration and governance of variable pay, bonus and incentive plans.
• Manage annual and quarterly incentive calculations, payouts and audits.
• Work with Finance, HRBPs and business units on performance metrics and eligibility.
• Keep incentive programs transparent and aligned with organizational goals. Perks Administration
• Manage benefits programs such as insurance, leaves,



wellness and retirement benefits.
• Evaluate benefit offerings for competitiveness and cost-effectiveness.
• Drive vendor management, renewals, negotiations and SLA adherence.
• Resolve employee queries and communicate benefit policies clearly. Governance, Policies & Compliance
• Maintain C&B; policies aligned with statutory requirements (PF, gratuity, ESIC and others).
• Ensure strong governance, documentation and audit readiness for all pay and benefits processes.
• Drive process improvements and standardization. Reporting, Analysis & Insights
• Build dashboards and reports on compensation trends, cost impact, payout summaries and headcount metrics.
• Provide modeling and scenario analysis for leadership decisions.
• Support budgeting and cost projections for compensation, variable pay and benefits. Stakeholder Management
• Partner with HR Business Partners, Talent Acquisition, Finance and leadership on compensation decisions.
• Lead communication for reward cycles, benefits changes and policy updates.
• Act as the subject matter expert on compensation and benefits.

📌 Compensation and Benifit Manager (Mumbai)
🏢 VISTATEQ VIRTUOSITY INDIA PRIVATE
📍 Mumbai