About the Role

As the Compensation, Variable Pay &

Benefits Lead, you will own the compensation strategy, variable pay programs and employee benefits 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.

Benefits 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 advantages 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