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Compensation & Benefits Lead

Compensation & Benefits Lead

Alliance Recruitment Agency

Pune, Maharashtra, India

Created date: 2025-09-06
Valid upto: 2025-10-04

Job Title: Compensation & Benefits Lead

Location: Baner, Pune
Type: Permanent | On-roll | Full-time | 5 Days Working
Salary Range: ₹30–32 LPA (subject to a maximum 40% increase on current CTC)
Designation: As per experience

Role Overview

We are looking for a highly skilled Compensation & Benefits Lead to design, manage, and optimize compensation structures and benefit programs. The role requires strong analytical expertise, market benchmarking knowledge, and the ability to align compensation strategies with business goals.

Key Responsibilities

Design compensation packages and bonus programs aligned with organizational strategy.

Ensure compliance with pay equity, human rights, and labor legislation.

Identify compensation trends and implement innovative employee engagement practices.

Conduct employee satisfaction research using surveys and data analysis.

Revise compensation plans with monetary and non-monetary benefits as per employee needs.

Track prevailing pay rates and ensure competitiveness in the market.

Draft and manage job descriptions, job evaluations, and job classification frameworks.

Structure compensation to maximize organizational value.

Evaluate and report on employee benefit program effectiveness.

Conduct compensation benchmarking studies and implement findings.

Lead and execute salary projects integrated with HR systems.

 

Qualification :

Bachelor degree

Primary Responsibilities :

Requirements

Proven experience as a Compensation & Benefits Manager, Lead, or similar role.

Hands-on expertise in HRIS or payroll systems.

Strong knowledge of compensation package design and bonus program management.

Excellent understanding of job evaluation and job analysis methodologies.

Strong analytical and quantitative skills.

In-depth knowledge of labor laws and compliance requirements.

Location

: Alliance Recruitment Agency

: 10 To 11 Years.