Compensation Manager

Key Responsibilities:

1. Compensation Framework & Performance Management

• Streamline compensation structures across levels and functions.
• Conduct market benchmarking and internal equity analysis to ensure competitiveness.
• Ensure end-to-end adherence of PMS Process.
• Support annual salary review, promotions, and incentive planning cycles.

2. Rewards System Implementation

• Lead the rollout of new total rewards systems and tools.
• Collaborate with teams to ensure smooth adoption and integration.
• Monitor effectiveness and recommend enhancements based on feedback and data.

3. Analytics & Insights

• Develop dashboards and reports to track compensation metrics and trends.
• Use data-driven insights to support decision-making and policy formulation.
• Present findings with actionable recommendations.

4. Policy Formulation

• Draft and update policies in line with business needs and legal requirements.
• Ensure policies are communicated effectively and consistently across the organization.
• Partner with legal and compliance teams to mitigate risks.

5. Benefits Administration

• Oversee administration of employee benefits including health, wellness,

insurance, and retirement plans.

• Drive initiatives to enhance employee experience and engagement through benefits.

6. Recognition Programs

• Deploy recognition initiatives that reinforce company values and performance culture.
• Manage platforms and processes for peer-to-peer and leadership-driven recognition.
• Continuously improve recognition strategies.

7. Compliance & Governance

• Ensure adherence to labour laws, tax regulations, and statutory requirements.
• Stay updated on regulatory changes and assess implications for compensation and benefits.
• Support audits and reporting requirements related to rewards programs.Role & responsibilities

Preferred candidate profile