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Kolkata IT Hub is seeking a Compensation & Benefits Director to develop and oversee compensation strategies, employee benefits programs, and reward policies. This role drives market-aligned structures, equity, and retention while ensuring regulatory compliance across the organization.
The director will design salary structures, review incentive programs, manage benefits administration, and collaborate with senior leadership to forecast budgets and assess program effectiveness.
Role Description
The Compensation & Benefits Director is responsible for developing and overseeing compensation strategies, employee benefits programs, and reward policies that support organizational objectives and workforce retention. This role ensures that compensation structures remain competitive, equitable, and aligned with business goals and applicable regulations.
Key responsibilities include designing salary structures, reviewing incentive programs, overseeing benefits administration, and establishing compensation guidelines. The director analyzes market benchmarks, evaluates pay practices, and recommends improvements to ensure consistency and fairness across the organization.
Additional duties include managing annual salary reviews, developing performance-based reward frameworks, monitoring benefits costs, and ensuring compliance with relevant employment regulations. The role collaborates with Human Resources, Finance, and senior leadership to develop workforce reward strategies, prepare budget forecasts, and assess the effectiveness of compensation programs.
The director also oversees compensation reporting, supports job evaluation processes, reviews benefits policies, and identifies opportunities to improve employee satisfaction and cost efficiency. Maintaining confidentiality, data accuracy, and transparent reward practices is essential to this position.