GM - Compensation & Benefits

greytHR; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

greytHR, located in Bengaluru, is seeking a strategic leader for its Compensation & Benefits function. This role will drive the Total Rewards strategy aligned with the company's growth. Responsibilities include managing compensation benchmarking, salary structures, and enhancing employee benefits.

The ideal candidate should have 8 - 10 years of experience in high-growth environments and an MBA or related postgraduate degree. Strong analytical skills and stakeholder management abilities are essential.

Qualifications

• 8 - 10 years of experience in Compensation & Benefits / Total Rewards.
• Experience in High-growth SaaS, Technology, Or Product Organizations preferred.
• Strong exposure to compensation benchmarking, salary structures, variable pay, and rewards governance.

Responsibilities

• Define and drive greytHR’s Total Rewards and Compensation philosophy.
• Lead compensation benchmarking, salary structures, and pay governance.
• Build and manage job architecture, leveling, and salary bands.
• Drive annual compensation review cycles including merit, promotions, and bonuses.
• Design and manage sales compensation and variable pay frameworks.

Skills

Strong business and financial acumen

Expertise in compensation design, benchmarking, and pay governance

Strong analytical and data-driven decision-making capability

Excellent stakeholder management and influencing skills

Strong communication and executive presence

High attention to detail, governance, and confidentiality

Education

MBA / Postgraduate in HR or related field

Job description

Overview

Greytip Software is India’s largest cloud HR & Payroll software solutions company. With a customer base of over 30,000 customers we touch the lives of 3 million+ employees daily. Our mission is to improve people-centric practices and performance in SMEs (Small and Medium enterprises) through our cloud solution, greytHR.

Role Objective

We are looking for a strategic and hands-on Compensation & Benefits leader to build and institutionalize a scalable Total Rewards function aligned with greytHR’s growth priorities. This role will drive compensation strategy, salary benchmarking, job architecture, variable pay design, benefits competitiveness, compensation governance, and manager enablement across the organization. The role requires strong partnership with HR, Finance, and business leaders to ensure compensation practices are competitive, data-driven, equitable, and scalable.

Responsibilities

• Define and drive greytHR’s Total Rewards and Compensation philosophy
• Lead compensation benchmarking, salary structures, and pay governance
• Build and manage job architecture, leveling, and salary bands
• Drive annual compensation review cycles including merit, promotions, and bonuses
• Design and manage sales compensation and variable pay frameworks
• Benchmark and enhance employee benefits competitiveness
• Support ESOP and equity program governance
• Build Compensation Analytics, Dashboards, And Reporting Capabilities
• Enable managers with tools and frameworks for compensation conversations
• Ensure Compliance With Compensation-related Statutory Requirements

Success metrics

• Improved offer competitiveness and reduced compensation-related attrition
• Structured salary bands and compensation governance framework implementation
• Improved manager effectiveness in compensation discussions
• Enhanced benefits competitiveness and employee value perception
• Better alignment between compensation practices and business priorities
• Improved compensation analytics and decision-making capability

Qualifications

• MBA / Postgraduate in HR or related field preferred

Experience

• 8 - 10 years of experience in Compensation & Benefits / Total Rewards
• Experience in High-growth SaaS, Technology, Or Product Organizations Preferred
• Strong exposure to compensation benchmarking, salary structures, variable pay, and rewards governance
• Experience partnering with senior leadership and Finance teams
• Exposure To Sales Compensation And ESOP Management Preferred

Skills & Competencies

• Strong business and financial acumen
• Expertise in compensation design, benchmarking, and pay governance
• Strong analytical and data-driven decision-making capability
• Excellent stakeholder management and influencing skills
• Strong communication and executive presence
• High attention to detail, governance, and confidentiality