A leading IT consulting firm in Bengaluru is looking for an Associate Lead in Compensation and Benefits. This role involves designing compensation models, linking compensation to organizational performance, and resolving complex compensation issues. The ideal candidate will engage with internal stakeholders for feedback and report on program effectiveness. This full-time position offers an opportunity to innovate in compensation strategies.
Responsibilities
Design compensation models, allowances, salary ranges, and incentive programs.
Link compensation with organizational performance and manage reward programs.
Engage with stakeholders to solicit feedback and recommend design improvements.
Resolve escalated compensation issues and recommend optimal solutions.
Develop and report metrics related to compensation programs.
Job description
Associate Lead-Compensation and Benefits
Design compensation models, allowances, salary ranges, long & short-term incentive programs, policy formulation across group entities.
Linking compensation with organizational performance, management of large-impact reward programs, financial impact analysis and scenario-building, digitization for improved program implementation, benchmarking reward programs with market intelligence.
Engage with internal stakeholders and user groups to solicit actionable feedback on programs and recommend design improvements.
Independently resolve escalated compensation issues and recommend optimal solutions for issues with high complexity.
Develop and report metrics related to effectiveness of managed compensation programs / processes.