Compensation Analyst

ACURA SOLUTIONS LTD; Thane; On-site; INR 600,000 - 1,000,000; Full time

Job summary

ACURA SOLUTIONS LTD in Mumbai is seeking a Compensation Analyst to develop and manage compensation strategies aligned with organizational goals. The role involves market benchmarking, reporting, and collaboration with HR and management to attract and retain talent.

The ideal candidate will analyze compensation data, ensure regulatory compliance, and assist with salary reviews and related communications. A proactive, detail-oriented approach is essential for improving equity and competitiveness

Qualifications

• Strong knowledge of compensation principles and practices.
• Proficiency in data analysis and reporting.
• Excellent communication and interpersonal skills.
• Ability to work collaboratively in a team environment.
• Detail-oriented with strong organizational skills.

Responsibilities

• Conduct market research to benchmark compensation packages against industry standards.
• Collaborate with HR and management to design and implement compensation structures that attract and retain talent.
• Analyze compensation data and prepare reports to support decision-making processes.
• Ensure compliance with legal regulations and internal policies regarding compensation.
• Assist in the development of compensation-related communication materials for employees.
• Provide support in the annual salary review process and other compensation-related initiatives.

Skills

Compensation principles

Data analysis

Communication skills

Team collaboration

Attention to detail

Job description

We are seeking a Compensation Analyst to join our team in the Mumbai Region, Maharashtra. The ideal candidate will play a crucial role in developing and managing compensation strategies that align with our organizational goals. This position requires a keen understanding of compensation planning and the ability to analyze market trends to ensure our compensation packages are competitive and equitable.

Key Responsibilities

• Conduct market research to benchmark compensation packages against industry standards.
• Collaborate with HR and management to design and implement compensation structures that attract and retain talent.
• Analyze compensation data and prepare reports to support decision-making processes.
• Ensure compliance with legal regulations and internal policies regarding compensation.
• Assist in the development of compensation-related communication materials for employees.
• Provide support in the annual salary review process and other compensation-related initiatives.

Required Skills

• Strong knowledge of compensation principles and practices.
• Proficiency in data analysis and reporting.
• Excellent communication and interpersonal skills.
• Ability to work collaboratively in a team environment.
• Detail-oriented with strong organizational skills.

If you are passionate about compensation planning and are looking to make a significant impact within our organization, we encourage you to apply for this exciting opportunity.