Compensation & Benefits Lead

Alliance Recruitment Agency; Pune District; On-site; INR 3,000,000 - 3,200,000; Full time

Job summary

Alliance Recruitment Agency is looking for a Compensation & Benefits Lead in Pune to design, manage, and optimize compensation structures and benefit programs. The role requires strong analytical expertise and market benchmarking knowledge to align pay with business goals.

Responsibilities include designing compensation packages and bonuses, ensuring pay equity and compliance, and conducting benchmarking studies.

Qualifications

• Proven experience as a Compensation & Benefits Manager, Lead, or similar role.
• Hands-on expertise in HRIS or payroll systems.
• Strong knowledge of compensation package design and bonus program management.
• Excellent understanding of job evaluation and job analysis methodologies.
• Strong analytical and quantitative skills.
• In-depth knowledge of labor laws and compliance requirements.

Responsibilities

• Design compensation packages and bonus programs aligned with organizational strategy.
• Ensure compliance with pay equity, human rights, and labor legislation.
• Identify compensation trends and implement innovative employee engagement practices.
• Conduct employee satisfaction research using surveys and data analysis.
• Revise compensation plans with monetary and non-monetary benefits as per employee needs.
• Track prevailing pay rates and ensure competitiveness in the market.
• Draft and manage job descriptions, job evaluations, and job classification frameworks.
• Structure compensation to maximize organizational value.
• Evaluate and report on employee benefit program effectiveness.
• Conduct compensation benchmarking studies and implement findings.
• Lead and execute salary projects integrated with HR systems.

Skills

Analytical & quantitative skills

HRIS

Payroll systems

Labor law knowledge

Tools

HRIS

Payroll systems

Job description

Proven experience as a Compensation & Benefits Manager, Lead, or similar role.

Hands-on expertise in HRIS or payroll systems.

Strong knowledge of compensation package design and bonus program management.

Excellent understanding of job evaluation and job analysis methodologies.

Strong analytical and quantitative skills.

In-depth knowledge of labor laws and compliance requirements.

City: Pune

State: Maharashtra

Postal Code: 000000

Created Date: 2025-09-06

End Date: 2026-11-28

Experience: 10 - 11 year

Openings: 1

Primary Responsibilities :

Job Title: Compensation & Benefits Lead

Location: Baner, Pune
Type: Permanent | On-roll | Full-time | 5 Days Working
Salary Range: ₹30-32 LPA (subject to a maximum 40% increase on current CTC)
Designation: As per experience

Role Overview

We are looking for a highly skilled Compensation & Benefits Lead to design, manage, and optimize compensation structures and benefit programs. The role requires strong analytical expertise, market benchmarking knowledge, and the ability to align compensation strategies with business goals.

Key Responsibilities

Design compensation packages and bonus programs aligned with organizational strategy.

Ensure compliance with pay equity, human rights, and labor legislation.

Identify compensation trends and implement innovative employee engagement practices.

Conduct employee satisfaction research using surveys and data analysis.

Revise compensation plans with monetary and non-monetary benefits as per employee needs.

Track prevailing pay rates and ensure competitiveness in the market.

Draft and manage job descriptions, job evaluations, and job classification frameworks.

Structure compensation to maximize organizational value.

Evaluate and report on employee benefit program effectiveness.

Conduct compensation benchmarking studies and implement findings.

Lead and execute salary projects integrated with HR systems.

Experience Requirements:

Requirements

Proven experience as a Compensation & Benefits Manager, Lead, or similar role.

Hands-on expertise in HRIS or payroll systems.

Strong knowledge of compensation package design and bonus program management.

Excellent understanding of job evaluation and job analysis methodologies.

Strong analytical and quantitative skills.

In-depth knowledge of labor laws and compliance requirements.