Compensation & Benefits Partner

BigMint (formerly SteelMint/CoalMint); Raipur; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

BigMint Technologies Pvt. Ltd. in India seeks a Compensation & Benefits Partner to drive compensation operations, benefits administration, and PMS governance. You will generate actionable HR analytics and ensure compliance, partnering with leadership to optimize costs and competitiveness.

The role requires strong Excel and HRMS proficiency, experience with salary benchmarking, and the ability to translate data into strategic recommendations for HR and business leaders.

Qualifications

• MBA/PGDM in HR, Finance, or related discipline.
• 5-8 years in Compensation & Benefits, PMS, or HR operations.
• Strong knowledge of compensation structures and annual cycles.
• Payroll experience and Indian statutory compliance.
• Experience coordinating end-to-end PMS processes.
• Advanced Excel and HRMS proficiency; Power BI is a plus.
• Knowledge of benefits budgeting and governance.
• Commitment to data confidentiality and controls.

Responsibilities

• Compensation & Rewards management and policy implementation.
• Salary benchmarking and market competitiveness analysis.
• Prepare proposals for hires, increments, promotions, and changes.
• Maintain compensation policies, guidelines, and SOPs.
• Provide payroll inputs and ensure accuracy with payroll team.
• Support statutory compliance and external service providers.
• End-to-end PMS management: goals, reviews, calibrations.
• Develop PMS dashboards and analyze performance trends.
• HR analytics, reporting, and cost management.
• Stakeholder collaboration and process governance.

Skills

HR analytics

Payroll

Excel

Power BI

Stakeholder management

Data confidentiality

Process governance

Education

MBA/PGDM in HR or Finance

Tools

Power BI

HRMS platforms

Job description

About BigMint Technologies Pvt. Ltd.

BigMint is a trusted platform for price reporting, market intelligence, and consulting across global commodity markets. We empower businesses to make critical market decisions by providing reliable insights, robust pricing data, and strategic consulting services. As a gateway to industry‑leading intelligence, BigMint offers comprehensive coverage across metals, minerals, energy, agriculture, polymers, and other key commodity sectors, with 800+ commodity price assessments spanning 40+ countries. Through our strong platform for pricing, data, and networking, we help businesses stay ahead and remain at the forefront of the industry. For more details, visit www.bigmint.co.

Role Purpose

The Compensation & Benefits Partner will drive the effective execution and governance of compensation, benefits, and performance management processes at BigMint. The role will ensure accurate and timely delivery of compensation operations, effective administration of employee benefits, and robust statutory compliance. The role will also support compensation planning, Performance Management System (PMS) governance, and HR analytics by generating actionable insights on employee costs, compensation trends, performance outcomes, and reward effectiveness to enable informed decision‑making by HR and business leadership.

Key Responsibilities

• Compensation & Rewards Management
• Implement compensation structures and reward programmes in line with approved policies and business requirements.
• Conduct salary benchmarking and compensation analysis to assess market competitiveness, internal parity, and retention risks.
• Prepare compensation proposals and financial impact assessments for new hires, increments, promotions, and other compensation changes.
• Maintain compensation policies, guidelines, documentation, and standard operating procedures, ensuring consistent application across functions.
• Analyse compensation costs and provide data‑backed inputs to HR leadership for budgeting, planning, and reward decisions.
• Provide payroll inputs, compensation changes, employee settlements, and related records to support accuracy and consistency in payroll administration.
• Support statutory compliance and other regulatory requirements, in coordination with relevant stakeholders and external service providers.
• Performance Management System (PMS)
• Manage end‑to‑end PMS cycle, including goal setting, KRA/KPI alignment, periodic reviews, year‑end assessments, rating calibration, and closure.
• Ensure timely completion of performance milestones and maintain accurate performance records and audit trails.
• Support the linkage between performance outcomes, increments, promotions, incentives, and other reward decisions.
• Develop PMS dashboards and analyse performance trends, rating distributions, goal achievement, and review completion.
• Partner with functional managers to improve process adherence, consistency, and the quality of performance documentation.
• Identify process improvement opportunities to strengthen PMS effectiveness and governance.
• Benefits Administration
• Manage employee benefit programmes and retirement benefits.
• Monitor benefits utilisation, employee queries, renewals, and service‑provider performance.
• Support employee communication and awareness initiatives relating to benefits.
• Ensure appropriate documentation, governance, and compliance across benefits administration.
• HR Analytics & Management Reporting
• Develop and maintain HR dashboards and reports covering employee costs, compensation, and performance outcomes.
• Analyse compensation trends, and workforce cost movements to support business planning.
• Prepare compensation budgets, projections, variance analyses, and financial impact assessments for HR leadership.
• Generate insights on compensation distribution, internal parity, market positioning, performance differentiation, and reward effectiveness.
• Establish data validation mechanisms and reporting standards to improve accuracy, consistency, and reliability of HR data.
• Translate HR data into meaningful insights and recommendations for management reviews and decision‑making.
• Stakeholder Management & Process Governance
• Partner with internal stakeholders and external service providers to ensure smooth execution of compensation, benefits, and PMS processes.
• Act as the subject matter resource for employee and manager queries relating to compensation, benefits, and performance processes.
• Maintain confidentiality and appropriate access controls for sensitive employee and compensation data.
• Identify opportunities to automate, simplify, and improve HR processes through effective use of HRMS and analytics tools.
• Ensure process documentation, audit trails, internal controls, and consistent policy implementation across the employee lifecycle.
  

Key Requirements

• MBA/PGDM in Human Resources, Finance, or a related discipline.
• 5-8 years of relevant experience in Compensation & Benefits, Total Rewards, or HR Operations, preferably with exposure to PMS and HR analytics.
• Strong knowledge of compensation structures, salary benchmarking, and annual compensation cycles.
• Working knowledge of payroll, statutory filings, reconciliations, and applicable Indian employment compliance requirements, with the ability to coordinate effectively with internal stakeholders and external service providers.
• Experience in coordinating and administering end-to-end PMS processes, including goal setting, performance reviews, rating calibration, and increment cycles.
• Proficiency in advanced Excel and HRMS platforms; experience with Power BI or other data visualization tools will be an advantage.
• Working knowledge of benefits administration and compensation budgeting.
• Strong understanding of data confidentiality, documentation, internal controls, and process governance.
  

Key Skills

• Compensation and rewards administration
• Performance management and process governance
• HR analytics, reporting, and financial analysis
• Strong numerical and analytical capabilities
• Stakeholder management and problem-solving
• Process improvement and HRMS utilization
• Attention to detail, confidentiality, and professional judgment
  

Skills: hr analytics,compliance,compensation & benefits,performance management,payroll,compensation