Compensation & Benefits Specialist

Orcapod Consulting Services; Electronic City; On-site; INR 800,000 - 1,100,000; Full time

Job summary

Orcapod Consulting Services in Bengaluru is seeking an experienced Compensation & Benefits Specialist to manage and enhance our rewards programs. The role requires expertise in compensation design, benefits governance, analytics, and stakeholder management to ensure competitive, equitable, and compliant practices.

The position is full-time and hybrid (3 days onsite) in Electronic City, Bengaluru, with collaboration across HRBPs, Finance, and C&B teams to drive decision-making and automation

Qualifications

• MBA or Finance degree with 3–8 years in C&B in mid-to-large orgs.
• Experience in compensation design, benefits governance, analytics, and stakeholder management.
• Proficient in advanced Excel and HR analytics.

Responsibilities

• Manage annual compensation cycles (merit, promotions, incentives).
• Conduct job evaluations and market benchmarking.
• Design and maintain salary ranges and compa-ratio frameworks.
• Administer benefits programs (health insurance, wellness, statutory & voluntary benefits).
• Manage vendor relationships and SLAs.
• Develop dashboards, reports, and ensure audit readiness.
• Partner with HRBPs, Finance, C&B team for aligned decision-making.
• Drive automation and process improvements in HRIS and rewards tools.

Skills

Compensation design

Benchmarking

Benefits governance

HR analytics

Advanced Excel

Stakeholder management

Communication

Education

MBA / Finance

Tools

HRIS

Job description

Hi All,

We have job opportunity for Compensation & Benefits Specialist in Bangalore.

Location: Electronic City, Bengaluru

Experience: 2 to 6 Years

Role Type: Full-time, Hybrid (3 days onsite)

Role Overview

We are seeking an experienced Compensation & Benefits Specialist to manage and enhance our rewards programs. This role requires expertise in compensation design, benefits governance, analytics, and stakeholder management, ensuring competitive, equitable, and compliant practices.

Key Responsibilities

• Manage annual compensation cycles (merit, promotions, incentives).
• Conduct job evaluations and market benchmarking.
• Design and maintain salary ranges and compa-ratio frameworks.
• Administer benefits programs (health insurance, wellness, statutory & voluntary benefits).
• Manage vendor relationships and SLAs.
• Develop dashboards, reports, and ensure audit readiness.
• Partner with HRBPs, Finance, C&B team for aligned decision-making.
• Drive automation and process improvements in HRIS and rewards tools.

Desired Skills & Expertise

• Strong knowledge of compensation structuring, benchmarking, and incentive design.
• Benefits management and vendor governance experience.
• HR analytics and dashboard development.
• Advanced Excel and strong analytical skills.
• Excellent communication, stakeholder management, and problem-solving abilities.

Qualifications

• MBA / Bachelors degree in Finance or related field.
• 3 to 8 years of relevant C&B experience in mid-to-large organizations (preferably MNCs).
• Proven ability to influence senior leadership and manage complex stakeholder groups.

Regards,

Sandhya