Compensation Benefits Specialist/Senior Analyst

Havells India Ltd

Dadri

On-site

INR 1,200,000 - 1,800,000

Full time

28 hours ago
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Job summary

Havells India Ltd is seeking a Compensation Specialist/Senior Analyst to design, digitalise and analyse compensation and performance frameworks. The role anchors annual workforce planning and leads the digital setup of compensation modules on Oracle Fusion HCM.

You will drive benchmarking, pay-for-performance linking, and dashboards for leadership reviews, while partnering with HR, Finance and IT to ensure data integrity and governance.

Qualifications

  • 3–5 years in compensation or HR analytics roles.
  • Experience with Oracle Fusion HCM or similar platforms.
  • Advanced Excel and data modelling skills.
  • Understanding of performance management frameworks.
  • Strong data governance and stakeholder skills.

Responsibilities

  • Drive annual workforce planning and budgeting in partnership with HR and Finance.
  • Model manpower cost scenarios and track budget vs. actuals throughout the year.
  • Lead the digital setup of compensation modules on Oracle and manage governance.
  • Build dashboards and analytics on headcount, pay equity and productivity.
  • Deliver ad-hoc analyses for leadership reviews with actionable insights.

Skills

Excel
Analytics modelling
Oracle Fusion HCM
HR analytics
Stakeholder management

Job description

The Compensation Specialist / Senior Analyst will own the design, digitalisation and analytics of the organisation's compensation and performance frameworks. The role anchors annual workforce and manpower cost planning, drives the end-to-end digital setup of compensation modules on Oracle (Fusion HCM), supports the performance management cycle, and builds workforce analytics that enable data-driven rewards and people decisions.

Key Responsibilities
Workforce Planning & Manpower Cost Management
  • Drive annual workforce planning and manpower budgeting in partnership with business HR and Finance — headcount, cost projections and position management.
  • Model manpower cost scenarios (increments, promotions, new hires, attrition backfills) and track budget vs. actuals through the year.
  • Support organisation design exercises with benchmarking of spans, layers and role-level costs.
  • Lead the digital setup and configuration of compensation modules on Oracle — salary structures, grades and ranges, workforce compensation plans, and the annual increment / bonus worksheets.
  • Partner with HRIS / IT teams on requirement gathering, UAT, go-live and hypercare for compensation and performance workflows.
  • Maintain data integrity of compensation elements in the system; automate letters, statements and approval flows.
  • Continuously identify opportunities to simplify and digitise C&B processes, including AI-enabled insights and self-service dashboards.
Performance Management
  • Administer the performance management cycle — goal setting, check-ins, mid-year and annual reviews — on the digital platform.
  • Run calibration support, ratings analytics and pay-for-performance linkage (increment and bonus differentiation matrices).
  • Enable managers and employees on the performance and compensation tools through communication and training material.
Compensation Operations & Benchmarking
  • Execute the annual compensation review cycle — market benchmarking surveys, pay-range design, increment and bonus budgets, and offer fitments.
  • Ensure internal parity and compliance with statutory and governance requirements in all pay decisions.
Workforce Analytics & Reporting
  • Build and publish dashboards on headcount, manpower cost, compa-ratio, pay equity, attrition and productivity metrics for leadership reviews.
  • Deliver ad-hoc analyses and board / CHRO-level presentations with clear, actionable insights.
Candidate Profile
  • 3–5 years of hands-on experience in compensation & benefits, rewards or HR analytics roles, preferably in a large, multi-business organisation.
  • Working experience of Oracle Fusion HCM (Workforce Compensation / Core HR / Performance modules) or a comparable HCM platform; exposure to module implementation is a strong advantage.
  • Advanced Excel and strong analytical modelling skills; familiarity with analytics tools preferred.
  • Sound understanding of performance management frameworks and pay-for-performance design.
  • High integrity and discretion in handling confidential data; strong stakeholder management and communication skills.
  • Structured problem-solver with attention to detail and the ability to manage cyclical peaks (increment cycle, budgeting, appraisals).
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