Hr Analytics Manager

OKAYA; New Delhi; On-site; INR 800,000 - 1,400,000; Full time

Job summary

OKAYA is seeking an HR Analytics & Compensation & Benefits Analyst to support compensation programs, HR MIS, and data-driven decision making. The role covers salary benchmarking, budgeting, payroll coordination, and governance across C&B processes.

The candidate will work with HR and finance stakeholders to ensure accurate data, standardized reporting, and process improvements through advanced Excel and Power BI tools.

Qualifications

• Supports C&B programs in line with policies and guidelines.
• Performs salary benchmarking and compensation analysis for decision-making.
• Assists in annual salary reviews, data prep, simulations and cost analysis.
• Maintains salary structures, grades, bands and compensation-related databases.
• Supports variable pay and incentive programs, including calculations and payouts.
• Prepares compensation analyses for hires, promotions and transfers.
• Supports administration and analysis of employee benefits (PF, gratuity, insurance, etc.).

Responsibilities

• Prepare HR MIS, dashboards and reports for HR and business stakeholders.
• Analyze headcount, manpower cost, compensation, performance, and movements.
• Provide data-driven insights for HR decision-making and reviews.
• Validate HR data accuracy with validation and reconciliation checks.
• Develop standardized HR reports and dashboards using Excel and Power BI.
• Assist in budgeting: annual manpower and compensation budgets.
• Support payroll coordination and C&B governance with cross-functional teams.
• Identify opportunities for automation and simplification of HR reports and processes.

Skills

HR analytics

Data management

Dashboard creation

Salary benchmarking

Cost analysis

Data validation

Tools

Power BI

Excel

HRMS

Job description

To support the Compensation & Benefits, HR Analytics and HR MIS function by managing compensation-related processes, salary review, variable pay, manpower cost analysis and HR reporting. The role will be responsible for ensuring accurate, timely and data-driven execution of C&B processes and providing analytical support to HR and business stakeholders.

Key Responsibilities

1. Compensation & Benefits

• Support the administration of the organization's compensation and benefits programs in line with established policies and guidelines.
• Conduct salary benchmarking and compensation analysis to support C&B decisions.
• Support the annual salary review/increment process, including data preparation, simulations, cost analysis and implementation.
• Maintain and update salary structures, grades, bands and compensation-related databases.
• Support administration of variable pay and incentive programs, including eligibility assessment, calculations, simulations and payout processing.
• Prepare compensation analysis for new hires, promotions, transfers, revisions and other employee movements.
• Support administration and analysis of employee benefits including PF, gratuity, insurance, company car, flexi benefits and other benefits.
• Prepare periodic compensation and benefits reports for management review.

2. HR Analytics & Data Management

• Prepare and maintain HR MIS, dashboards and reports for HR and business stakeholders.
• Analyze HR data relating to:
• Headcount
• Manpower cost
• Compensation
• Performance
• Employee movements
• Provide data and analysis to support HR decision-making and management reviews.
• Ensure accuracy and consistency of HR data through appropriate validation and reconciliation checks.
• Develop and maintain standardized HR reports and dashboards using Advanced Excel and, where applicable, Power BI.

3. Manpower Cost & Budgeting

• Support preparation of the annual manpower and compensation budget.
• Prepare manpower cost projections based on approved manpower plans and compensation assumptions.
• Conduct actual versus budget analysis and highlight significant variances.
• Prepare cost simulations for salary revisions, new positions, promotions, restructuring and other compensation changes.
• Support HR in analysing the financial impact of manpower and compensation decisions.

4. Payroll & C&B Governance

• Coordinate with Payroll to ensure accurate processing of salary, incentives, benefits and other compensation-related inputs.
• Validate payroll inputs relating to compensation changes, employee movements and benefits.
• Coordinate with Finance, Payroll and HR Operations for reconciliation and resolution of payroll/C&B-related issues.
• Maintain appropriate documentation and controls for compensation-related processes.
• Support implementation of changes arising from labour laws, statutory requirements and taxation impacting compensation and benefits.

5. HR Systems & Digitalization

• Ensure C&B data in HRMS is up to date and accurate.
• Support HRMS enhancements and implementation of compensation-related processes.
• Identify opportunities for automation and simplification of HR reports and C&B processes.
• Develop and maintain Excel-based tools, trackers and dashboards for C&B and HR analytics.

6. Policies & Process Improvement

• Support implementation and administration of C&B policies, guidelines and processes.
• Ensure adherence to approved C&B policies and processes.
• Identify opportunities for process improvement, standardization and automation.
• Support the Head Performance & Rewards in developing and implementing new reward and benefits initiatives.