Infosys BPM is hiring for Compensation & Benefits Total Rewards - Bangalore

Infosys BPM; Bengaluru; Hybrid; INR 800,000 - 1,200,000; Full time

Job summary

A leading technology services company is hiring for a Compensation & Benefits role in Bengaluru. This position requires 5-9 years of experience in HR, specifically in compensation strategy development and benefits management. The candidate should hold an MBA in HR or finance and be well-versed in compliance regulations. This hybrid role encourages collaboration with various stakeholders and involves overseeing annual compensation cycles, conducting market analysis, and generating reports for leadership. Interested candidates can apply by sending their resume to the provided email.

Qualifications

• 5-9 years of experience in compensation and benefits management.
• Experience with designing compensation structures and incentive plans.
• Knowledge of labor laws and compliance regulations.

Responsibilities

• Develop and implement compensation strategies aligned with business goals.
• Design base pay structures and incentive plans.
• Conduct job evaluations to ensure competitive pay.
• Generate compensation reports and dashboards for leadership.

Skills

Compensation strategy development

Market pricing analysis

Stakeholder collaboration

Data analysis

Education

MBA in HR / finance

Job description

We are hiring for Compensation & Benefits Total Rewards skill Bangalore location.

Please find below Job Description for your reference:

• Qualification: MBA in HR / finance
• Experience: 5-9 Years
• Employment Type: Full Time
• Notice Period: Immediate joiners to 15 days
• Job Level :5A/B
• Shift: General
• WFO/ Hybrid: Hybrid (10 days in office per month)

JOB DESCRIPTION

• Develop and implement compensation strategies aligned with business goals.
• Design base pay structures, incentive plans, and other benefits.
• Conduct job evaluations and market pricing to ensure competitive pay.
• Share inputs based on learning from previous iterations to enhance the value add of the function`s processes to the organization.
• Develop and implement sales compensation plans that align with company objectives.
• Collaborate with sales leadership, finance, and other stakeholders to ensure plans drive desired behaviors.
• Benchmark compensation structures against industry standards.
• Maintain and update compensation plans, policies, and documentation.
• Ensure accurate and timely calculation of commissions, bonuses, and incentives.
• Manage exceptions, disputes, and escalations related to compensation.
• Lead salary surveys and benchmarking studies.
• Analyze compensation trends and provide insights to leadership.
• Maintain internal equity and external competitiveness.

Policy Development & Governance

• Create and maintain compensation policies and guidelines.
• Ensure compliance with labor laws, tax regulations, and internal controls.

Operational Execution/Program Deployment

• Oversee annual compensation cycles (e.g., merit increases, bonus payouts, Other compensation programs).
• Partner with HRBPs and business leaders during salary reviews / promotions/Roll out of various compensation programs
• Manage compensation systems and tools as applicable.

Stakeholder Collaboration

• Work with business leaders and other stakeholders on compensation decisions.
• Educate managers and employees on compensation philosophy and practices.
• Support organizational change initiatives (e.g., M&A, restructuring).

Reporting & Analytics

• Generate compensation reports and dashboards for leadership.
• Monitor pay equity, gender pay gap, and other DEI metrics.
• Forecast compensation budgets and model cost impacts of plan changes.

Global & Regional Alignment (As applicable)

• Coordinate compensation practices across geographies.
• Ensure alignment with global frameworks while respecting local norms.

If interested, please share your resume with below details to [e-mail]