Lead - Compensation and Benefits

Infosys BPM; Bengaluru; On-site; INR 1,800,000 - 2,500,000; Full time

Job summary

Infosys BPM is seeking a seasoned Compensation & Benefits professional to join our HR team as an Associate Lead/Lead C&B. The role focuses on designing, managing, and enhancing compensation programs to support business objectives and drive employee engagement.

The candidate will lead market pricing, salary structures, incentive plans, and governance, collaborating with stakeholders across functions while ensuring compliance and pay equity.

Qualifications

• 9+ years of experience in Compensation & Benefits, Rewards, or Total Rewards.
• Strong understanding of compensation design, benchmarking, salary surveys, and incentive programs.
• Experience managing annual compensation review cycles.
• Excellent analytical, problem-solving, and stakeholder management skills.
• Strong communication and presentation abilities.
• Proficiency in compensation reporting, analytics, and HR systems.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Develop and implement compensation strategies aligned with organizational goals.
• Design and manage salary structures, incentive plans, and employee benefits programs.
• Conduct job evaluations and market pricing to ensure competitive compensation.
• Lead salary benchmarking and market analyses.
• Drive annual compensation cycles including salary reviews and bonuses.
• Collaborate with HR partners on promotion and compensation decisions.
• Ensure compliance with labor laws and audits related to compensation.

Skills

C&B design

Stakeholder mgmt

Analytics

Communication

HR systems

Salary benchmarking

Sales comp exp

Presentation

Independent work

Education

Bachelor of Business Studies

Tools

HRIS

Payroll systems

Job description

Job Description

We are looking for a seasoned Compensation & Benefits professional to join our HR team as an Associate Lead/Lead C&B. The role will be responsible for designing, managing, and enhancing compensation programs that support business objectives, drive employee engagement, and ensure market competitiveness. This position requires strong stakeholder management, analytical capabilities, and expertise in compensation strategy, governance, and execution.

Roles & Responsibilities

Compensation Strategy & Design

• Develop and implement compensation strategies aligned with organizational goals.
• Design and manage salary structures, incentive plans, and employee benefits programs.
• Conduct job evaluations and market pricing exercises to ensure competitive compensation.
• Provide recommendations for continuous improvement of compensation processes and programs.
• Design and oversee sales compensation plans in partnership with business and finance stakeholders.
• Benchmark compensation structures against industry standards and best practices.

Compensation Program Administration

• Manage compensation plans, policies, and related documentation.
• Ensure accurate and timely calculation of incentives, bonuses, and commissions.
• Handle compensation-related exceptions, escalations, and queries.

Market Benchmarking & Analysis

• Lead compensation benchmarking and salary survey initiatives.
• Analyze market trends and provide actionable insights to leadership teams.
• Ensure internal pay equity and external market competitiveness.

Policy Development & Governance

• Develop, review, and maintain compensation policies and guidelines.
• Ensure compliance with applicable labor laws, tax regulations, and organizational controls.
• Support internal and external audits related to compensation practices.

Operational Excellence

• Drive annual compensation cycles, including salary reviews, merit increases, and bonus processes.
• Partner with HR Business Partners and business leaders on promotion and compensation decisions.
• Manage compensation systems, tools, and related data processes.

Stakeholder Management

• Collaborate with business leaders and key stakeholders on compensation decisions and programs.
• Educate managers and employees on compensation philosophy, policies, and practices.
• Support compensation requirements during organizational change initiatives, including restructuring and M&A activities.

Reporting & Analytics

• Develop and maintain compensation reports, dashboards, and metrics.
• Monitor pay equity, gender pay gap, and other DE&I-related compensation metrics.
• Conduct budget forecasting and cost impact analysis for compensation changes and programs.

Global & Regional Alignment

• Support alignment of compensation practices across geographies where applicable.
• Ensure local compensation practices are aligned with global frameworks and standards.

Technical Requirement

Required Skills & Qualifications

• 9+ years of experience in Compensation & Benefits, Rewards, or Total Rewards.
• Strong understanding of compensation design, benchmarking, salary surveys, and incentive programs.
• Experience managing annual compensation review cycles.
• Excellent analytical, problem-solving, and stakeholder management skills.
• Strong communication and presentation abilities.
• Proficiency in compensation reporting, analytics, and HR systems.
• Ability to work independently in a fast-paced environment.

Preferred Attributes

• Experience working with large organizations and complex compensation structures.
• Exposure to sales compensation programs and global compensation frameworks.
• Strong business acumen with a data-driven approach to decision-making.

Educational Requirement

• Bachelor of Business Studies

Preferred Skills

• HRD->HRD - Others

Service Line

Human Resource Department