Lead Compensation Consultant

Target; Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

A leading retail company in Bengaluru seeks a Lead Compensation Consultant to manage compensation programs and advocate for company-wide compensation philosophies. The ideal candidate has over 6 years of experience in compensation, strong analytical skills, and a Bachelor's Degree. This role requires effective relationship management and strategic decision-making abilities. Join a respected organization that values diversity and offers professional growth opportunities.

Qualifications

• 6+ years of Compensation experience.
• Ability to analyze data for decision-making.
• Results-oriented mindset with quick resolution skills.

Responsibilities

• Manage key compensation programs and processes.
• Advise on Target's compensation philosophy.
• Conduct market research for competitive pay plans.

Skills

Compensation experience

Analytical skills

Attention to detail

Strategic thinking

Relationship management

Education

Bachelor's Degree

Job description

Job Id: R0000378313

About us

As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America’s leading retailers. At Target, we have a timeless purpose and a proven strategy and that hasn’t happened by accident. Some of the best minds from diverse backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world‑class outcomes. That winning formula is especially apparent in Bengaluru, where Target in India operates as a fully integrated part of Target’s global team and has more than 4,000 team members supporting the company’s global strategy and operations.

Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values diverse backgrounds. We believe your unique perspective is important, and you’ll build relationships by being authentic and respectful. At Target, inclusion is part of the core value. We aim to create equitable experiences for all, regardless of their dimensions of difference. As an equal opportunity employer, Target provides diverse opportunities for everyone to grow and win.

A role with Pay and Benefits is all about the numbers. You’ll produce extensive benchmarking and complete rigorous market research and analysis to inform the right compensation mix for roles across the company. Your point of view will be directly applied; keeping Target competitive and standing out in the sea of other places candidates can choose to work. You’ll develop great relationships with our vendors to get the most out of our systems and resources. And you’ll help team members understand their compensation.

Responsibilities

As a Lead Compensation Consultant, you will manage key compensation programs and processes. You will own and manage key relationships with vendors, HR Center Of Excellence (“COE”) partners, HR Generalists, and business leaders. Other responsibilities include:

• Advise and support the overall Target compensation philosophy through process and project work
• Measure the effectiveness of programs to ensure organizational objectives are being met. Provide resulting recommendations to Compensation leadership to change or enhance programs
• Recommend new practices and policies to support goals, objectives and business strategies
• Partner with Finance, Legal and HR to ensure programs are compliant
• Lead market research/analysis to establish competitive pay plans/programs within our markets and ensure internal consistency. Recommend programs and systems that recognize and incent performance, as well as retain team members
• Manage participant communications and education materials
• Vendor management
• Manage or contribute to special projects as needed

Core responsibilities are described within this job description. Job duties may change at any time due to business needs.

About you

• Bachelors Degree or more from Accredited universities
• 6+ years of Compensation experience
• Strong attention to detail, along with being able to analyze data to make effective decisions
• Results oriented, being able to anticipate key issues and problems and come to resolution quickly
• Strategic thinker that can effectively present ideas to all levels of the organization
• Strong partnership and relationship skills

Life at Target

https://india.target.com/

Benefits

https://india.target.com/life-at-target/workplace/benefits

Culture

https://india.target.com/life-at-target/diversity-and-inclusion