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Clix Capital Services in India seeks an experienced Compensation Leader to design competitive salary structures, incentive programs, and benefits administration. The role requires aligning pay with market standards and regulatory requirements.
You will collaborate with senior management, finance, and external consultants to drive policy development, governance, and analytics, and manage ESOPs and long-term incentive planning. The position is on-site in Gurugram.
1. Compensation Strategy & Design
Develop and implement competitive salary structures, incentive programs, and performance-based rewards.
Conduct benchmarking analysis to align pay structures with market standards.
Ensure compliance with regulatory requirements (e.g., RBI, labor laws).
2. Incentive & Variable Pay Programs
Design sales and performance incentive plans for employees, especially in revenue-generating roles.
Define key performance indicators (KPIs) to ensure business-driven incentives. Monitor and refine incentive structures based on business outcomes.
3. Employee Benefits & Perks
Oversee the administration of employee benefits such as health insurance, retirement plans, and wellness programs.
Recommend enhancements to benefits packages to improve employee satisfaction.
Executive Compensation along with Long Term Incentive and Compensation planning and management including ESOP management
4. Recognition Programs Develop and manage employee recognition frameworks (monetary and non-monetary).
Implement reward programs that boost engagement and retention.
5. Compliance & Governance
Ensure all compensation practices align with legal and regulatory guidelines.
Work with internal audit teams to mitigate risks related to payroll, taxation, and benefits.
6. HR Analytics & Budgeting
Utilize HR analytics to track the effectiveness of compensation strategies.
Forecast and manage budgets related to rewards and benefits.
Headcount/Manpower planning along with CnB Budgeting and Tracking
7. Stakeholder Collaboration
Work closely with senior management, finance, and HR teams to align rewards with business strategy. Partner with external consultants and vendors for compensation surveys and benefits administration.
- Expertise in compensation structuring, benefits administration, and regulatory compliance.
- Strong analytical skills for benchmarking and incentive planning.
- Ability to develop policies that drive employee motivation and performance.
- Stakeholder management and negotiation skills.