Manager, Compensation

Ventra Health; Chennai District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Ventra Health in Chennai, India, seeks a Manager, Compensation to own the full compensation portfolio for the India market. The role will govern offers, internal moves, annual salary reviews, and bonus cycles, while maintaining salary structures and ensuring compliance with local regulations.

The ideal candidate has 5–6 years of progressive compensation experience, robust Excel skills, and experience with job evaluation methods and HRIS tools.

Qualifications

• Bachelor's degree in HR, Psychology, Business Administration, Finance or related field.
• 5-6 years of progressive experience in compensation management or total rewards.
• Experience with job evaluation/grading methodologies (e.g., Mercer IPE, Korn Ferry/Hay, Willis Towers Watson, or similar).
• Working knowledge of statutory compliance requirements for India / US / Philippines as they relate to compensation.
• Experience in using HRIS and/or compensation planning tools preferred.
• Experience with compensation survey platforms (Mercer, WTW, Aon, Radford, etc.) preferred.
• Advanced Excel skills required.

Responsibilities

• Review and approve compensation for new hire offers and internal movements, ensuring alignment with salary structures, internal equity, and budget guidelines.
• Administer the annual salary review cycle, including data preparation, modeling, guideline development, manager enablement, and post-cycle audits.
• Administer the annual bonus/incentive cycle, including calculation methodology, eligibility checks, payout modeling, and reconciliation with Finance and Payroll.
• Manage incentive plan administration for applicable colleagues, ensuring accuracy and timely payout in coordination with relevant stakeholders.
• Own job evaluation and grading for new and existing job descriptions, applying job evaluation methodology consistently across the organization.
• Maintain and periodically update salary structures/pay bands based on market benchmarking and internal equity analysis.
• Monitor and ensure compliance with applicable labor laws and statutory requirements relating to compensation (e.g., minimum wage rules, bonus act provisions, gratuity, PF, tax as relevant to comp design).
• Partner with the Payroll team to ensure accurate translation of compensation decisions into payroll processing, resolving discrepancies as needed.
• Support internal audits and statutory/regulatory reporting requirements related to compensation.
• Prepare compensation analyses, reports, and dashboards for HR and business leadership as needed.
• Respond to compensation‑related queries from HRBPs, managers, and employees, providing guidance grounded in policy and market data.
• Support ad hoc compensation projects (e.g., market benchmarking studies, pay equity analysis, new market entry pay structures) as assigned.

Skills

Compensation management

Total rewards

Salary review cycles

Job evaluation

Statutory compliance

Payroll liaison

Advanced Excel

Forecasting

Market benchmarking

Analytical thinking

Education

Bachelor's degree in HR, Psychology, Business Administration, Finance

Tools

HRIS

Compensation planning tools

Mercer/WTW/Aon benchmarking platforms

Job description

Overview

• The Manager, Compensation is responsible for the day-to-day governance and administration of compensation programs for Ventra, ensuring pay decisions are consistent, competitive, and compliant with local regulations. This role manages offer and internal movement approvals, supports the annual salary review and bonus cycles, maintains job grading and salary structures, and partners closely with Business Partners, Talent Acquisition, Payroll and other HR stakeholders to ensure accurate and timely execution of compensation processes. This is a hands-on role suited for a compensation professional with solid technical grounding who is ready to own a full-cycle compensation portfolio for the India market.

Responsibilities

• Review and approve compensation for new hire offers and internal movements (promotions, transfers, lateral moves), ensuring alignment with salary structures, internal equity, and budget guidelines.
• Administer the annual salary review cycle, including data preparation, modeling, guideline development, manager enablement, and post-cycle audits.
• Administer the annual bonus/incentive cycle, including calculation methodology, eligibility checks, payout modeling, and reconciliation with Finance and Payroll.
• Manage incentive plan administration for applicable colleagues, ensuring accuracy and timely payout in coordination with relevant stakeholders.
• Own job evaluation and grading for new and existing job descriptions, applying job evaluation methodology consistently across the organization.
• Maintain and periodically update salary structures/pay bands based on market benchmarking and internal equity analysis.
• Monitor and ensure compliance with applicable labor laws and statutory requirements relating to compensation (e.g., minimum wage rules, bonus act provisions, gratuity, PF, tax as relevant to comp design).
• Partner with the Payroll team to ensure accurate translation of compensation decisions into payroll processing, resolving discrepancies as needed.
• Support internal audits and statutory/regulatory reporting requirements related to compensation.
• Prepare compensation analyses, reports, and dashboards for HR and business leadership as needed.
• Respond to compensation‑related queries from HRBPs, managers, and employees, providing guidance grounded in policy and market data.
• Support ad hoc compensation projects (e.g., market benchmarking studies, pay equity analysis, new market entry pay structures) as assigned.

Qualifications

• Bachelor's degree in Human Resources,Psychology,Business Administration, Finance, or a related fieldrequired;

• 5-6 years of progressive experience in compensation management or total rewards, ideally within a multinational, shared services, or matrixed organization.

• Demonstrated experience managing salary review and bonus cycles end-to-end.

• Experience with job evaluation/grading methodologies (e.g., Mercer IPE, Korn Ferry/Hay, Willis Towers Watson, or similar).

• Working knowledge of statutory compliance requirements for India / US / Philippines as they relate to compensation.

• Experience in using HRIS and/or compensation planning tools preferred.

• Experience with compensation survey platforms (Mercer, WTW, Aon, Radford, etc.) preferred.

• Advanced Excel skills required.