Senior Lead - Compensation and Benefits

Infosys Limited; Bengaluru; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Infosys BPM Limited seeks a Senior Lead - Compensation and Benefits to lead the design and administration of compensation programs across the organization. The role focuses on strategy, governance, and continuous process improvement, with extensive collaboration with business and finance partners.

The candidate will oversee benchmarking, market pricing, and annual cycles for salaries, incentives, and benefits, ensuring pay equity and compliance with regulations.

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.

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 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.
• Manage compensation plans, policies, and related documentation.
• Ensure accurate and timely calculation of incentives, bonuses, and commissions.
• 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.
• Develop, review, and maintain compensation policies and guidelines.
• 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.

Skills

Compensation design

Benchmarking

Salary surveys

Incentive programs

Annual compensation cycles

Analytical skills

Stakeholder management

Communication & presentation

HR systems

Education

BBA

Job description

BANGALORE, Infosys BPM Limited Senior Lead - Compensation and Benefits

Job ID/Reference Code PROGEN-EXTERNAL-255046

Work Experience 8 - 12 Years

Job Title Senior Lead - Compensation and Benefits

Educational Requirements BBA

Service Line Human Resource Department

Responsibilities Compensation Strategy & DesignDevelop 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 AdministrationManage 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 & AnalysisLead 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 & GovernanceDevelop, 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 ExcellenceDrive 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 ManagementCollaborate 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 & AnalyticsDevelop 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 AlignmentSupport alignment of compensation practices across geographies where applicable.Ensure local compensation practices are aligned with global frameworks and standards.

Additional Responsibilities: Preferred AttributesExperience 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.

Technical and Professional Requirements: Required Skills & Qualifications9+ 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.