Sr. Compensation Analyst

Saviynt

Bengaluru

Hybrid

INR 900,000 - 1,500,000

Full time

3 days ago
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Job summary

Saviynt in Bengaluru seeks an experienced Compensation Analyst to lead the pre-cycle data readiness, validate compensation changes, and coordinate annual cycles with HRIS, Payroll, and Finance. You will support salary benchmarking, survey submissions, and post-cycle audits.

The ideal candidate has 6–9 years in compensation analysis, strong Excel skills, and familiarity with Radford/Mercer survey data, ensuring data quality and timely partnerships with stakeholders.

Qualifications

  • Bachelor's degree in HR, Business, Finance or related field.
  • 6–9 years in compensation analysis, HR analytics, or total rewards operations.
  • Experience with compensation data audits, reconciliations, and data validation across HRIS and payroll.
  • Familiarity with salary benchmarking, annual compensation cycles, and market data sources (Radford, Mercer).
  • Proficiency in MS Excel and large data set handling; knowledge of compensation tools.

Responsibilities

  • Lead pre-cycle compensation data readiness and validation across HRIS, Payroll, and Finance.
  • Own annual compensation cycle execution including merit, bonus, and equity data preparation.
  • Maintain accurate compensation data, including market benchmarks and audits.
  • Coordinate compensation surveys submissions with vendors and stakeholders.
  • Prepare benchmarking analyses and market positioning summaries.

Skills

Excel
Data analysis
HR analytics
Total rewards
Stakeholder communication
Attention to detail
Regulatory knowledge

Education

Bachelor's degree in HR/Business/Finance

Tools

HRIS
Radford
Mercer

Job description

Role & responsibilities
  • Lead pre-cycle compensation data readiness activities, including data validation, issue resolution, and coordination with HRIS, Payroll, and Finance prior to annual planning cycles.
  • Own day-to-day execution of the annual compensation cycle, including merit increases, bonus planning support, equity data preparation, and validation of compensation changes.
  • Maintain accurate and up-to-date compensation data within the HRIS, including salary updates, job level changes, market benchmarks, and audit checks
  • Coordinate and manage annual and ad-hoc compensation survey submissions (e.g., Radford, Mercer), ensuring data accuracy, completeness, and adherence to submission timelines, and coordination with vendors and internal stakeholders
  • Prepare salary benchmarking analyses by consolidating external survey data, running internal comparisons, and drafting market positioning summaries for review within defined guidelines
  • Perform compensation reconciliations and audit checks to ensure approved changes are accurately reflected across HRIS, payroll, and reporting outputs.
  • Support compensation-related inquiries by assisting with data analysis and implementation of approved changes from HR Business Partners, Talent Acquisition, Finance, and business stakeholders with accurate data and timely turnaround.
  • Partner with Talent Acquisition by providing compensation inputs for offers, leveling guidance, and market positioning support.
  • Support compensation-related compliance requirements by assisting with data analysis, impact assessments, and execution of changes arising from statutory, regulatory, or audit needs.
  • Maintain clear documentation of compensation processes, assumptions, and data sources to support consistency, audit readiness, and knowledge transfer.
  • Identify compensation data issues or out-of-policy scenarios and escalation with clear analysis and recommended next steps.
  • Support testing, validation, and ongoing optimization of compensation-related tools, templates, and system workflows.
  • Support off-cycle compensation requests, adjustments, and special analyses in alignment with established guidelines.
  • Participate in compensation-related projects and initiatives as assigned, supporting broader Total Rewards objectives
Preferred candidate profile

Bachelors degree in Human Resources, Business Administration, Finance, or a related field.

  • 6-9 years of experience in compensation analysis, HR analytics, or total rewards operations.
  • Working knowledge of compensation practices, salary benchmarking, and annual compensation cycle
  • Demonstrated experience supporting end-to-end annual compensation cycles, including pre-cycle data readiness, validation, and post-cycle audits.
  • Experience performing compensation data audits, reconciliations, and quality checks to ensure accuracy across HRIS, payroll, and reporting outputs.
  • Experience identifying opportunities to improve compensation processes, documentation, or data flows to increase efficiency and reduce manual effort.
  • Strong proficiency in MS Excel and data analysis (including working with large datasets, lookups, validation, and analysis); experience working with HRIS and compensation tools
  • High attention to detail with the ability to manage and validate large data sets accurately.
  • Ability to manage multiple operational tasks and deadlines in a fast-paced environment.
  • Strong written and verbal communication skills, with the ability to explain compensation data clearly to stakeholders.
  • Working familiarity with compensation-related regulations in the U.S. and India.
  • Hands-on experience with compensation surveys such as Radford and Mercer, including data preparation, submission, and post-survey data review.
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