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Compensation And Benefits Specialist

Zensar
Posted on
Zensar logo

Experience
5 - 10 yrs
Job Location
Pune, India
Vacancy
1
Designation
Compensation and Benefits Specialist
Job Type
Not specified

Job Description

Greetings from Zensar Technologies!!!


We are looking for a dynamic and analytical Total Rewards Specialist to join our core Total Rewards team.

This role will partner closely with senior leadership and key stakeholders to drive initiatives across Compensation, Sales Incentives, Executive Performance Management, Employee Wellness, and Rewards Analytics.


The ideal candidate will have strong expertise in compensation and rewards programs, excellent analytical capabilities, and the ability to influence stakeholders while ensuring reward practices align with business objectives and employee experience.



Key Responsibilities


Compensation

  • Support and manage annual compensation review cycles, salary revisions, promotions, and benchmarking activities.
  • Conduct market pricing, salary structure reviews, and compensation analyses.
  • Provide compensation recommendations to support hiring, retention, and internal equity decisions.
  • Ensure compliance with compensation governance frameworks and policies.

Sales Incentives

  • Design, implement, and administer sales incentive plans.
  • Partner with business leaders to drive incentive effectiveness and alignment with organizational goals.
  • Manage incentive governance, policy interpretation, and exception handling.
  • Analyze incentive program effectiveness and recommend improvements.

Executive Performance Management

  • Support performance management processes for leadership populations.
  • Ensure governance, consistency, and timely execution of executive performance cycles.
  • Partner with HR and business leaders on performance-related reviews and decisions.

Employee Wellness

  • Manage wellness and benefits programs, including vendor coordination and administration.
  • Drive awareness and adoption of employee wellness initiatives.
  • Evaluate and implement new wellness programs to enhance employee value and engagement.

Analytics & Reporting

  • Develop dashboards, reports, and analytics related to compensation, incentives, and benefits.
  • Analyze trends and provide actionable insights to leadership.
  • Improve reporting efficiency and ensure data accuracy.
  • Support strategic decision-making through meaningful reward analytics.

Required Skills & Experience

  • 5-12 years of experience in Compensation & Benefits, Total Rewards, Rewards Analytics, or related HR functions.
  • Strong understanding of compensation benchmarking, salary structures, annual compensation cycles, and reward governance.
  • Experience managing incentive plans, variable pay programs, or sales compensation frameworks.
  • Strong analytical and problem-solving skills with advanced Excel and reporting capabilities.
  • Experience with HR systems such as Workday, SuccessFactors, Oracle HCM, SAP, etc.
  • Ability to interpret complex reward scenarios and provide practical solutions.
  • Excellent stakeholder management and communication skills.
  • Experience collaborating with HR, Payroll, Finance, Taxation, and Business Leaders.

Preferred Qualifications

  • MBA/PGDM in HR, Finance, or related field.
  • Experience in a Global Total Rewards or Compensation COE environment.
  • Exposure to executive compensation and performance management programs.
  • Experience with Power BI or HR Analytics tools is an advantage.

Competencies

  • Strategic Thinking
  • Business Acumen
  • Stakeholder Management
  • Analytical Orientation
  • Problem Solving
  • Collaboration & Influencing
  • Attention to Detail
  • Execution Excellence