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Compensation Benefits Specialist

BCE GLOBAL TECHNOLOGY CENTRE PRIVATE LIMITED
Posted on

Experience
3 - 5 yrs
Job Location
Bengaluru, India
Vacancy
1
Designation
Compensation and Benefits Specialist
Job Type
Not specified

Job Description

Compensation Benefits Specialist supports:
  • Execution and administration of compensation and benefits programs in alignment with internal policies, market benchmarks and regulatory requirements.
  • On ensuring accurate implementation, data integrity and timely support for compensation and benefits processes while partnering with relevant stakeholders.
  • Strategic execution, requiring deep expertise in compensation design, benefits governance, policy formulation, analytics and stakeholder influence.
Compensation:
  • Manage annual compensation cycles, including merit increases, promotions, corrections and incentive payouts
  • Conduct job evaluations and market benchmarking using internal frameworks and external compensation surveys
  • Design, implement and maintain salary ranges and compa-ratio frameworks
  • Analyze internal pay positioning to identify gaps, risks and required corrective actions
  • Prepare detailed compensation analyses, insights and presentations for senior leadership
  • Ensure compensation practices are competitive, equitable and aligned with business strategy
  • Own operational execution within HRIS, including data updates, validations, reporting and audit readiness
  • Manage end-to-end benefits programs, including health insurance, wellness initiatives, statutory and voluntary benefits
  • Evaluate and enhance benefits offerings to improve employee experience and retention, while effectively managing costs
  • Manage benefits vendors, including selection, renewals, new contracts and service-level agreements (SLAs)
  • Track benefits utilization, coverage and effectiveness to support continuous improvement
  • Drive benefits communication and employee awareness initiatives
Analytics Governance
  • Develop and maintain compensation and benefits dashboards and management reports
  • Ensure data accuracy, documentation, controls and audit readiness
  • Ensure compliance with statutory, regulatory and internal CB policies
  • Monitor regulatory changes and assess their impact on compensation and benefits programs
  • Prepare detailed project plan for all CB activities
Stakeholder Management
  • Partner with the Canada CB team to align compensation and benefits practices
  • Partner with HR Business Partners (HRBPs) to support business-aligned compensation decisions
  • Support the hiring team by providing compensation guidance, pay parity checks and market based insights to ensure competitive and equitable offers
  • Manage external stakeholders, including vendors and service providers, to ensure seamless execution of CB programs
  • Collaborate closely with Finance on budgeting, forecasting and workforce cost impact analysis
  • Support leadership reviews and decision-making through data-driven insights
Technical Expertise
  • Strong understanding of compensation structuring and benchmarking concepts (pay ranges, percentiles, compa ratios)
  • Experience in variable pay and incentive design
  • Benefits management and vendor governance
  • HR analytics and rewards dashboards
  • Advanced Excel skills with strong analytical ability and attention to detail
Qualifications Experience
  • MBA / bachelors degree in finance or related field
  • Must have 810 years of relevant experience in Compensation Benefits
  • Hands on experience in compensation benchmarking, salary structures and market analysis
  • Strong experience in data-driven compensation decision-making
  • Working knowledge of benefits administration and vendor management
  • Experience within mid-to-large organizations, preferably multinational or high-growth environments
  • Proven ability to work effectively with senior leaders and complex stakeholder groups
Disclaimer : This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

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