Compensation Manager

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.