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arise iip

Compensation Benefits Specialist

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  • Posted 12 hours ago
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Job Description

Key Responsibilities

1. Compensation Cycle Execution

  • Execute annual and periodic compensation cycles including increments, bonuses, and incentives
  • Prepare, validate, and consolidate compensation proposals in line with approved budgets and guidelines
  • Ensure accuracy and consistency of payout calculations, approvals, and communication inputs
  • Track budget utilization and support governance during compensation reviews

2. Payroll Inputs & Coordination

  • Provide accurate and timely inputs to the payroll team for salary revisions, variable payouts, and other adjustments
  • Validate payroll outputs related to compensation changes to ensure accuracy
  • Coordinate with payroll and finance teams to resolve discrepancies in a timely manner

3. Performance Management System (PMS)

  • Manage end-to-end execution of the PMS cycle (goal setting, mid-year reviews, annual evaluations)
  • Ensure adherence to timelines, process governance, and system readiness
  • Coordinate with business teams to drive closure of performance discussions
  • Support calibration processes and ensure consistency in ratings across functions

4. Data Management & System Governance

  • Maintain and update employee CTC structures and compensation records in HR systems
  • Ensure data accuracy, integrity, and audit readiness across all compensation-related records
  • Drive system updates and enhancements related to PMS and compensation modules

5. Reporting & Analytics

  • Generate reports and dashboards on compensation trends, increments, and PMS outcomes
  • Support leadership with insights on compensation distribution, budget utilization, and performance linkage
  • Assist in audit requirements and data validations

What We Are Looking For

  • 5–8 years of experience in Compensation & Benefits / HR Operations
  • Strong hands-on experience in compensation cycle execution and PMS
  • Prior experience in consulting (HR consulting / rewards advisory / Big 4) will be preferred
  • Good understanding of salary structures, CTC components, and payroll processes
  • High attention to detail and strong data management skills
  • Proficiency in HRIS systems and MS Excel
  • Ability to work with multiple stakeholders and manage tight timelines
  • Strong ownership mindset with focus on accuracy and process discipline

More Info

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About Company

Job ID: 145454561

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