Manager Compensation, Benefits & OD

Manager– Compensation, Benefits & OD | India

We are looking for an experienced Manager – Compensation, Benefits & Organization Development (OD) to support the design, implementation, and enhancement of compensation frameworks, reward programs, organization development initiatives, workforce planning, and job architecture.

The ideal candidate will have strong expertise in compensation & benefits, salary benchmarking, job evaluation, organization design, manpower planning, HR analytics, and reward strategy.

Key Responsibilities:

Compensation & Benefits

• Support the development and implementation of compensation and benefits frameworks.
• Conduct market benchmarking using salary surveys and external market data.
• Develop and maintain salary structures, grading frameworks, and pay scales.
• Support annual salary reviews, promotions, merit increases, and bonus cycles.
• Design and support Short-Term Incentive (STI), Long-Term Incentive (LTI), and variable pay programs.
• Conduct compensation analysis and ensure internal equity.

Organization Development & Design

• Support organizational restructuring and transformation initiatives.
• Conduct organization design reviews and recommend improvements.
• Develop organization structures, reporting lines, and workforce optimization solutions.
• Support change management initiatives.

Manpower Planning & Workforce Analytics

• Support annual manpower planning and budgeting activities.
• Analyse FTE, workforce productivity, staffing ratios, and manpower costs.
• Prepare workforce forecasts and optimization recommendations.

Job Architecture & Grading

• Maintain job families, career frameworks, and grading structures.
• Review and update job descriptions.
• Conduct job evaluations using Korn Ferry methodology.
• Ensure consistency of job grading across the organization.

HR Analytics & Reporting

• Develop compensation and workforce dashboards.
• Analyse reward trends, market data, and workforce insights.
• Prepare reports and recommendations for senior leadership.

Requirements:

Bachelor's degree in Human Resources, Business Administration, Finance, or related field.

MBA in HR preferred.

8–10 years of experience in Compensation & Benefits, Organization Development, and Workforce Planning.

Strong experience in salary benchmarking, pay structures, and reward strategy.

Experience with Korn Ferry job evaluation methodology preferred.

Knowledge of STI, LTI, variable pay, and incentive design.

Experience in organization design and manpower planning.

Strong analytical skills with advanced Excel and HR analytics experience.

Experience with Power BI and HRIS/HCM systems is preferred.

Location: India