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Larsen & Toubro Limited

TM - HR Compensation & Benefits Specialist

Larsen & Toubro Limited
Chennai, India
8-15 Years
8 - 20 LPA
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Job Description

SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES

Compensation & Benefits

  • Administer compensation structures, salary reviews, and benefits programs in line with company policies.
  • Support annual compensation cycles (increments, promotions, bonus payouts) and ensure timely execution.
  • Maintain accurate employee compensation data in HR systems and generate MIS reports for management.
  • Assist in benchmarking exercisesand market surveys to ensure competitive pay practices.
  • Ensure compliance with labor laws, tax regulations, and statutory requirements related to compensation and benefits.
  • Handle employee queries related to payroll, benefits, and compensation policies.
  • Collaborate Finance teams for budgeting and cost analysis.
  • Support audits and internal reviews for compensation and benefits processes.

Performance Management System

  • Facilitate annual and mid-year performance review cycles in MyZone or relevant HR platforms.
  • .Ensure timely goal-setting and alignment between employees and managers.
  • .Maintain and update performance data, dashboards, and reports for leadership review.
  • .Provide support and training to managers and employees on PMS processes and tools.
  • .Collaborate with HRBPs to address performance-related queries and ensure process compliance.
  • .Assist in calibration exercises and normalization of ratings across teams.
  • .Generate analytics and insights to support talent decisions and organizational planning.
  • Ensure adherence to internal policies and statutory requirements related to performance management.

Nature of

Experience

  1. Hands-on experience to compensation and benefits administration, payroll processes, and compliance.
  2. Exposure to Performance Management Systems

SECTION VI: TECHNICAL & LEADERSHIP / BEHAVIORAL SKILLS REQUIRED TO EXECUTE THE ROLE

SKILLS

Technical Skills

  1. Knowledge of compensation structures and benefits programs
  2. Understanding of labor laws and statutory compliance
  3. Proficiency in MS Excel and HRMS tools (SAP/ Succesfactors preferred).

Leadership / Behavioural Skills

  1. Attention to detail
  2. Strong Analytical Skills
  3. Innovation
  4. Excellent Communication Skills

More Info

Job Type:
Permanent Job
Industry:
Construction & Engineering
Employment Type:
Full time

About Company

Larsen & Toubro Limited

Larsen & Toubro is a USD 17 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.
The Company is engaged in critical sectors - infrastructure, construction, defence, hydrocarbon, heavy engineering, aerospace, power (nuclear/ thermal/hydroelectric), electrical & automation, mining and metallurgy.

Over the last 8 decades, L&T has built a reputation for quality, reliability and strong customer orientation. The Company’s contribution to infrastructure, industry and society is widely recognised. It has been described in the media as ‘the builder of the India of the 21st Century’.

Integrated capabilities span the ‘design-to-deliver’ spectrum, enabling it to offer single-point solutions across industries. Design facilities and technology centres in India and the Middle East, are backed by manufacturing facilities in eight countries.

Global Presence¬

The L&T network of offices spans the globe. It engages with leading international companies as technology process licensors or consortium partners. The Company has established itself as a major player in the infrastructure sector in the Middle East, with the successful execution of a number of key projects. Its publicly-listed IT and technology service businesses have development and delivery centres in proximity to global clients. L&T’s products, including high-tech process plant equipment, have been installed in over 30 countries, including the US, UK and China.

Corporate Sustainability

L&T was the first engineering & construction company in India to report its sustainability performance. Annual Sustainability Reports highlight achievements across the traditional three ‘Ps’ of Planet, People and Profits. Every aspect of L&T’s operations is characterized by professionalism and high standards of corporate governance.

Awards and Accolades include:

• Iconic Brand of India Award – The Economic Times, 2017
• 7th Most Valuable Brand in India –Brand Finance, 2017
• Construction Company of the Decade Award – CNBC AWAAZ, 201
• India’s Top Ten Most Respected Companies - Businessworld, 2016
• Most Respected Company (in Infrastructure) – Businessworld, 2016
• Ranked 4th in global list of green companies (Industrial sector) - Newsweek
• Top 10 Best Companies to Work For - Business Today Survey

Job ID: 134007921

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Last Updated: 07-12-2025 07:47:05 AM
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