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Compensation & Benefits Lead

RiverForest ConnectionsMumbai, Bangalore
SENIOR_LEVELLead
👁️ 0 views📝 0 applicationsPosted 8/20/2026Expires 9/19/2026

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Job Description

Primary Accountabilities: - Monitor market trends, compensation and benefits practices, and industry benchmarks to ensure competitiveness. - Lead and oversee the design, development, and deployment of Compensation & Benefits (C&B) frameworks, programs, and initiatives across relevant geographies and business areas. - Review, streamline, and continuously improve C&B processes, policies, and systems to enhance effectiveness and efficiency. - Lead the team in the analysis, design, development, implementation, and deployment of C&B programs and initiatives. - Ensure zero-defect execution and high-quality delivery across C&B processes and programs. - Design and drive communication and change management initiatives in collaboration with HR stakeholders and business leaders. - Manage external vendors supporting C&B activities, including supplier and advisory/consulting relationships. - Ensure effective vendor governance, contract and agreement management, and adherence to agreed service levels. - Ensure timely and accurate vendor payment processing and resolution of related issues. - Ensure all C&B programs and processes comply with applicable statutory, regulatory, and organizational requirements. - Build and maintain strong relationships with key HR and business stakeholders to ensure alignment and effective delivery. Secondary Accountabilities: - Lead the team in developing C&B programs, governance frameworks, and operating mechanisms. - Oversee and support salary audits to ensure accuracy, consistency, and compliance. - Lead C&B support for special projects and strategic initiatives as required. - Review, consolidate, and analyze C&B reports and management information to support decision-making. Key Performance Indicators (KPIs): - Market competitiveness and industry alignment of C&B programs and practices. - Effective planning and implementation of compensation and benefits programs. - Successful delivery of special C&B projects and strategic initiatives. - Design and implementation of C&B programs at global, regional, and country levels, based on business requirements. - Effective co-creation and collaboration with HR and business stakeholders in program design and implementation. - Introduction of new C&B policies, processes, systems, and initiatives. - Continuous process and system enhancement, automation, and integration across the C&B function. - Effective supervision of C&B operations and periodic BAU activities. - Quality and timeliness of C&B MIS, analytics, and reporting. - Effective vendor and advisory partner management. - Strong C&B compliance and governance across regional, country, and global requirements. - Effective escalation management and stakeholder/customer experience.

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