Assistant Vice President - Compensation & Benefits - Global Capability Center

Description:

Experience: 10-14 years

About the Role:

We are seeking an experienced and strategic AVP - Compensation & Benefits (C&B) to oversee the design, implementation, and administration of all compensation and benefits programs for our rapidly growing Global Capability Center (GCC) in India.

You will be responsible for ensuring our C&B structure remains competitive, compliant, and aligned with our global talent attraction and retention goals.

Key Responsibilities:

C&B Strategy: Design, review, and roll out market-competitive compensation structures, including salary bands, variable pay, and long-term incentives, specific to the GCC's technical and functional roles.

Annual Cycles: Lead the annual compensation review, budgeting, and bonus/incentive payout cycles, ensuring fairness, equity, and alignment with performance management outcomes.

Benefits Management: Evaluate and manage all employee benefit programs (e.g., insurance, retirement plans, wellness initiatives), working with brokers and vendors to ensure cost-effectiveness and high employee value.

Benchmarking & Compliance: Participate in compensation surveys, conduct competitive market analyses, and ensure strict adherence to all statutory and regulatory requirements related to compensation and payroll.

HRIS Integration: Partner with HR Technology teams to optimize and automate C&B processes within the HRIS/SAP system for efficiency and accurate reporting.

Desired Candidate Profile:

Education: Full-time MBA/PGDM in HR from a top-tier institute (IIM/XLRI/TISS, etc.)

Experience: 10-14 years of dedicated experience in Compensation & Benefits, with a proven track record in a large-scale Global Capability Center (GCC), IT Services, or Captive unit.

Skills: Expertise in job evaluation methodologies, compensation benchmarking tools, and deep knowledge of Indian labor laws pertaining to C&B.

- Strong analytical skills, with advanced proficiency in MS Excel/Google Sheets