Lead - Compensation & Benefits - BFSI - IIM/XLRI/SCMHRD/TISS

Job Description:

Responsibility:

- Compensation Planning & Cycles

- Lead annual increment, bonus, promotion, and mid year correction cycles.

- Own budgeting, cost modelling, and payout simulations for leadership reviews.

- Manage sales incentive and variable pay frameworks.

- Benchmarking & Market Insights

- Lead participation in banking-sector surveys (Aon, Mercer, WTW).

- Conduct benchmarking for niche roles (Risk, Credit, Treasury, Analytics, IT).

- Recommend market-driven interventions for critical/hard-to-hire roles.

Candidate Profile:

- 11+ years of HR experience with strong expertise in Compensation & Benefits.

- Tier 1 college preferred; experience in BFSI/top corporates strongly valued.

- Excellent analytics, stakeholder management, and governance orientation.

- Strong understanding of compensation cycles, benchmarking, and modelling.