Manager/Senior Manager - Compensation & Benefits

Key Responsibilities:

Compensation Strategy & Program Management:

- Design, implement and administer compensation frameworks including salary structures, incentives, allowances and align bonus programs.

- Support annual compensation cycles including merit reviews, promotions, market corrections and budgeting.

- Partner with Finance and HR teams to ensure cost-effectiveness and business alignment of compensation decisions.

- Conduct job evaluations, leveling and role benchmarking in line with market and internal equity.

Market Benchmarking & Analytics:

- Lead compensation benchmarking using industry surveys (e.g., Mercer, Aon, WTW or equivalent).

- Analyze market trends and provide insights to leadership on pay competitiveness and talent risks.

- Build compensation dashboards and analytics to support decision-making and governance.

Benefits & Wellbeing Programs:

- Oversee end-to-end benefits administration including insurance, retirement benefits, wellness programs and flexibility initiatives.

- Manage vendor relationships to ensure service quality, cost optimization, and employee satisfaction.

- Drive benefit communication and education to improve employee understanding and utilization.

Payroll Governance & Compliance:

- Partner with HR Operations and Payroll teams to ensure accurate and timely payroll delivery.

- Ensure adherence to statutory requirements including PF, ESI, Gratuity, Bonus, Income Tax and other local regulations.

- Support audits, statutory filings and inspections related to compensation and benefits.

Governance, Policy & Stakeholder Management:

- Act as a subject matter expert for rewards-related queries from employees, managers, and leadership.

- Partner with Staples Rewards COE to localize and implement global compensation initiatives.

Continuous Improvement & Transformation:

- Drive process improvements, automation and standardization in C&B processes.

- Support HRMS configuration related to compensation, benefits and payroll.

- Contribute to HR transformation projects and shared services maturity initiatives.

Key Skills & Competencies:

- Strong expertise in compensation design and benefits administration in India.

- Sound understanding of Indian statutory and tax regulations.

- Strong analytical and problem-solving skills with high attention to detail.

- Ability to influence stakeholders and present insights to senior leaders.

- Process-oriented mindset with experience in audits and governance.

- Comfortable operating in global, matrixed environments.