Compensation & Benefit Analyst

Black BoxIndiaOn-siteFull-timeMid level, 2–5 yearsListed 2 hours ago

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About this role

Compensation Benchmarking & Market Research

- Support salary benchmarking across different roles, functions, and geographies.
- Analyze external compensation surveys and market salary trends.
- Assist in developing and maintaining salary structures, pay ranges, and job grades.
- Conduct internal compensation comparisons to support pay equity and competitiveness.

2. Compensation Planning & Analytics

- Support annual salary review, merit increase, promotion, and compensation planning processes.
- Analyze employee compensation data to identify trends, gaps, and opportunities.
- Develop compensation reports, dashboards, and management presentations.
- Assist in evaluating the financial impact of proposed compensation changes.

3. Sales Incentive & Variable Pay Analysis

- Support the administration and analysis of sales incentive and performance-based compensation programs.
- Assist in calculating incentive payouts based on achievement against performance targets.
- Analyze incentive effectiveness, payout trends, and cost implications.
- Coordinate with Sales, Finance, and Payroll teams to validate incentive data.

4. Global Total Rewards Support

- Assist in compensation-related projects across multiple countries.
- Research global compensation practices, statutory requirements, and emerging reward trends.
- Support the evaluation of employee benefits and Total Rewards programs.
- Participate in projects focused on improving compensation processes and employee experience.

5. Data Analytics & Process Improvement

- Work with large datasets to identify compensation trends and provide actionable insights.
- Develop and maintain Excel-based models, reports, and dashboards.
- Support automation and standardization of compensation reporting.
- Assist in improving data accuracy, process efficiency, and documentation.