Compensation Benefits Specialist/Senior Analyst

Department Icon Human Resource (HR)/ Talent Acquisition
121+ Applicants
Posted: 1 week ago
3-5 years
Noida, Uttar Pradesh
work from office

Posted: 1 week ago
|
Applicants: 121+
Job Description
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Job Description

The Compensation Specialist / Senior Analyst will own the design, digitalisation and analytics of the organisations compensation and performance frameworks. The role anchors annual workforce and manpower cost planning, drives the end-to-end digital setup of compensation modules on Oracle (Fusion HCM), supports the performance management cycle, and builds workforce analytics that enable data-driven rewards and people decisions.

Key Responsibilities

Workforce Planning & Manpower Cost Management

  • Drive annual workforce planning and manpower budgeting in partnership with business HR and Finance — headcount, cost projections and position management.
  • Model manpower cost scenarios (increments, promotions, new hires, attrition backfills) and track budget vs. actuals through the year.
  • Support organisation design exercises with benchmarking of spans, layers and role-level costs.

Compensation Digitalisation — Oracle (Fusion HCM)

  • Lead the digital setup and configuration of compensation modules on Oracle — salary structures, grades and ranges, workforce compensation plans, and the annual increment / bonus worksheets.
  • Partner with HRIS / IT teams on requirement gathering, UAT, go-live and hypercare for compensation and performance workflows.
  • Maintain data integrity of compensation elements in the system; automate letters, statements and approval flows.
  • Continuously identify opportunities to simplify and digitise C&B processes, including AI-enabled insights and self-service dashboards.

Performance Management

  • Administer the performance management cycle — goal setting, check-ins, mid-year and annual reviews — on the digital platform.
  • Run calibration support, ratings analytics and pay-for-performance linkage (increment and bonus differentiation matrices).
  • Enable managers and employees on the performance and compensation tools through communication and training material.

Compensation Operations & Benchmarking

  • Execute the annual compensation review cycle — market benchmarking surveys, pay-range design, increment and bonus budgets, and offer fitments.
  • Ensure internal parity and compliance with statutory and governance requirements in all pay decisions.

Workforce Analytics & Reporting

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  • Build and publish dashboards on headcount, manpower cost, compa-ratio, pay equity, attrition and productivity metrics for leadership reviews.
  • Deliver ad-hoc analyses and board / CHRO-level presentations with clear, actionable insights.

Candidate Profile

  • 3–5 years of hands-on experience in compensation & benefits, rewards or HR analytics roles, preferably in a large, multi-business organisation.
  • Working experience of Oracle Fusion HCM (Workforce Compensation / Core HR / Performance modules) or a comparable HCM platform; exposure to module implementation is a strong advantage.
  • Advanced Excel and strong analytical modelling skills; familiarity with analytics tools preferred.
  • Sound understanding of performance management frameworks and pay-for-performance design.
  • High integrity and discretion in handling confidential data; strong stakeholder management and communication skills.
  • Structured problem-solver with attention to detail and the ability to manage cyclical peaks (increment cycle, budgeting, appraisals).

Skills

CompensationHr AnalyticsHr

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About Company

Havells India Ltd is a leading Fast Moving Electrical Goods (FMEG) company and a major power distribution equipment manufacturer with a strong global presence.

Important dates & deadlines?

Application Deadline

07 Nov 26, 05:24 PM IST

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Compensation Benefits Specialist/Senior Analyst

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