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.