Practice Lead - Compensation & Benefits

About the Role:

We are seeking an experienced and dynamic professional to lead our Compensation & Benefits (C&B) practice. This role involves designing and implementing innovative compensation strategies, driving global digitization initiatives, and partnering with leadership to shape policies that align with organizational goals.

What We Are Looking For:

• MBA from a top B-School (preferred).
• 8–10 years of relevant experience in Compensation & Benefits and Analytics.
• Strong analytical and quantitative skills with the ability to manage complex data and scenarios.
• Proven ability to operate independently and lead teams effectively.
• Experience in engaging multiple internal and external stakeholders to achieve shared objectives.
• Background in analytics from consulting will be an added advantage.

Key Responsibilities:

• Design and implement compensation models, allowances, salary ranges, and incentive programs (short-term and long-term).
• Formulate policies across group entities and ensure alignment with organizational performance.
• Drive digitization for Compensation & Benefits globally to enhance program efficiency and implementation.
• Benchmark reward programs using market intelligence and recommend improvements.
• Conduct financial impact analysis and scenario-building for compensation strategies.
• Engage with stakeholders to gather feedback and optimize program design.
• Independently resolve escalated compensation issues and provide optimal solutions for complex cases.
• Develop and report metrics to measure the effectiveness of compensation programs and processes.

Skills Required:

• Compensation Structure
• Compensation Design
• Compensation Modelling
• Bonus Plan Development
• Structuring Hiring Grids
• Compensation Budgeting
• Benefits Design