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    Job · 22385607

    Lodha logo

    C&B Manager

    Lodha · Mumbai · onsite · Posted 1d ago

    Undisclosed4–7 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    In this role of C&B Specialist, you will have 5 key focus areas Annual Compensation Review, HR Analytics, Compliance, Governance & Controls, Process Excellence & Employee Experience and Stakeholder & External Coordination. The incumbent shall be responsible for supporting the Compensation Lead in preparation, planning and administration of the compensation and benefits system in the organization. The role will leverage market insights and data-driven analytics to support competitive and equitable compensation practices, ensure effective benefits and payroll governance, and drive continuous improvement in C&B processes and employee experience.The role will work closely with HR, Finance, Payroll and external partners to ensure accurate, compliant and timely delivery of compensation and benefits processes while supporting business and workforce cost objectives.



    Roles & Responsibilities


    1) Annual Compensation Review

    • Manage the annual compensation review, increment, bonus and variable pay cycles, including CTC structuring, benchmarking, calibration support and letter generation.
    • Analyse external compensation survey data and internal pay trends to support market-aligned and internally equitable compensation decisions.
    • Maintain accurate compensation data across HRMS and payroll systems and ensure timely coordination with Payroll.

    2) HR Analytics

    • Prepare and maintain C&B dashboards, reports and analytics covering compensation, benefits, increments, variable pay and workforce costs.
    • Analyse survey insights across increments, performance ratings, sector, geography, functions and employee levels to support compensation policies and decisions.
    • Provide data-driven insights for compensation budgeting, cost optimization and workforce cost planning.

    3) Compliance, Governance & Controls

    • Ensure statutory compliance related to PF, ESIC, LWF, PT, payroll and applicable labour laws.
    • Manage audits, internal controls and compliance documentation, ensuring accuracy, confidentiality and audit readiness.
    • Support governance of compensation, incentive and benefits processes and ensure adherence to defined policies and controls

    4) Process Excellence & Employee Experience

    • Develop and manage extensive employee communications related to compensation, benefits and annual review processes.
    • Drive process automation, digitisation and continuous improvement across C&B processes.
    • Ensure timely resolution of employee queries related to compensation, benefits and payroll.

    5) Stakeholder & External Coordination

    • Partner with HR, Finance, Payroll and other stakeholders for monthly and annual compensation and benefits processes.
    • Contribute to external compensation surveys and consulting studies and translate market insights into relevant internal recommendations.
    • Act as a C&B subject matter resource for HR stakeholders on compensation and benefits-related matters.
    • Maintain continuous support to TA by frequently revising and making available rules regarding offers across bands including changes in the compensation format to ensure complete transparency in our compensation break-up to all potential new recruits

    Perks and benefits

    • Excellent analytical skills, C&B Expertise, Communication Skill, Attention to Detail
    • 4-7 years of relevant Work Experience, should have experience of working and delivering compensation processes

    Educational Qualification: Post Graduate in Management





    Sourced from naukri

    Skills

    Salary BenchmarkingPMSexcel macrosCompensation And BenefitsIncentives

    About Lodha

    Lodha logo

    Lodha

    Real Estate

    4.7k+

    employees

    1980

    46 years old

    Mumbai, Maharashtra

    India

    About

    Lodha crafts both residential and commercial real estate developments, catering to a discerning spectrum of lifestyle preferences, across several geographies.

    Industries

    Real EstateArchitecture & Interior DesignEngineering & Construction

    Employee ratings

    2,309 reviews

    4.2/ 5

    Culture

    4.1

    Career growth

    3.7

    Work-life

    4.1

    Employees rate it well for

    Salary235Work Life Balance217Work Culture181Senior Management180Learning147

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