C&B Manager
Lodha · Mumbai · onsite · Posted 1d ago
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
About Lodha

Lodha
Real Estate
4.7k+
employees
1980
46 years old
Mumbai, Maharashtra
India
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