Compensation Analyst

Essential Job Duties:

• Assist in benchmarking and analyzing compensation data using salary survey.
• Developing salary bands, pay grades, and job architectures to ensure fair internal pay equity
• Conduct job evaluations and ensure alignment with internal grading frameworks.
• Prepare compensation proposals for new hires, internal movements, and promotions.
• Analyze internal pay equity and support pay structure recommendations.
• Ensuring all compensation programs strictly comply with local labor laws, pay equity legislation, and tax regulations.
• Maintain compensation and benefits data in HR systems and ensure data accuracy.
• Track compensation trends, cost impacts, and provide analytical insights.
• Support development and documentation of compensation and benefits policies
• Help prepare compensation reports and analytics for decision-making and audit purposes.
• Facilitate the appraisal process, including reviewing and rating employee performances in collaboration with supervisors/Department Heads
• Address employee queries regarding Compensation policies and procedures
• Support HR projects related to compensation, benefits, and rewards strategy
• Experience with data analysis and reporting tools.

Requirements:

• Any Graduate degree with minimum 5 to 8 years of experience in Human Resource, Compensation and Benefits
• Understanding compensation structures, salary surveys and evaluation methodologies
• Proficiency in all Microsoft Office applications
• Strong analytical and interpersonal skills, with the ability to interact and build credibility across all levels of the organization
• Basic understanding of HR practices, labor laws, and HR functions
• The ability to multi-task, Willingness to learn new skills and work in a fast-paced environment
• Ability to handle sensitive information with confidentiality and professionalism

Desired Skills:

• Experience with HR/ Compensation software and systems (e.g., Mercer, Aon, Radford, Naukri)
• Familiarity with compensation management, benefits administration, and compliance regulations.