Compensation & Benchmarking Consultant

Role & responsibilities

• Manage Compensation & Benchmarking assignments for domestic clients across industries.
• Work closely with clients to understand their compensation strategy, organizational structure, and talent requirements.
• Conduct market benchmarking and compensation analysis for various roles and levels.
• Develop compensation benchmarks based on relevant industry, geography, company size, role, and experience parameters.
• Analyze salary structures, fixed and variable compensation, benefits, and other components of total rewards.
• Prepare compensation benchmarking reports, dashboards, and client presentations with actionable insights.
• Support clients in designing or reviewing salary structures, pay ranges, compensation frameworks, and market positioning.
• Conduct market research and analyze compensation data from relevant sources.
• Interact directly with client stakeholders to understand requirements, present findings, and address queries.
• Manage assignments independently from requirement gathering through analysis, report preparation, and client presentation.
• Ensure high-quality and timely delivery of client projects.

Preferred candidate profile

• Graduate/MBA/PGDM from a reputed institute, preferably in HR, Finance, Business Management, or a related discipline.
• Experience in Management Consulting, HR Consulting, Compensation & Benefits, Total Rewards, or Compensation Benchmarking.
• Strong experience in client-facing consulting assignments is preferred.
• Good understanding of compensation structures, salary benchmarking, market pay data, and total rewards.
• Strong analytical and problem-solving skills with the ability to interpret compensation data and translate it into meaningful client insights.
• Excellent communication, presentation, and stakeholder-management skills.
• Ability to independently manage multiple client assignments and deliverables.