Compensation and Benefits Analyst - Bengaluru
1 day ago
Job description
The Compensation & Benefits (C&B) function is responsible for designing, coordinating, and implementing effective compensation and benefits strategies, processes, and programs for ANSR's clients during consulting engagements.
The Analyst – Compensation & Benefits will support the setup and scaling of new Global Capability Centers (GCCs) by providing expert insights, guidance, and execution support across all C&B workstreams.
Key Responsibilities- Work with the People, Organization and Culture team to deliver high quality, effective Compensation and Benefits solutions tailored for ANSR's clients with focus on the following areas: o C&B design, including pay ranges, pay structuring, pay mix, and benefits design o Play an integral role in delivering the annual pay review and bonus processes at ANSR clients. o Align with statutory compliance; be aware of market practices and developments. o Compensation and Benefits market benchmarking, trends, andadvisory o Job evaluation and levelling. o Annual C&B cycle budgeting, management, and execution
- Present solutions and recommendations in a structured and articulate manner to client and/or ANSR internal teams
- Conduct due diligence for renewals and trends for Insurance and employee wellness programs at ANSR clients.
- Coordinate with HR operations to implement the programs in consultation with the HR business partner.
- Liaise with Benefits Partners/ vendors and work with other functions such as HR operations and finance to execute Benefits Programs at ANSR clients.
- Provide CoE consulting advice to established clients, design and implement specific rewards-related projects. Manage C&B Project Modules under guidance of C&B/POC leadership.
Experience and Requirements Required Experience and Skills:
- 4+ years of experience in a compensation role. A mix of consulting and field C&B is preferred.
- All-round understanding of Total Rewards design principles and their application, along with associated business acumen.
- Familiarity with one or more of the leading Job Evaluation frameworks.
- Experience in conducting annual compensation cycles.
- Experience in engaging with and onboarding benefits vendors.
- High level of Proficiency in MS Office, particularly in MS Excel.
- Strong communication skills and ability to present complex data and insights
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