Deputy Manager / Manager - Compensation & Benefits (Total Rewards)
at V-Mart Retail Ltd.
4–9 yrsGurgaon
The role
Individual contributor Compensation & Benefits role in the Total Rewards division at the Gurgaon head office, covering salary benchmarking, variable pay design, manpower cost budgeting, benefits programs and job evaluation. Reports to GM - HR.
What you would do
- Lead annual salary benchmarking and design grade-wise salary bands
- Design and simulate performance-linked variable pay structures
- Oversee manpower cost governance against AOP and model increment/bonus cycles
- Maintain monthly cost forecasting
- Design and manage total rewards and benefit programs
- Map job roles to grades/bands using standard frameworks
- Model financial impact of org design and span-of-control benchmarking
What they are looking for
- 4 to 9 years of experience
- Strong background in Mercer IPE / Korn Ferry Hay frameworks
- Pay-equity modeling expertise
- Advanced Excel and Power BI