Compensation & Benefits Managers design, implement, and manage employee compensation structures and benefits programs. They ensure that pay and benefits are competitive, equitable, and aligned with organizational goals, while complying with legal standards and supporting employee satisfaction and retention.
₹6,00,000 - ₹35,00,000 per annum (depending on experience, expertise, and organization)
Compensation & Benefits professionals are in demand across sectors such as IT, manufacturing, banking, healthcare, and consulting. Their expertise is vital for attracting and retaining talent, ensuring legal compliance, and maintaining employee motivation.
Compensation & Benefits Managers typically work in HR departments, collaborating with HR business partners, finance teams, and senior management. The role involves data analysis, policy formulation, vendor management, and regular interaction with employees.