Assistant Manager

We are seeking a highly experienced and analytical Compensation & Benefits Manager to join our manufacturing team in Khed, Pune. This pivotal role involves overseeing all aspects of compensation, benefits, payroll, and statutory compliance, ensuring our practices attract and retain top talent while aligning with business objectives and market trends. The ideal candidate will possess a strong background in HR, particularly in compensation and benefits, with a proven ability to leverage data for strategic decision-making.

Key Responsibilities

• Design, implement, and manage salary structures, CTC components, and overall compensation frameworks.
• Oversee accurate and timely payroll processing and ensure strict adherence to all statutory compliance requirements.
• Conduct comprehensive compensation reviews, market benchmarking, and salary budgeting to maintain competitive remuneration.
• Participate in compensation surveys with leading providers like Mercer, Aon, or WTW, analyzing data to inform strategies.
• Develop and present detailed compensation reports, dashboards, and analytics to senior management.
• Provide expert advice and guidance on compensation and benefits matters to HR business partners and employees.
• Ensure all compensation and benefits programs comply with internal policies and external regulations.
• Collaborate with various departments to understand their compensation needs and provide tailored solutions.

Requirements

• MBA/PGDM in Human Resources from a recognized institution.
• 8-12 years of progressive experience in Compensation & Benefits, preferably within the manufacturing sector.
• Demonstrated expertise in salary structuring, CTC management, and payroll administration.
• Proficiency in advanced Excel features, including PivotTables, XLOOKUP, SUMIFS, and dashboard creation.
• Prior experience with compensation surveys (Mercer, Aon, WTW) and strong analytical capabilities.
• Excellent reporting skills with the ability to translate complex data into actionable insights.
• Thorough knowledge of statutory compliance related to compensation and payroll.
• Strong communication and interpersonal skills to collaborate effectively across all levels.

What We Offer

• An opportunity to lead and shape compensation strategies within a dynamic manufacturing environment.
• Exposure to industry-leading compensation practices and tools.
• A collaborative work culture with opportunities for professional growth.
• Competitive compensation and benefits package.