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Paytm, India's leading mobile payments and financial services company, is seeking a Manager of Compensation & Benefits to support the implementation of reward practices and compliance policies across the organization. This role serves as a key subject matter expert in compensation and benefits functions, providing local insights, consultation, and strategic advice to HR Business Partners and senior business leaders.
Key responsibilities include:
- Conducting compensation benchmarking exercises to ensure external competitiveness of internal salary ranges against market comparators
- Analyzing survey results to compare compensation and benefits plans
- Participating in the development of compensation and benefits policies
- Managing the Employee Stock Option plan
- Leading annual planning, forecasting, and budgeting for all direct employee costs including salary, benefits, annual increments, incentives, and awards programs
- Administering the annual salary review exercise and compensation review process cycle, including off-cycle pay adjustments
- Monitoring compensation trends within the organization and providing analytics to support operational efficiency
- Providing ongoing operational support to line managers and HR on compensation-related matters
- Staying current with trends and best practices in the compensation and benefits field
- Supporting annual reports, AGMs, and other statutory compliance requirements
Requirements:
- Minimum 6 years of specialist experience in Compensation & Benefits
- MBA in Human Resources or equivalent degree
- In-depth knowledge of India compensation and benefits concepts, employment acts, and competitive compensation programs
- Strong data analytics capabilities and proficiency with MS Excel
- Specialized or cross-functional knowledge relevant to the role
