Sr Associate - Total Rewards

Sr Associate - Total Rewards
India - Hyderabad Apply Now
JOB ID: R-213772
LOCATION:
India - Hyderabad
WORK LOCATION TYPE:
On Site
DATE POSTED: Apr. 25, 2025
CATEGORY: Human Resources
Role Description:
We are seeking a results-driven Senior Associate, Total Rewards to join our dynamic Human Resources team. This role will play a critical part in managing compensation operations, supporting benefits administration and leading market benchmarking initiatives. The ideal candidate will bring strong data analytics capabilities, in-depth understanding of AON and Mercer methodologies, and proven experience in compensation management.
Roles & Responsibilities:
- Compensation Benchmarking & Analysis:
- Lead and coordinate compensation benchmarking initiatives using AON, Mercer, and other relevant market survey tools.
- Analyze market trends and provide insights to ensure our compensation structures remain competitive and aligned with business goals.
- Prepare detailed compensation analyses and reports to support compensation decisions and recommendations.
- Benefits Administration Support:
- Collaborate with benefits vendors and internal stakeholders to ensure smooth administration of health, wellness, and retirement programs.
- Support the annual benefits renewal cycle, including data preparation, cost analysis, and communications review.
- Monitor benefit plan performance and suggest enhancements based on employee feedback and market trends.
- Compensation Operations:
- Manage and maintain compensation-related data, including salary structures, job levelling, and pay equity.
- Support annual compensation cycles (merit, bonus, and equity) including system setup, data audits, and communication material preparation.
- Partner with HR Business Partners to resolve compensation-related inquiries and provide analytical support.
- Data Analytics & Reporting:
- Develop and maintain compensation and benefits dashboards and KPIs.
Qualifications:
- Bachelor’s degree in Human Resources, Business, Finance, or related field; Master’s degree or HR certification (e.g., CCP) is a plus.
- 5 – 8 years of experience in Total Rewards, Compensation, or Benefits Administration roles.
- Strong proficiency with market survey platforms (AON, Mercer) and benchmarking methodology.
- Advanced Excel and data visualization/reporting skills; familiarity with tools like Power BI or Tableau is a plus.
- Experience with HRIS systems (e.g., Workday, SuccessFactors) and compensation management platforms.
- Exceptional analytical, communication, and project management skills.
- Strong attention to detail and ability to handle confidential information with discretion