Ascensus Logo

Ascensus

Lead Compensation Analyst

Reposted 9 Days Ago
Be an Early Applicant
In-Office
Chennai, Tamil Nadu, IND
Senior level
In-Office
Chennai, Tamil Nadu, IND
Senior level
The Lead Compensation Analyst will manage compensation planning, market benchmarking, and develop competitive reward strategies, focusing on the India market.
The summary above was generated by AI

The Lead Compensation Analyst role will focus on compensation planning, market benchmarking, and the development and implementation of competitive reward strategies. This role will bring a deep understanding of compensation structures, salary surveys, and market data analysis in the India market context, supporting the attraction, retention, and motivation of top talent.

Section 2: Job Functions, Essential Duties and Responsibilities

  • Compensation Planning & Analysis
    • Collaborate with teammates to lead the annual  compensation planning processes, including merit increases, promotions, and bonus recommendations for India.
    • Analyze internal and external compensation data to ensure competitiveness and internal equity in accordance with the compensation strategy and philosophy of the organization.
    • Develop and maintain salary structures, ranges, and job levels aligned to market competitiveness and internal equity.
  • Market Data Management
    •  Support Partner with compensation leader in compensation surveys (e.g., Mercer, Aon, Willis Towers Watson) and analyze market data to identify trends and provide insights.
    • Build and maintain compensation databases and dashboards for internal reporting and decision-making.
    • Partner with global and regional teams to align market data analysis with broader compensation strategies.
  • Total Rewards Strategy & Execution
    • Contribute to the development and implementation of total rewards programs tailored to the local market.
    • Support long- and short-term incentive plan design and rollout.
    • Assist in communication and change management initiatives related to rewards programs.
    • Participate in job evaluation, leveling, and job family governance using established frameworks.
  • Stakeholder Collaboration
    • Work closely with teammates, Talent Acquisition, and Finance to ensure alignment of compensation decisions with organizational goals.
    • Serve as a trusted advisor to HR Business Partners and people leaders on compensation matters.
    • Provide consultation and training to HR and line managers on compensation practices and tools.
  • Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
  • At Ascensus we are guided by our Core Values of People Matter, Quality First and Integrity Always®. They inspire us every day to prioritize an environment of respect for those we serve and one another and should be visible in your actions on a day-to-day.

Supervision  

  • N/A

Section 3:  Experience, Skills, Knowledge Requirements

  • Bachelor’s degree in Human Resources, Business, Economics, or related field; MBA or professional HR certification (e.g., CCP, GRP) is a plus.
  • 5–8 years of progressive experience in compensation or total rewards, with strong exposure to India compensation practices.
  • Strong analytical skills and proficiency in Excel, data visualization tools, and HRIS systems e.g., Workday.
  • Demonstrated experience working with compensation surveys and benchmarking tools.
  • Knowledge of Indian labor laws and regulatory guidelines related to compensation and benefits.
  • Excellent communication skills and ability to present data-driven insights to diverse stakeholders.

We are proud to be an Equal Opportunity Employer

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.

Similar Jobs

3 Hours Ago
Remote or Hybrid
India
Mid level
Mid level
Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
The AI Engineer will develop and implement AI models, optimize performance, manage data handling, and collaborate with teams to align solutions with business goals.
Top Skills: Aws SagemakerAzure MlC++GCPJavaKerasPythonPyTorchScikit-LearnSQLTensorFlow
3 Hours Ago
Remote or Hybrid
India
Senior level
Senior level
Artificial Intelligence • Cloud • Sales • Security • Software • Cybersecurity • Data Privacy
The Solution Engineering Manager will lead a team of Solution Engineers, improve sales methodologies, and ensure high team performance while engaging with customers in the Identity Governance market.
Top Skills: Ai-Driven Security PlatformIdentity Security
6 Hours Ago
Hybrid
Chennai, Tamil Nadu, IND
Entry level
Entry level
Artificial Intelligence • Healthtech • Professional Services • Analytics • Consulting
The role involves collaborating with teams to implement technology solutions, analyzing business problems, and guiding project plans in a flexible and dynamic environment.
Top Skills: AWSAzureGoogle Cloud PlatformPythonRdbmsSQL

What you need to know about the Chennai Tech Scene

To locals, it's no secret that South India is leading the charge in big data infrastructure. While the environmental impact of data centers has long been a concern, emerging hubs like Chennai are favored by companies seeking ready access to renewable energy resources, which provide more sustainable and cost-effective solutions. As a result, Chennai, along with neighboring Bengaluru and Hyderabad, is poised for significant growth, with a projected 65 percent increase in data center capacity over the next decade.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account