A Manager, Compensation & Benefits earns an average salary of Rs 1,053,027 per year. Most people with this job move on to other positions after 20 years in this field. Experience strongly influences pay for this job.

Rs 542,001 - Rs 2,205,668
Rs 540K
Rs 1M
Rs 2M
MEDIAN: Rs 1,245,942
10%
50%
90%
Rs 0Rs 2M
Salary Rs 542,001 - Rs 2,205,668
Bonus Rs 44,500 - Rs 353,251
Profit Sharing Rs 49,435
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
Rs 590,249 - Rs 2,419,315
  • Country: India
  • Currency: INR
  • Updated: 20 Jan 2018
  • Individuals Reporting: 93

Job Description for Manager, Compensation & Benefits

Effectively managing compensation and benefits are essential to ensuring employee satisfaction and that all laws and other regulations are followed. The manager of compensation and benefits is a part of the organization's human resources department and assists employees with issues of pay, benefits and retirement. They also engage in methods to boost employee awareness of their options and benefits packages.

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Manager, Compensation & Benefits Tasks

  • Design, evaluate and modify benefits programs and policies to ensure that programs are current, competitive and in compliance with legal requirements.
  • Manage the design and development of tools to assist employees and to guide managers through compensation decisions.
  • Manage the selection, training and development of staff engaged in the organizational compensation and benefit programs.
  • Analyze compensation policies, government regulations, and surveys to develop competitive compensation plan.

Manager, Compensation & Benefits Job Listings

Pay Difference by Location

National Average: Rs 1,354,519

Larger city markers indicate a job is popular in that location.

Manager, Compensation & Benefits Advice

Q: What is it like working as a Manager, Compensation & Benefits?

Manager, Compensation & Benefits in Bengaluru:
My role requires patience, customer centric approach, eye for detail and analytical skills to transform data into insight.

Manager, Compensation & Benefits in Gurgaon:
Pros: Learning opportunities, job rotations, flexibility, culture, celebrations, interesting and engaging work, innovation.
Cons: Peer parity

Related Job Salaries

Key Stats for Manager, Compensation & Benefits

Gender

Female
30 %
Male
70 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
2%
1-4 years
19%
5-9 years
44%
10-19 years
34%

Experience Affects Manager, Compensation & Benefits Salaries

Experienced
▲30%

National Average
Rs 1,355,000

▼17%

Entry-Level
▼41%

Skills That Affect Manager, Compensation & Benefits Salaries

National Average
Rs 1,355,000



Microsoft Office
▼32%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
2%
1-4 years
19%
5-9 years
44%
10-19 years
34%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 7%
vision benefits
Vision: 4%
no benefits
None: 18%