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537 L&T Technology Services Jobs

Head - Compensation & Benefits

15-20 years

Chennai

1 vacancy

Head - Compensation & Benefits

L&T Technology Services

posted 2d ago

Job Role Insights

Flexible timing

Job Description

  • Analyze existing compensation data : To provide informed recommendations to standardise pay components.

  • System Implementation and Maintenance : Collaborate with IT, internal and external vendor teams to customize systems to meet organizational needs. Ensure seamless integration and alignment between HRMS, Payroll and CB modules. Monitor system performance, pro-actively trouble shoot issues and oversee ongoing maintenance.

  • Process Optimisation : Develop and document standard operating procedures for Compensation Benefits systems and processes. Automate manual processes and implement workflows to improve efficiency.

  • Data Analytics : Generate data analytics and reporting to provide insights into workforce trends, costs and ROI of benefits programs.

  • Annual Increment and Variable Pay Cycle : Run the Annual Increment and Variable Pay cycle

  • Compensation Management : System generation and Issuance of Annual Rewards Promotion Letters

  • Statutory changes : Stay abreast of emerging trends impacting compensation practices and propose implementation solutions aligned with company policies.

  • Market benchmarking of Compensation : Participate in market Benchmarking periodically, use the data to design and update Pay Ranges.

  • Compensation Structure : Support the benchmarking of Compensation structure with Market periodically and suggest Pay Structure for relevant management cadre.

  • Special Projects: Design and Implementation of Special projects time to time.


Key Interactions with :

Internal

External

  • Senior Management
  • Talent Partners/HR Team
  • Business Leaders/Department Heads
  • Finance Team
  • Legal Team
  • IT/HRIS Team
  • Employees

  • Compensation Consultants
  • Regulatory Bodies
  • Industry Associations
  • Vendors/Service Providers
  • External Auditors
  • Labor Market/Job Market











Technical Skills:
  • Skilled in analyzing compensation data
  • Attention to detail and a commitment to accuracy
  • Hands on experience in implementing and running CB systems.
  • Proficiency in change management and process improvement.
  • Experience in leading merit and incentive programs.
  • Knowledgeable about compensation laws.
  • Competent in budget maintenance and reporting.
  • Advanced skills in Excel and data analysis tools.
  • Ability to monitor and analyze market salary trends.
Behavioral Skills:
  • Clear and effective communicator.
  • Strong team player with stakeholder engagement skills.
  • Excellent analytical and problem-solving skills.
  • Discreet in handling sensitive information.
  • Ability to manage strategic priorities with operational execution.
  • Efficient time management.

Employment Type: Full Time, Permanent

Read full job description

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What people at L&T Technology Services are saying

Head salary at L&T Technology Services

reported by 3 employees with 24 years exp.
₹22 L/yr - ₹60 L/yr
32% more than the average Head Salary in India
View more details

What L&T Technology Services employees are saying about work life

based on 4.8k employees
73%
93%
61%
94%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

L&T Technology Services Benefits

Cafeteria
Health Insurance
Soft Skill Training
Work From Home
Team Outings
Job Training +6 more
View more benefits

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