Manager - Compensation & Benefits
About this job
Paytm is looking for a Manager for Compensation & Benefits to join the team in Noida, Uttar Pradesh. As India's leading mobile payments and financial services distribution company, Paytm builds technologies to help small businesses and aims to bring half a billion Indians into the mainstream economy. The Compensation & Benefits team focuses on employee success, change management, and building meaningful reward practices. In this role, your normal day will involve supporting the implementation of reward practices and compliance policies, acting as a local subject matter expert, benchmarking compensation, managing Employee Stock Option plans, conducting annual planning and budgeting, analyzing salary trends, and offering consultation to HR business partners and senior leaders.
Responsibilities
- Benchmark compensation against comparators to ensure external competitiveness.
- Analyze survey results to compare compensation and benefit plans.
- Contribute to the development of compensation and benefits policies.
- Manage the Employee Stock Option plan.
- Handle annual planning, forecasting, and budgeting for direct employee costs.
- Administer the annual salary review process and off-cycle pay adjustments.
- Monitor internal compensation trends and provide supporting analytics.
- Assist with statutory requirements, AGMs, and Annual Reports.
Requirements
- Minimum of 6 years of experience in Compensation & Benefits.
- Specialized or cross-functional knowledge relevant to the role.
- In-depth knowledge of India compensation and benefits concepts, employment acts, and peer company programs.
- Proficiency in data analytics and MS Excel.
- MBA in Human Resources or any equivalent degree.
Who should apply
This role suits professionals with a solid background in Human Resources who possess at least six years of specialized experience in Compensation & Benefits within India. Candidates must have strong analytical skills, expertise in MS Excel, and a deep understanding of local employment acts and reward practices. If you have experience managing equity plans, annual budgeting, and partnering with senior business leaders, you should apply for this position at Paytm.
Frequently asked questions
What is the primary location for the Manager - Compensation & Benefits role at Paytm?
The role is based in Noida, Uttar Pradesh.
What educational qualifications are required for the Manager - Compensation & Benefits position?
Candidates must be an MBA in Human Resource or hold any equivalent degree.
How much experience is needed to apply for the Manager - Compensation & Benefits job at Paytm?
A minimum of 6 years of experience in Compensation & Benefits is required.
What does Paytm do as a company?
Paytm is India's leading mobile payments and financial services distribution company that builds technologies for small businesses.
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