Compensation & Benefit Specialist

About Us: Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm’s mission is to serve half a billion Indians and bring them to the mainstream economy with the help of technology.

About the Team: Because you get an opportunity to make a difference, and have a great time doing that. You are challenged and encouraged here to do stuff that is meaningful for you and for those we serve. We are successful, and our successes are rooted in our people's collective energy and unwavering focus on the employees, and that's how it will always be change management in Human Resources

About the role: This role will be responsible for supporting the implementation of a broad range of reward practices and compliance policies for the organization. This role is a key subject matter expert of the Compensation and Benefits functions locally; the role provides local insights, consultation, and advice to Human Resources Business Partners and senior business leaders as required. key responsibilities in order of importance and specify the approximate amount of time, e.g. in % related to the typical business cycle).

Expectations/ Requirements:

1. Compensation Benchmarking: Ensure external competitiveness of internal salary ranges by

benchmarking against comparators.

1. Conducts and analyses survey results to assist in comparing compensation and benefits plans.
2. Participates in the development of compensation and benefits policy.
3. Managing the Employee Stock Option plan.
4. Annual planning, forecasting, and budgeting exercises for all direct costs for employees (salary and

benefits, annual increments, incentives, rewards, and awards programs).

1. Annual Salary review exercise and administration of compensation review process cycle; off-cycle pay

adjustments.

1. Monitors compensation trends within the organization and provides analytics to support operational

efficiency.

1. Provide ongoing support to line managers and HR on operations matters related to compensation