Job Description
We're Hiring | Assistant Vice President / Deputy Vice President - Compensation & Benefits
Dimensions HRD Consultants is hiring for an exclusive mandate with a leading NBFC for an experienced Compensation & Benefits professional at AVP/DVP level.
Job Title: Assistant Vice President / Deputy Vice President - Compensation & Benefits
Location: Gurugram
Industry: NBFC / Financial Services
Experience: 8–15 Years
Job Summary:
This strategic role will partner closely with business leaders and HR leadership to drive the organization's rewards philosophy, executive compensation, and employee reward programs.
Key Responsibilities:
Lead the design, review, and implementation of Compensation & Benefits policies across the organization.
Manage the complete ESOP lifecycle including grants, vesting, exercises, governance, and employee communication.
Design and administer annual incentive plans, sales incentive programs, and variable pay frameworks.
Drive annual compensation benchmarking using leading salary surveys such as Mercer, Aon, WTW, etc.
Support annual compensation review cycles including merit increases, promotions, and bonus planning.
Partner with senior business leaders and HRBPs on compensation strategies for key talent hiring and retention.
Develop compensation structures, job evaluation methodologies, and salary band architecture.
Ensure compliance with statutory requirements, governance standards, and regulatory guidelines.
Generate compensation analytics, MIS, dashboards, and actionable insights for leadership.
Collaborate with Finance, Payroll, Legal, and HR Operations teams for seamless execution of reward programs.
Required Skills & Experience:
8–15 years of experience in Compensation & Benefits within NBFC, Banking, Financial Services organizations, or reputed consulting firms.
Strong expertise in ESOPs, Executive Compensation, Variable Pay, and Incentive Design.
Hands-on experience with salary benchmarking, compensation surveys, and job evaluation frameworks.
Strong analytical skills with the ability to convert data into strategic compensation decisions.
Excellent stakeholder management and business partnering capabilities.
Interested candidates can apply through the company website.
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