Bengaluru
2 days ago
Staff Compensation Analyst
Saviynt is an identity authority platform built to power and protect the world at work. In a world ofdigital transformation, where organizations are faced with increasing cyber risk but cannot afforddefensive measures to slow down progress, Saviynt’s Enterprise Identity Cloud gives customersunparalleled visibility, control and intelligence to better defend against threats while empoweringusers with right-time, right-level access to the digital technologies and tools they need to do theirbest work.
Position Overview:We are seeking a highly analytical and detail-oriented Staff Compensation Analyst to join ourHR team in Bangalore. This individual contributor role is essential for maintaining andenhancing our compensation program. The ideal candidate will possess extensive experience inboth U.S. and India compensation practices and will take a lead role in creating, maintaining,and updating salary ranges, administering the annual compensation cycle, and producing dataand analytics to support our compensation strategies.
WHAT YOU WILL BE DOING:● Develop, maintain, and update salary ranges for all job families and levels within theorganization. Ensure that salary ranges are competitive and aligned with market trendsand internal equity.● Develop, maintain, and update salary ranges for all job families and levels within theorganization. Ensure that salary ranges are competitive and aligned with market trendsand internal equity.● Act as a subject matter expert in compensation, ensuring the ongoing effectiveness andcompetitiveness of our compensation programs. Provide insights and recommendationsfor program enhancements based on market trends and organizational needs.● Ensure that the Human Resources Information System (HRIS) is updated with relevantcompensation information, including salary ranges, compensation adjustments, andmarket survey data.● Lead initiatives to define and refine job families and levels across the organization.Collaborate with HR and business leaders to establish clear role definitions and careerpaths that align with organizational goals.● Partner with the Talent Acquisition team to create and promote new career paths thatfacilitate employee growth and development. Ensure that career paths arecommunicated effectively throughout the organization.● Manage the annual compensation cycle, including salary reviews, merit increases,bonus allocations, and equity adjustments. Ensure timely execution and adherence tocompany policies and procedures.● Produce and present comprehensive data reports and analytics to inform compensationdecisions. Utilize data to evaluate the effectiveness of compensation strategies andrecommend changes as necessary.● Work closely with the Director of HR, Talent Acquisition, and other stakeholders to aligncompensation strategies with broader HR initiatives and business objectives. Influencedecision-making through effective communication of compensation insights.● Assist in the development and maintenance of compensation policies and practices,ensuring compliance with local regulations and alignment with industry standards.● Conduct regular market research to benchmark compensation practices and ensure ourofferings remain competitive. Analyze external compensation data to inform internalpractices.● Provide guidance and support to HR colleagues and management on compensation-related inquiries and issues, fostering a better understanding of compensation structuresand policies.
WHAT YOU BRING:● Bachelor’s degree in Human Resources, Business Administration, or a related field.● Minimum of 8 years of experience in compensation analysis, with significant experiencein both U.S. and India compensation practices.● Strong analytical skills and proficiency in data analysis tools and compensation software.● Excellent communication and collaboration skills, with the ability to work effectively withvarious stakeholders across the organization.● Demonstrated ability to manage multiple projects and meet deadlines in a fast-pacedenvironment.● Knowledge of relevant labor laws and compensation regulations in both the U.S. andIndia.Preferred Qualifications:● Professional certification in compensation (e.g., CCP) is a plus.● Experience in a tech or fast-growing company is highly desirable.Key Competencies:● Ability to interpret and analyze complex data sets, draw insights, and provide actionablerecommendations to improve compensation strategies.● Meticulous in data entry, reporting, and analysis to ensure accuracy in compensationdata and compliance with internal policies and external regulations.● Capacity to align compensation practices with overall business objectives and HRstrategies, anticipating future needs and trends in the labor market.● Proficient in identifying issues within compensation programs and proposing effectivesolutions that meet organizational goals while addressing employee concerns.● Ability to thrive in a fast-paced and evolving environment, adjusting strategies andpriorities as needed to meet changing business demands and workforce dynamics.● Strong verbal and written communication skills, enabling clear and persuasivepresentations of data and recommendations to various stakeholders, including HRleadership and management.● Excellent relationship-building abilities to collaborate effectively with colleagues in HR,Talent Acquisition, and across departments, fostering a team-oriented atmosphere.● Skilled in managing multiple projects simultaneously, ensuring deadlines are met whilemaintaining high-quality standards in deliverables.● Ability to advocate for compensation recommendations and changes persuasively,working collaboratively with stakeholders to achieve buy-in and support for initiatives.● Understanding of diverse cultural perspectives, particularly regarding compensationpractices in both the U.S. and India, to ensure equitable and inclusive compensationpolicies.
Work Environment:This position is hybrid, requiring three days a week in the Bangalore office, with expectations towork in the U.S. time zone as needed. Regular meetings will be held with leaders andmanagers, and you will have 1:1s scheduled with your manager located in the EST time zone.Flexibility in working hours is essential to accommodate these interactions.If you are passionate about compensation and eager to contribute to our team's success, weinvite you to apply for the Staff Compensation Analyst position. Join us in shaping the future ofcompensation at Saviynt! Saviynt is an amazing place to work. We are a high-growth, Platformas a Service company focused on Identity Authority to power and protect the world at work. Youwill experience tremendous growth and learning opportunities through challenging yet rewardingwork that directly impacts our customers, all within a welcoming and positive work environment.If you're resilient and enjoy working in a dynamic environment you belong with us!Saviynt is an equal opportunity employer and we welcome everyone to our team. All qualifiedapplicants will receive consideration for employment without regard to race, color, religion, sex,sexual orientation, gender identity, national origin, disability, or veteran status.Regards,TA Team
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