Senior Compensation & Benefits Analyst

Are you a skilled and experienced Compensation & Benefits Analyst looking for a new opportunity? Look no further! Analog Devices is seeking a talented Senior Compensation & Benefits Analyst to join our dynamic and growing team. In this role, you will be responsible for designing, implementing, and managing our company's compensation and benefits programs, ensuring our employees are fairly and competitively rewarded for their contributions. To excel in this role, you must have a strong background in compensation and benefits, as well as excellent analytical and communication skills. If you are passionate about helping employees thrive and thrive in a fast-paced, collaborative environment, we want to hear from you!

1. Design and implement compensation and benefits programs that align with the company's overall goals and objectives.
2. Conduct market research and analysis to ensure the company's compensation and benefits packages are competitive and attract top talent.
3. Manage all aspects of the company's compensation and benefits programs, including salary structures, bonus and incentive plans, and employee benefits.
4. Collaborate with HR and finance teams to ensure the company's compensation and benefits programs are cost-effective and sustainable.
5. Develop and maintain policies and procedures related to compensation and benefits to ensure compliance with legal and regulatory requirements.
6. Communicate and educate employees on compensation and benefits programs, including changes and updates.
7. Work closely with managers and HR partners to address any compensation or benefits-related issues and provide guidance on compensation-related decisions.
8. Analyze compensation data and trends to identify areas for improvement and make recommendations for adjustments.
9. Prepare and present reports to senior leadership on the effectiveness and competitiveness of the company's compensation and benefits programs.
10. Stay abreast of industry trends and best practices in compensation and benefits to continuously improve the company's programs.

According to JobzMall, the average salary range for a Senior Compensation & Benefits Analyst in Bengaluru, Karnataka, India is approximately ₹ 12,00,000 to ₹ 15,00,000 per year. This can vary depending on factors such as the size and industry of the company, the candidate's experience and qualifications, and the specific responsibilities of the role. It is important to note that salary ranges may also be affected by economic conditions and market demand for this type of role.

Analog Devices, Inc., also known simply as Analog, is an American multinational semiconductor company specializing in data conversion, signal processing and power management technology, headquartered in Norwood, Massachusetts.