Specialist - Total Rewards (Compensation Specialist) - Hyderabad

Hyderabad, Telangana, India

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Position Summary

Are you an aspiring HR professional, passionate about operational excellence? Does playing an instrumental role in enhancing the ability of an organization to scale appeal to you?

Work you'll do

As a Specialist, Total Rewards team, you will be responsible for:

  • Supporting market benchmarking process and analyzing market data for trends
  • Provide support with Survey submissions, reporting, and related analysis for specific businesses to benchmark the right jobs at the right level. Coordinate with survey houses on submission, reporting, and analysis
  • Support with analyzing recruitment data to understand challenges with respect to attraction and utilization of ranges. Provide first level insights / patterns based on a review of the hiring data
  • Collaborate with the Compensation Advisors in macro planning and forecasting of annual incentive budgets. Assist with internal quality assurance/compliance reviews as required
  • Partner closely with various teams, our market data partner and other internal teams w.r.t job analysis and benchmarking, formulating competitive market pay strategies, budgeting of merit, annual incentive plans, spend analysis and final finance reconciliation process
  • Maintain and update Compensation data files, to support modeling efforts
  • Independently verify deliverables, identify any data issues, and report as required
  • Develop implementation plans in support of the annual compensation process
  • Provide initial-level data insights and observations for all compensation milestone activities including support with creating initial drafts for all presentations and decks

The team

The Total Rewards team supports compensation and recognition programs through benchmarking, market analysis, reporting, and process execution. The team works closely with compensation advisors, business stakeholders, and internal operations teams to support pay decisions and annual compensation activities. This role contributes to data-driven compensation support for U.S./USI teams supporting DTTL and member firms.

Location: Hyderabad

Shift Timings: 11 AM to 8 PM

Qualifications

Required:

  • 3-6 years of experience in human resources.
  • Master of Business Administration in Human Resources with experience in compensation processes; or bachelor's degree in Commerce, Arts, Science, or Computer Applications with experience supporting compensation processes.
  • Experience supporting market benchmarking, compensation survey submissions, or job evaluation activities.
  • Experience analyzing compensation, recruitment, or workforce data using Microsoft Excel.
  • Experience preparing reports, presentations, or analysis for compensation or HR stakeholders.

Preferred:

  • Experience working in a compensation center of excellence or HR shared services compensation function in a multinational company.
  • Experience using compensation tools such as CompAnalyst or ADP compensation planning tools.
  • Experience supporting annual compensation cycles, incentive planning, or user acceptance testing.
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Professional development

At Deloitte, professionals have the opportunity to work with some of the best and discover what works best for them. Here, we prioritize professional growth, offering diverse learning and networking opportunities to help accelerate careers and enhance leadership skills. Our state-of-the-art DU: The Leadership Center in India, located in Hyderabad, represents a tangible symbol of our commitment to the holistic growth and development of our people. Explore DU: The Leadership Center in India.
Benefits to help you thrive

At Deloitte, we know that great people make a great organization. Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally, physically, and financially—and live their purpose. To support our professionals and their loved ones, we offer a broad range of benefits. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you.
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Requisition code: 351555