ILIllumina
Staff Compensation & Benefits Analyst
Bangalore ₹4-8 LPA Posted 5 Sept 2025
FULL TIME
Market Research
Data Analysis
Benefits Administration
compensation structures
statistical reporting
Job Description
Scope of Responsibilities:
- Ensure all compensation and benefits programs are both cost-effective and market-competitive, aligned with business objectives, and fully compliant with local laws
- Support key annual cycles including compensation planning, insurance renewals, and monthly benefits enrollment
- Lead or support regional C&B initiatives and ensure local alignment with Illumina's global total rewards strategy
- Evaluate complex issues and propose solutions that consider varying practices and market dynamics
- Plan and implement compensation or benefits changes, managing communication, risk mitigation, and stakeholder engagement
- Develop and deliver training materials, documentation, and communications that explain compensation and benefits to employees and leaders in a clear and understandable way
- Partner with internal stakeholders to ensure alignment and understanding of C&B programs across HR, Finance, Legal, and leadership teams
- Serve as a subject matter expert on India compensation and benefits legislation and compliance requirements
- Lead or support regional C&B benchmarking and participate in 1–2 compensation and benefits surveys per year
- Utilize Mercer tools or similar compensation systems and platforms to analyze, model, and benchmark pay and benefits programs
- May mentor junior team members or regional HR partners as needed
- Support the wider COE (Center of Excellence) with global or cross-regional initiatives
Experience and Education:
- Master's degree required, preferably in HR, Business, or related discipline
- Minimum of 8 years of experience in compensation and benefits in a multinational environment
- Deep understanding of compensation and benefits regulations, programs, and best practices in India
- Experience supporting other regions is a plus
- Prior hands-on experience with Mercer tools (or similar platforms) and compensation surveys
- Strong experience developing compensation/benefits documentation, FAQs, and program rollout plans
- Demonstrated ability to manage multiple priorities, work cross-functionally, and present insights to leadership