Compensation and Benefits HR Administrator
Version1 · Bengaluru, IN
Skills in this posting
Benefits
The posting
This is an excellent opportunity for an HR professional looking to broaden their expertise within the Compensation & Benefits function. The role offers extensive exposure to the diverse range of benefits provided by Version 1 to employees globally, while supporting key change initiatives and continuous improvement programmes.
The role ensures accurate execution of reward processes, data integrity, policy compliance, and a positive employee experience through efficient administration of compensation and benefits activities.
The role works closely with HR, Payroll, Finance, Talent Acquisition and external benefit providers to support delivery of the organisation's Total Rewards strategy.
The successful candidate will be responsible for
Administering employee benefits programmes, including pensions, medical insurance, life assurance, and associated payroll processes.
Manage day-to-day administration of employee benefit programmes.
Maintain compensation records within HR systems and ensure data accuracy.
Acting as the first point of contact for Compensation & Benefits queries, ensuring timely resolution or escalation to the appropriate team members where required.
Providing guidance and support to employees and managers on Version 1's Compensation & Benefits policies and procedures.
Maintaining and updating HR systems accurately, ensuring data integrity, confidentiality, and compliance with GDPR requirements.
Process retention awards, one-off payments, allowances and incentive payments.
Delivering effective HR administration support, including report generation, document management, and responding to employee and business requests.
Supporting the wider HR team with key projects, process improvements, and other ad hoc responsibilities as required.
Data Management & Reporting
Maintain accurate reward and benefits information within HRIS systems.
Conduct regular audits of compensation and benefit data.
Generate monthly, quarterly and annual reward reports.
Support payroll reconciliation activities related to compensation and benefits.
Produce dashboards and management information for HR leadership.
Monitor key reward metrics including participation rates, costs and utilisation trends.
Bachelor's degree in Human Resources, Business Administration, Finance or related discipline.
4-5 years of experience in Compensation & Benefits, HR Operations, Payroll or Rewards Administration.
Strong interpersonal and communication skills
Strong Microsoft Excel skills and Power BI skills including reporting and data analysis.
Ability to deliver high levels of performance and service excellence while managing high volume workload
Experience with Workday, BambooHR, SAP SuccessFactors or similar HR systems.
Previous experience operating in a multi-country services organisation would be beneficial
Personal Qualities
An obvious and evident “can-do” positive attitude
Attention to detail and customer focus
Excellent listening ability, asks clarifying questions and meets committed deadlines
Tenacious and resilient style
Effective communication and continuous improvement mindset
Why Version 1?
At Version 1, we believe in providing our employees with a comprehensive benefits package that prioritises their wellbeing, professional growth, and financial stability.
Share in our success with our Quarterly Performance-Related Profit Share Scheme, where employees collectively benefit from a share of our company's profits
Strong Career Progression & mentorship coaching through our Strength in Balance & Leadership schemes with a dedicated quarterly Pathways Career Development programme
Flexible/remote working, Version 1 is tremendously understanding of life events and people’s individual circumstances and offer flexibility to help achieve a healthy work life balance
Financial Wellbeing initiatives including; Pension, Private Healthcare Cover, Life Assurance, Financial advice and an Employee Discount scheme
Employee Wellbeing schemes including Gym Discounts, Bike to Work, Fitness classes, Mindfulness Workshops, Employee Assistance Programme and much more. Generous holiday allowance, enhanced maternity/paternity leave, marriage/civil partnership leave and special leave policies
Educational assistance, incentivised certifications, and accreditations, including AWS, Microsoft, Oracle, and Red Hat
Reward schemes including Version 1’s Annual Excellence Awards & ‘Call-Out’ platform.
Environment, Social and Community First initiatives allow you to get involved in local fundraising and development opportunities as part of fostering our diversity, inclusion and belonging schemes.
And many more exciting benefits… drop us a note to find out more.
Version 1 is an equal opportunities employer.
We are committed to building a diverse, inclusive and respectful workplace where everyone feels valued and able to thrive. We welcome applications from people of all backgrounds, identities and lived experiences, and we value the different perspectives people bring including those shaped by disability and neurodiversity.
We want every candidate to have a positive and accessible recruitment experience. If you need reasonable adjustments at any stage of the process, please contact your recruiter at Version 1. We will consider all requests carefully, respectfully and confidentially.
Video links
https://www.youtube.com/watch?v=F_d3ELTH5zo
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