HR Compensation and Benefit Specialist

Job Title:

HR Compensation and Benefit Specialist Location:

Lower Parel, Mumbai & Vashi, Navi Mumbai (On-site) Employment Type:

Full-time Experience:

3+ years CTC:

INR 4,00,000 – 5,00,000 LPA Department:

Human Resources Reports To:

HR Manager

About Arcot Group Arcot Group is a growing organization committed to innovation, integrity, and excellence. We are looking for a detail-oriented HR professional who can manage and optimize compensation & benefits, statutory compliance, payroll inputs, and end-to-end HR operations across both our Lower Parel and Vashi offices. This role is ideal for someone who is analytical, process-driven, and passionate about building fair, compliant, and transparent people practices. Role Overview The HR Compensation and Benefit Specialist

will own day-to-day HR execution across compensation & benefits, HR compliance, HRMS, and core employee lifecycle activities. This is a hands-on role supporting the HR Manager and business teams to ensure

accurate payroll inputs, 100% statutory compliance, smooth onboarding/offboarding, and timely employee support

across both locations. Key Responsibilities 1. Compensation & Benefits (Primary Responsibility) Manage and validate monthly compensation inputs including salary structures, CTC breakdowns, allowances, variable pay, and reimbursements. Provide timely payroll coordination inputs related to attendance, loss of pay (LOP), overtime, shifts, and statutory deductions to ensure accurate salary processing. Review and verify payroll reports to ensure

error-free salary processing

in coordination with Finance and HR Manager. Maintain and update compensation-related MIS reports and dashboards (headcount, CTC, increments, variable payouts, etc.). Manage employee benefits such as PF, ESIC, Gratuity, Insurance, Bonus, and leave entitlements in line with statutory and company policies. Conduct internal audits of compensation and benefits components to ensure compliance with labour laws and company policy. Support salary negotiation discussions for offers, revisions, and internal moves within guidelines defined by the HR Manager. Assist in setting up and maintaining a structured, fair, and compliant increment framework and salary bands for different roles. Respond to employee queries on salary, deductions, income tax components, reimbursements, and statutory benefits in a timely and professional manner. 2. HR Compliance & Statutory Operations Maintain accurate and updated employee records, personal files, attendance and leave data, and HR databases across both locations. Ensure compliance with statutory requirements including PF, ESIC, Professional Tax, Shops & Establishments Act, Bonus Act, Gratuity Act, and other applicable laws. Coordinate statutory filings and returns with external consultants, auditors, and government authorities. Prepare compliance documentation, HR letters, notices, and audit reports; support internal and external HR / labour audits. Ensure HR policy adherence, maintain updated policy documents, and support implementation and communication across teams. Maintain confidentiality, accuracy, and proper archival of all HR files, contracts, and compliance documents. Assist in

POSH compliance

support – ensuring trainings, communication, and documentation are maintained as per law (in coordination with the Internal Committee / HR Manager). 3. HR Operations & HRMS Administration Manage day-to-day HRMS activities (e.g., GreytHR) including attendance, leave, master data updates, and workflow approvals. Coordinate with IT and Admin for creation/deactivation of IDs, email accounts, and access during joining and exit. Support periodic HR data clean-up, audits, and system improvements to ensure data accuracy and better reporting. Generate regular HR reports for management (headcount, attrition, joiners/exit, leave trends, overtime, etc.). 4. Recruitment & Onboarding Support Coordinate end-to-end onboarding: documentation, background checks, HR induction, and system setup. Publish job postings on job portals and social media as per hiring plan shared by HR Manager. Conduct initial screening of CVs, schedule interviews, manage interview coordination, and maintain candidate records. Prepare and issue offer letters, appointment letters, and related joining documentation. Maintain structured onboarding checklists to ensure 100% compliance, completeness, and a smooth joining experience for all new hires.

5. Exit Management & Employee Lifecycle Manage offboarding activities including resignations, exit interviews, full & final settlement coordination, documentation, and asset recovery. Maintain exit checklists and ensure all clearances, documentation, and settlements are completed within TAT. Capture and share exit feedback trends with the HR Manager for continuous improvement actions. 6. Employee Engagement, Communication & Grievance Handling Support employee engagement initiatives, team activities, celebrations, and culture-building programs at both locations. Address and route employee grievances related to compensation, HR policies, or workplace concerns with professionalism and empathy; escalate complex matters to the HR Manager. Promote awareness of HR policies, statutory guidelines, and compensation structures through regular communication and sessions. Contribute to a positive, transparent work environment built on trust and open communication. Key Skills & Requirements Bachelor’s degree in HR, Commerce, or related field (MBA in HR preferred). Minimum 3 years of experience in compensation & benefits, HR operations, or payroll coordination. Strong understanding of salary structures, CTC components, statutory benefits, and Indian labour laws. Proficiency in MS Excel (VLOOKUP, Pivot Tables), HRMS tools, and documentation management. Hands-on experience with GreytHR and/or other HRMS systems is mandatory. Excellent communication, analytical, and problem-solving skills. High attention to detail, accuracy, and confidentiality in handling employee data. Ability to multi-task and manage HR operations across two locations. Why Join Arcot Group Opportunity to specialize in Compensation & Benefits while gaining full exposure to HR operations, compliance, and employee relations. Hands-on learning across payroll, statutory compliance, audits, and employee relations in a growing organization. Supportive and collaborative work culture with clear growth opportunities into senior HR and managerial roles.