Associate Consultant - Compensation

About Vanguard
Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe—directly, through workplace plans, and through financial intermediaries.

Vanguard’s India Office

Vanguard’s office in India is a significant milestone in our global expansion. We are committed to establishing an enduring technology center in Hyderabad, Telangana and are excited to be adding talent who will focus on Artificial Intelligence (AI), mobile, and cloud-based technologies that drive our business outcomes and deliver a world-class experience for our clients.

Role Summary

This role provides consultation and support to business leaders regarding compensation programs, analysis, budget plans, and implementation, and links internal compensation strategies to business goals. This role also ensures that compensation practices remain competitive, compliant, and aligned with organizational talent strategies.

Responsibilities

1. Serves as a consultant to management in aligned business unit regarding policy and compensation interpretation, as well as in the annual salary planning process. Implements compensation programs, following established standards and policies so these programs are administered effectively and in accordance with the compensation strategy.
2. Plans, develops and implements new and revised compensation programs, following established standards and policies so these programs are administered effectively and in accordance with regulations. Integrates compensation to support transformations and other critical talent strategies to meet the organization's goals and competitive practices.
3. Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay trends based on findings. Owns market competitive benchmarking for defined business area and its application to compensation practices and strategies.
4. Reviews reports and audits the organization's compensation programs to ensure they are consistently administered in compliance with the organization's policies and government regulations.
5. Coaches and contributes to the development of compensation analysts.
6. Partners with HR business partners and finance teams to align compensation budgets with overall workforce planning and cost management strategies.
7. Utilizes HR analytics tools and dashboards to derive insights and improve decision-making related to pay structures and incentives.
8. Supports pay equity analysis and ensures fair and inclusive compensation practices across employee groups.
9. Stays updated on industry trends, regulatory changes, and best practices to continuously enhance compensation frameworks.
10. Participates in special projects and performs other duties as assigned.

Qualification & Skills

• Minimum 5 years related work experience.
• Undergraduate degree or equivalent combination of training and experience (e.g., B.E./B.Tech, BBA, B.Com or equivalent in a relevant field such as Human Resources, Finance, Business Administration, or related discipline).
• Postgraduate qualifications such as MBA (HR), PGDM in Human Resources, or equivalent are preferred.
• Progress toward CCP (Certified Compensation Professional) preferred or equivalent certifications relevant to compensation and benefits (e.g., certifications offered by WorldatWork or Indian HR bodies like SHRM India/CIPD).

Location

This role is based in Hyderabad, Telangana at Vanguard’s India office. Only qualified external applicants will be considered.

Our mission

Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

Our commitment to you

Vanguard takes the same long-term view of your success—at work and in life—with Benefits and Rewards packages that reflect what you care about, throughout all the phases and stages of your life. Our Total Rewards programs provide you and your loved ones with wellness support for key areas in your life:

Financial wellness
We're committed to enabling your financial success and provide competitive offers and programs.

Physical wellness
We're committed to providing benefits that support your physical health and wellness.

Personal wellness
We're committed to providing resources that help support the full scope of your life.

How we work

Vanguard has implemented a hybrid working model for most of our employees (crew members), designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.