PhonePe

Compensation & Benefits Intern

InternshipHybridMysuru, Karnataka3 months20K/mo2 openingsImmediate / Rolling

About this internship

Join PhonePe in Mysuru as a Compensation & Benefits Intern. This entry-level internship is designed for students and recent graduates who learn best by building, shipping and getting real feedback on compensation and benefits work. About the role As a Compensation & Benefits Intern at PhonePe…

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Skills you'll use

Compensation BenchmarkingSalary StructuresAdvanced ExcelBenefits AdministrationMarket SurveysCost ModellingData AnalysisConfidentialityReportingAttention to Detail

What you'll do

Work on benchmarking pay against the market and modelling what a change to a band would actually cost alongside the core team
Apply Compensation Benchmarking, Salary Structures, Advanced Excel, Benefits Administration to live, production-facing problems
Document your work clearly for reviewers and stakeholders
Participate in reviews and act on the feedback you receive
Collaborate across engineering, product, design or business as required
Follow the team's quality, testing and documentation standards

Who can apply

Pursuing or recently completed BBA/MBA (HR or Finance), B.Com/M.Com, B.Sc (Statistics) or Economics graduate
Graduating batch 2026 or 2027 — final-year students and recent graduates welcome
60% / 6.0 CGPA and above preferred; strong project work is considered alongside academics
Working knowledge of Compensation Benchmarking, Salary Structures, Advanced Excel (or a genuine willingness to learn them)
Exposure to Benefits Administration, Market Surveys, Cost Modelling is an advantage
Clear written and verbal communication in English, and care with detail in your work
No prior work experience required — this is a fresher-friendly internship
Based in Mysuru, Karnataka or willing to work from there for the internship period

Perks & benefits

Flexible working hoursNetworking with senior professionalsInternship CertificateLetter of RecommendationMentorship from a named mentorStructured onboarding and a formal mentor at a large, established employer

Interview & selection process

3 rounds — typical selection flow for this role:

1Application screening & resume shortlisting by the talent team
2Technical interview on fundamentals and your projects
3HR discussion — stipend, start date, expectations and offer

About PhonePe

PhonePe operates in the fintech & payments sector and has an active presence in Mysuru. Interns here are put on real work from the start, because the team's view is that the fastest way to learn a craft is to practise it under people who already do it well — not to watch it from a distance. The…

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