Assistant Manager - Total Rewards/Compensation & Benefits - Healthcare

Key Responsibilities

Compensation & Benefits

- Lead the compensation and benefits portfolio for the India business (Manufacturing Plants, Sales and Central Functions)

- Regularly review the compensation structure and work on making it more competitive and employee-friendly

- Work extensively on planning and execution of merit planning and ensure a smooth closure on time including various activities of variable pay cycles, salary designing as per the Government norms and internal classification , preparing and distribution of Increment letters etc

- Conduct robust exercise on internal + external benchmarking on salary, job position, job grading etc to analyze and collect market-leading best practices and work to introduce the same in the organization.

- Be able to devise the Total Rewards Strategy for the organization

- Prepares the compensation and benefits budget, including the regular monitoring, reporting and adjusting of the budget

- Design and execute various incentive schemes

- Conduct the Job evaluation exercise - Job Grading and salary banding for the organization.

- Align and integrate the compensation system with local taxation, leave, medical administration etc.

- Develop, administer & benchmark employee benefit programs which include employee insurance programs, employee wellness programs and other general benefits as per HR policies.

- Execute and review HR policies and procedures for assigned departments and be responsible for implementing, monitoring and following up for non-compliance cases

- Policy benchmarking & design of new policies as per the prevailing labour laws and benchmark studies

- Design and implement multiple Reward & Recognition program

- Employee Insurances administration: Annual renewal process, Benchmarking to add more benefits, Monthly Addition Deletion, Handling queries and Settlement

- Support the Talent Acquisition team in salary fitment according to budget, salary ranges and Benchmark.

- Support with developing, managing, and delivering rewards-related training and communication for various stakeholder and leadership teams.

- Manage various HR projects in the areas of HRIS implementation and C&B etc

Expatriate Management:

- Outgoing Expat- Social Security maintenance, Visa and Other services, Gross up salary calculation & Payout, Tax working, Issuance of letters and contract

- Incoming Expat: Visa and Immigration Service, Relocation facility, Bank AC, PAN, FRRO and other documentation, Tax working - with external partners (Deloitte, PWC)

Payroll Administration & Audit:

- Oversee payroll process & compliances

- Handling both internal and external audit of HR, Gratuity and Leave valuation report

- Ensure timely and accurate completion of various activities: Checking of Payroll and Statutory reports, MIS, JV, Provision, Debit Notes and other reports to finance , Full & Final settlement, timely submission of returns, employee queries etc

HRIS and Vendor Management:

- Handle various vendor like Payroll, Company car leasing, employee insurance brokers, Tax consultant, gratuity & leave encashment actuarial, salary Benchmark and Statutory partners

- Supervise the maintenance and updating of personnel information of all employees to ensure accuracy (compensation & benefits package, personal files, leave, time and attendance records etc.)

- Assist in HRIS system related integration and projects

Key Competencies

- Analytical perspectives

- High internal motivation

- Teamwork skills

- Result oriented

- Oral and written communication skills are developed

- Negotiating and Influencing skills

- Should demonstrate a mind-set of continuous improvement

Educational Qualification and Experience

- Master degree in Human Resources

- An excellent command of written and spoken English

- Min 5 years of C&B background. Must have handled C&B tasks independently.

- C&B certification is preferred

- Systematic understanding of total rewards, as well as other HR functions

- It's preferable to have several years of exposure to similar industries, e.g. pharmaceutical or medical device industry.

- Knowledge about the International Human Resources Standards

- Good command of MS Office applications