Compensation & Benefits Specalist - Pharma

One of our clients, a major Pharma manufacturer is recruiting Compensation & Benefits specialist to be at Noida

Job Description:

- Compensation Philosophy, Total Rewards Framework Design & Implementation, Salary Benchmarking, Annual Base Pay, Variable Pay & Incentive Planning

- Employee Benefits Management

- HR Analytics/Dashboard

- Responsible for budgets approvals for annual increments, rewards, benefits etc.

- Annual Increments across locations

- Increment data: This helps the management for a better understanding of future increment budget, compare with the market(comparators), trends

- Attrition analysis

- Analytics on quality of hire

- Analysis on current compensation structures to implement any change in government regulations (Options to find the most cost effective structure)

- Responsible for all policies or processes related to compensation and benefits

- Responsible for external market compensation data from various sources (Market Intelligence, Participating in the Salary Survey's)

- Responsible for complete offer management