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08/02 Juie Bedekar
Senior Manager - Human Resources at Glenmark Pharmaceuticals Ltd

Views:974 Applications:261 Rec. Actions:Recruiter Actions:136

Glenmark Pharma - Senior Manager - Human Resources - International Compensation & Executive Compensation - IIM/TISS/XLRI/SCMHRD (8-12 yrs)

Mumbai Job Code: 889981

Senior Manager - Human Resources - International Compensation & Executive Compensation

Job Description :

- The Compensation and Benefits function is required to leverage compensation and benefits as a strategic driver of performance, retention and engagement globally.

- It focuses on the governance of total manpower cost of the organization including compensation, variable pay programs and other mechanisms.

C&B Programs :

- End to end management of Compensation programs across international locations, spread across APAC, MEA, LATAM, NA, CEE, RCIS etc.

- To handle salary revision and bonus process including strategic decision guidance with respect to budget allocation, employee eligibility and coverage. Prepare and review business cases for requests for salary increase

- To analyse compensation data in light of market benchmark and creating presentations for senior management to help them take budgetary decisions.

- Partner with Business HR towards driving business aligned rewards interventions

Manpower Budgeting :

- Support business units for International manpower cost budgeting process.

- Proposing system enhancement basis stakeholders feedback.

Executive Compensation :

- Provide support in working with internal talent acquisition team on executive offers.).

- Support on a variety of projects including program design, analysis, budgeting, and implementation of new programs

- Responsible for managing the company-wide annual compensation planning cycle, and ensures the successful delivery of performance-based rewards (merit, STI and LTI planning outcomes). Maintain repository to track payouts to Executives on an ongoing basis.

- Maintain inventory and records of executive employee agreements and other plan documents relating to executive compensation.

- Prepare standard and custom reports, analyses and summaries for use by management.

- Analyze executive compensation elements, levels and practices to evaluate market competitiveness. Researching compensation trends, Reports and topics related to the field of Executive compensation.

- Identifies areas for improvement and contributes to development of total rewards strategy for Executives

C&B Projects & Analytics :

- Involvement in C&B projects to streamline C&B processes.

- Supports the creation and maintenance of compensation process documents and Mobility trackers

- Maintain educational material - process documentation for compensation practices

Employee Contracts :

- Own International employee contracts, maintain centralized control of any contract revisions and variations.

Women-friendly workplace:

Maternity and Paternity Benefits

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