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09/03 HR
HR at Glenmark Pharmaceuticals

Views:1037 Applications:273 Rec. Actions:Recruiter Actions:21

Glenmark Pharmaceuticals - Lead - Rewards (8-15 yrs)

Mumbai Job Code: 1230532

Rewards Lead (India)

Responsibilities :

C&B Programs:

- Coordinates C&B processes like the salary planning, bonus planning, new benefits introduction, etc. for India

- Review and implement changes in Compensation structure in the preview of changes taking place in Labour laws and other regulations and best practices followed in the market.

- To analyze compensation data in light of market benchmarks and advice senior management on budgetary decisions

- Design compensation structures that are compliant and tax effective.

- Trains line managers in the complex usage of different Compensation & Benefits policies

- Conduct ongoing research into emerging trends, issues and best practices

- Conduct periodic audits and prepare reports

- Designs and develops compensation policies

- Leads and manages compensation projects for the entire organization

Manpower Budgeting :

- Support business units for India manpower cost budgeting process

- Supports the Global Manpower Consolidation & Reporting

- Periodic review and publishing of variances in the Global Manpower Budgets

Compensation Analytics and Reports :

- Data Integrity of employee database in HR Systems

- Design best in class compensation analytics to drive data backed decisions

- Partner with business units in specific intervention aligned to business requirements

- As an SME, introduce best in class best compensation management practices

Women-friendly workplace:

Maternity and Paternity Benefits

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