Head - Compensation & Benefits - Pharmaceuticals/Manufacturing Firm

Our Client - A Leading Manufacturing Company based out of South Bombay is looking to hire a Head - Compensation & Benefits. We are looking for candidates with End to End experience in Compensation & Benefits.

International Comp Exp, PMS, & Payroll experience would be added advantage.

Reporting - CHRO

Team - 2 to 3

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 analyse 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