Specialist - Compensation & Benefits/Rewards - Pharma

Purpose: Develop, implement, govern and manage local Compensation & Benefits systems, programs and processes for assigned countries. Participate in the development, implementation, governance, and management of global Compensation & Benefits tools, programs, and processes.

Key Responsibilities : 

Increments :

- Manage the merit increase process for assigned Geographies/Units end to end including communications and awareness sessions for business HR partners and business leaders

- Actively participate in budgeting and recommendations for merit increases

Benchmarking :

- Manage local surveys and create a compensation benchmark for a position or a group of positions.

- Advise and consult with HR Business Partners as well as Business Leaders on the basis of the results.

- Create comp package proposals, consult and advise on banding as required

- Executive Compensation: Facilitate and implement executive compensation, related programs and processes including related long term incentive plans

- Variable Pay Programme: Design of variable pay programs

- Benefits: Knowledge of working on insured and non-insured benefits across geographies.

Communication & Capacity Building :

- Implement, improve, communicate local Compensation, Benefits

- Collaborate with HR Services to enable excellent administration of Compensation, Benefit policies, tools, and processes.

- Refine standardized reports to relevant analysis

- Provide technical and process training to HR where applicable

- Create, Prepare, deliver local/individual communication on global, local and strategic

Education and Experience:

- Full-time MBA (HR specialization preferred)

- Total HR experience of 6-8 years with minimum of 4 years in C&B (mandatory)