Manager - Compensation and Benefits

Description :

Leading pharmaceutical company of USA has an opening for a Manager and amp; Lead - Compensation and amp; Benefits, North America. This role reports to HR Head, North America and will interact with the US CEO, Finance and Payroll departments, all North America Human Resources team members, Employees and the HRIS Team in the Corporate Office. Additionally, the Lead - Compensation and amp; Benefits will partner with benefits brokers and vendors, btenchmarking organizations, and company and #x27;s payroll and benefits enrollment administrator (ADP).

We seek a candidate who thrives in a fast-paced, team-oriented environment to provide leadership and domain expertise in compensation and benefits skills.

It is an 86-year-old leading global pharmaceutical company dedicated to high-quality, branded, and generic medicines. Healthcare professionals and patients across geographies trust us. Over the last eight decades, we have strengthened our leadership in India and #x27;s pharmaceutical industry and fortified our promise of strengthening our global focus by consolidating and deepening our presence in the key markets of India, South Africa, the United States, and other economies of the emerging world. Driven by the vision, none shall be denied, it focus has always been on making affordable, world-class medicines with a reputation for uncompromising quality standards worldwide. Its one of the fastest growing generic organizations serving the US Market.

Requirements :

Responsible for strategic and day-to-day execution operations, including:

Participate in compensation surveys and conduct related analyses.

Research market competitive practices, providing recommendations.

Launch new programs or enhancements for competitive and innovative recognition and reward strategies.

Perform external and internal benchmarking for compensation, making recommendations to HRBPs and management during hiring, transfers, and promotion.

Perform equity audits to ensure fair, competitive, and performance-driven compensation.

Develop and manage pay structures

Create, monitor, and administer compensation programs such as incentive pay and bonus programs

Responsible for the design, administration, delivery, and ongoing support of employee Benefits programs, including:

Responsible for benefit renewals and vendor selection

Management the annual benefits open enrolment process.

Evaluate existing benefits programs and processes; recommend enhancements or improvements in support of strategic initiatives or as triggered based on business factors, benchmarking and/or legislative needs.

Ensure all aspects of benefits plans and processes are aligned with company and #x27;s mission of and #x27;Caring for Life. and #x27;

Lead employee Wellness agenda in coordination with HRBPs.

Ensure benefits-related documentation, supporting materials and communications are thoroughly reviewed for accuracy, updated promptly, and compliant with the respective plan or governmental regulations.

Manage benefits queries, including Leave of Absence (LOA) process management and administration

Requirements and amp; Preferred Skills, Competencies, and Experience:

Bachelor and #x27;s degree in Human Resources, Business, or a related field.

Professional Certification (CEBS, PHR, SPHR, CCP) is preferred.

Fundamental understanding of Benefits and amp; Compensation required.

Progressive experience in Human Resources, including compensation, with a strong experience in benefits.

A minimum of four (4) years of benefits experience is needed. Compensation experience of around 2-3 years is preferred.

Must have critical thinking and amp; issue resolution skills

Great attention to detail while having the ability to see the big picture.

Demonstrated ability to multi-task in a cross-functional setting

Flexibility in a fast-paced environment

Strong written, verbal, and presentation skills

Excellent interpersonal skills to collaborate with all teams in the U.S. and home office based in India

Proven track record of aligning compensation and benefits programs and processes with

business strategy

Advanced analytical skills, including an elevated level of proficiency in Microsoft Excel.

Pharmaceutical/Biotech/Healthcare industry experience is a plus.

Experience with HRIS Systems such as Success Factors and ADP is a plus.

To be considered for this position, you must apply and meet the requirements of this opportunity.

Benefits : Company is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, sex, sexual orientation, gender identity, religion, national origin, genetic information, disability, or protected veteran status.

Variable Pay - 15 % target of annualized salary , 5% $1 for $1 match of annualized salary for 401(k), 1000 wellness reimbursement per year (childcare, fitness), Medical, Dental, Vision