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Compensation Cycle, Benchmark and Process Improvement Manager

4-9 years

Hyderabad / Secunderabad

Compensation Cycle, Benchmark and Process Improvement Manager

Amgen

posted 4hr ago

Job Description

What you will do

In this vital role you will is responsible for

  • Managing and optimizing the compensation cycle (Workday Compensation Admin).
  • Managing and optimizing the annual benchmark cycle
  • Driving efficiency and accuracy of the global compensation infrastructure, data, tools and systems by demonstrating automation, technology, and process enhancements


Annual Benchmarking Process
  • Manage participation in benchmarking surveys, data collection and processing in Market pay, vendor selection
  • Assess benchmarking results to identify trends and areas for improvement, recommend adjustments and support rollout of adjustments
  • Increase automated benchmarking by reviewing and managing master matching matrix, market pay improvements and job architecture opportunities
  • Model salary structures
  • Update and improve offer modelers based on the latest insights


Annual Compensation Cycle Management
  • Lead the planning, coordination, and implementation of the annual compensation cycle (member of the MAP Coalition Team)
  • Develop and implement timelines, testing, tools, and communication plans
  • Collaborate with compensation managers, HR, HRIS and finance to ensure the compensation cycle runs smoothly and data integrity is maintained
  • Provide reporting and analytics during and after the compensation cycle to evaluate outcomes, trends, and process improvement opportunities


Automation & System Optimization
  • Lead the identification, evaluation, and implementation of tools and technologies that improve the efficiency and automation of compensation-related recurring tasks (salary structures, job codes, bonus calculations, job evaluations)
  • Partner with HRIS, IT, and compensation teams to enhance the configuration and functionality of compensation modules within the company's HRIS (e.g., Workday)


Process Improvement
  • Review, map, and optimize current compensation processes to find opportunities for process improvement, automation, and increased efficiency
  • Support standard methodologies in workflow automation to ensure compensation processes are streamlined, repeatable, and scalable


Data Management & Integrity
  • Ensure accuracy and integrity of compensation data by improving data management processes, building validation mechanisms, and automating data reconciliation

Project Management
  • Manage and participate in automation and process improvement projects within the compensation function, from concept to implementation
  • Develop project plans, timelines, and budgets to ensure successful and timely implementation of initiatives

Partner Collaboration

  • Act as the primary liaison between compensation, HRIS, IT, and finance teams to ensure alignment on system requirements, business needs, and automation goals
  • Provide regular updates and communication to Key collaborators on process improvement initiatives and their impact on the business

Training & Change Management

  • Develop training materials and conduct training sessions for HR and compensation team members on new automated processes, tools, and systems
  • Lead organizational change initiatives to ensure successful adoption of new tools and processes by key collaborators

Compliance & Risk Management

  • Ensure that automated processes are aligned with legal, regulatory, and company-specific requirements (e.g., data privacy, FLSA, pay equity laws)
  • Implement controls and validation checks within automated systems to minimize errors and reduce risk


What we expect of you

We are all different, yet we all use our unique contributions to serve patients.

Basic Qualifications:

  • Doctorate degree OR
  • Masters degree and 4 to 6 years of compensation, HRIS, or process improvement, with a strong focus on automation and technology implementation OR
  • Bachelors degree and 6 to 8 years of compensation, HRIS, or process improvement, with a strong focus on automation and technology implementation OR
  • Diploma and 10 to 12 years of compensation, HRIS, or process improvement, with a strong focus on automation and technology implementation experience

Preferred Qualifications:

  • Experience with HR systems and compensation software (e.g., Workday) and knowledge of compensation processes
  • Project management skills, with a consistent track record of leading process improvement initiatives
  • Advanced Excel skills, with experience in building and managing data models, as well as proficiency in data analysis and reporting tools
  • Strong attention to detail, with a focus on data integrity and quality
  • Excellent communication and key collaborator management skills
  • Experience in organizational change and delivering training programs to ensure successful adoption of new processes and tools.

Employment Type: Full Time, Permanent

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