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94 Glenmark Pharmaceuticals Jobs
Sr. Manager - Rewards
8-13 years
₹ 16 - 23.25L/yr (AmbitionBox estimate)
This is an estimate of the average salary range for this
position. It has not been reviewed by the company, and
the actual salary may differ.
Mumbai
1 vacancy
Sr. Manager - Rewards
Glenmark Pharmaceuticals
posted 5mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
The Compensation and Benefits function is requiredto leverage compensation and benefits as a strategic driver of performance,retention and engagement globally. It focuses on the governance of totalmanpower cost of the organization including compensation, benefits, variablepay programs and other mechanisms. The role is expected to drive effectivenessin ensuring a standardized approach to compensation across India including paystructures, contracts, hiring ranges. This role will also be responsible forresearching, establishing, and designing maintaining a companys paysystem as per philosophy. Exposure to salary bench-marking survey, leadingannual increment / bonus payouts. Therole holder will also be responsible for annual manpower budgeting processincluding automation, predictive manpower analytics and manpower long rangeplans. Responsibilities: CB Programs:
o Coordinates CB processes like the salaryplanning, bonus planning, new benefits introduction, etc. for India
o Review and implement changes in Compensationstructure in the preview of changes taking place in Labour laws and otherregulations and best practices followed in the market.
o To analyse compensation data in light of marketbenchmarks and advice senior management on budgetary decisions
Design compensation structures that are compliantand tax effective. Trains line managers in the complex usage ofdifferent 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 theentire organization Support business units for India manpower costbudgeting process Supports the Global Manpower Consolidation Reporting Periodic review and publishing of variances in theGlobal Manpower Budgets Compensation Analytics and Reports Data Integrity of employee database in HR Systems Design best in class compensation analytics todrive data backed decisions Partner with business units in specificintervention aligned to business requirements Asan SME, introduce best in class best compensation management practices Educational Qualifications
Master sdegree in Human Resources 8+ year s relevant HR experience. Knowledge and Skills ( In-depthunderstanding of compensation, benefits as a driver of business. Thoroughunderstanding of contemporary compensation and benefits practices in India Abilityto drive decisions through data based insights and analytics ExcellentProject Management and MS Excel skills. Comfortwith in working with management with high influencing skills Excellent Communication skills, both written andspoken Abilityto effectively interface with multiple Highly organized and disciplined self-starter whois able to prioritize multiple tasks and deliver to deadlines.
Ability to work with multiple audiences, whilebuilding strong personal networks across a complex, consensus-drivenorganization Exceptional attention to detail highly organizedwith excellent follow-through and delivery Employment Type: Full Time, Permanent
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Top Glenmark Pharmaceuticals Manager Interview Questions
Q1. If you come across a subordinate who is good at his Sales performance but very bad at administration works including work reporting. How you ... read more
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What people at Glenmark Pharmaceuticals are saying
Rating based on 23 Manager
reviews
Anonymous · Media Production & Entertainment
in Gangtok
Likes
Working culture is good. We are respected eachother.Our word impacts.
- Salary - Excellent
+6 more
Dislikes
Poor budget sanction for opex.
Manager salary at Glenmark Pharmaceuticals
reported by
156
employees
with 8-20
years exp.
₹11.1
L/yr - ₹24
L/yr
12%
more
than the average Manager Salary in India
View more details
What Glenmark Pharmaceuticals employees are saying about work life
based on 2.9k employees
Flexible timing
Monday to Saturday
Within city
Day Shift
Glenmark Pharmaceuticals Benefits
View more benefits
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