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Manager - Rewards
Glenmark Pharmaceuticals
posted 23d ago
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Flexible timing
Key skills for the job
Job Description
The Compensation and Benefits CoE is required to leverage compensation and benefits as a strategic driver of performance, retention and engagement globally. It focuses on the governance of total manpower cost of the organization including compensation, benefits, variable pay programs and other mechanisms.
The role is expected to drive effectiveness in ensuring a standardized approach to compensation across India including pay structures. This role will also be responsible for researching, establishing, designing & maintaining a companys pay system as per philosophy. Exposure to salary bench-marking survey. The role holder will be responsible for annual manpower budgeting process, predictive manpower analytics. The role holder will also support implementing and administering a comprehensive health and wellness strategy for Glenmark
Role and Responsibilities :
C&B Program:
- 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.
- Supports in providing Global salary survey submissions and reporting. Develops and reviews pay range across global roles
- Manage and coordinate with all stakeholders: Generalist teams, Specialist teams, HR Service Delivery and Business Support to enable the delivery
Manpower Budgeting:
- Support business units for Global manpower cost budgeting process.
- Creation and presentation of monthly predictive analytics forecasting end of year manpower costs and long range manpower cost movements
Compensation Analytics and Reports: - HR Analytics and reporting all functional areas C&B, Manpower Panning
Employee Wellness:
- Drives planning, developing and coordinating comprehensive employee wellness program.
- Coordinates activities with internal teams
- Creates awareness and promotes participation by developing creative strategies that increase participation
- Monitors effectiveness of programs, including return on investment results
- Develops and maintains partnerships with external agencies and resources
ESG & Inclusion & Diversity :
- Planning & driving Social (ESG) related actionable in the organisation
- Driving I&D globally
- Annual Reporting & participation in ESG Surveys
Educational Qualifications: Master s degree in Human Resources
Experience : 5+ years relevant HR experience
Knowledge and Skills :
- Understands Business and people
- In-depth understanding of compensation, benefits as a driver of business.
- Ability to drive decisions through data based insights and analytics
- Ability coordinate the development and implementation of Wellness Programs across the organization
- Excellent Project Management and MS Excel skills.
Employment Type: Full Time, Permanent
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People are getting interviews at Glenmark Pharmaceuticals through
People are getting interviews through
(based on 84 Glenmark Pharmaceuticals interviews)
Referral
Job Portal
Walkin
Company Website
Campus Placement
Recruitment Consultant
30%
23%
20%
8%
4%
2%
13% candidates got the interview through other sources.
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What people at Glenmark Pharmaceuticals are saying
Rating based on 20 Manager
reviews
Anonymous · Regulatory Affairs
in Mumbai
Likes
Excellent
Dislikes
Nothing to say about dislikes, it is a very good organization
Read 20 reviewsManager salary at Glenmark Pharmaceuticals
reported by
109
employees
with 11-19
years exp.
₹12
L/yr - ₹23.4
L/yr
11%
more
than the average Manager Salary in India
View more details
What Glenmark Pharmaceuticals employees are saying about work life
based on 2.7k employees
Flexible timing
Monday to Saturday
Within city
Day Shift
Glenmark Pharmaceuticals Benefits
View more benefits
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