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1 MSD Pharmaceuticals Job

Senior Manager - Compensation & Benefits

5-10 years

Hyderabad / Secunderabad

1 vacancy

Senior Manager - Compensation & Benefits

MSD Pharmaceuticals

posted 23hr ago

Job Role Insights

Flexible timing

Job Description

Senior Manager - Compensation & Benefits

  • Compensation & Benefits CoE (C&B CoE) is responsible for designing, developing, and Implementing compensation & benefits programs and policies that attract, engages and retain the best talents for our company.
  • This team is part of the APJC Regional C&B team (part of International C&B organization, which supports our company operating outside of the US) and would be part of few C&B categories globally as per the International C&B structure. This role would be reporting to India C&B leader.
  • The scope of works covers but is not limited to base salary management, short term incentives, long term incentives, job evaluation, merit budget, allowances, awards, benefits programs, retirement pension plans, executive compensation, sales incentive plans, year-end compensation planning and related processes, etc.

Roles & Responsibilities

  • Serves as an internal consultant to HR team to resolve compensation issues and provide recommendation. This includes the design and implementation of compensation and benefit and wellbeing programs for all employees.
  • Be a team lead / team member of international regional C&B projects (e.g. SIP review program, Data digital and Market Intelligence) Implements our global rewards policies and programs in India tech centre while meeting local statutory requirements and business needs.
  • Conducts market intelligence to understand competitive market practice; identify gaps and opportunities and recommend enhancements to ensure we are market competitive.
  • Plans and develops annual salary budgeting and provide guidance of total compensation planning for managers in alignment with Global guidance as well as supports regular off cycle pay reviews.
  • Supports communication of total rewards programs to enhance the perceived value of the programs.
  • Partners with HR Business Partners/Talent Acquisition team on to ensure consistency with global guidelines.

Employment Type: Full Time, Permanent

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What people at MSD Pharmaceuticals are saying

Senior Manager salary at MSD Pharmaceuticals

reported by 31 employees with 7-17 years exp.
₹21 L/yr - ₹42.9 L/yr
43% more than the average Senior Manager Salary in India
View more details

What MSD Pharmaceuticals employees are saying about work life

based on 253 employees
84%
36%
47%
100%
Flexible timing
Alternate Saturday off
Within city
Day Shift
View more insights

MSD Pharmaceuticals Benefits

Health Insurance
Job Training
Soft Skill Training
Education Assistance
Work From Home
Cafeteria +6 more
View more benefits

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Senior Manager - Compensation & Benefits

5-10 Yrs

Hyderabad / Secunderabad

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