02 Aug
|
Emcure Pharmaceuticals
|
India
02 Aug
Emcure Pharmaceuticals
India
Role : Head - Compensation & Benefits (Domestic & International)
Location – Pune India
Reporting To – HR and Corporate Strategy & Development Role Purpose
Lead the design, implementation, governance, and administration of Compensation & Benefits programs across domestic and international markets. The role will ensure competitive, compliant, and performance-driven reward frameworks that support business growth, talent attraction, retention, and employee engagement. Key Responsibilities
Compensation Strategy
Design and manage compensation structures, salary bands, grading frameworks, and reward policies.
Lead annual compensation review, merit increase, promotion, and bonus cycles.
Conduct market benchmarking and compensation surveys to maintain external competitiveness.
Drive pay equity, internal parity, and governance across organizations.
International Compensation & Mobility
Develop and administer compensation structures for international locations and global employees.
Manage expatriate compensation, international assignments, localization, and mobility policies.
Evaluate tax implications, social security requirements, and cost-of-living adjustments across countries.
Partner with global HR teams to ensure compliance with local labor and compensation regulations.
Benefits Management
Design and optimize employee benefits programs including insurance, retirement plans, wellness, and flexible benefits.
Negotiate and manage relationships with external benefit providers and consultants.
Drive benefits harmonization while ensuring local market relevance.
Incentive & Variable Pay
Design short-term and long-term incentive programs.
Manage sales incentive plans, executive compensation, retention bonuses, and recognition programs.
Monitor effectiveness and ROI of reward programs.
Governance & Compliance
Ensure adherence to statutory, tax, labor law, and regulatory requirements across domestic and international operations.
Establish compensation governance, policies, approval matrices, and audit controls.
Support internal and external audits related to payroll and rewards.
HR Analytics & Reporting
Develop compensation dashboards and reward analytics.
Provide insights on compensation costs, workforce planning, attrition, and reward effectiveness.
Support budgeting, forecasting, and manpower planning exercises.
Stakeholder Management
Partner with HR Business Partners, Finance, Payroll, and Business Leaders.
Advise leadership on compensation decisions, executive hiring, and retention strategies.
Act as a subject matter expert on rewards and benefits.
Desired
Profile
Education
MBA / PGDM in HR, Finance, or related discipline.
Certification in Compensation & Perks, Global Mobility, or Total Rewards preferred.
Experience
15+ years of experience in Compensation & Benefits / Total Rewards.
Strong exposure to both domestic and international compensation practices.
Experience in multinational organizations preferred.
Prior experience in global mobility and expatriate compensation management. Key Competencies
Compensation Benchmarking
Global Mobility & Expatriate Management
Job Evaluation & Grading
Variable Pay Design
Benefits Administration
Rewards Analytics
Budgeting & Forecasting
HRIS & Advanced Excel
Compliance & Governance
Stakeholder Management
Success Measures
Competitive and compliant compensation framework.
Improved reward effectiveness and employee retention.
Successful execution of annual compensation cycles.
Strong governance and audit compliance.
Seamless management of international compensation and mobility programs.
📌 Head of Compensation Benefits (India)
🏢 Emcure Pharmaceuticals
📍 India