10 Aug
|
Emcure Pharmaceuticals
|
India
10 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 adaptable 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, approv
📌 Head of Compensation Benefits (India)
🏢 Emcure Pharmaceuticals
📍 India