Job Purpose:

To manage Rewards, Compensation Design and Recognition programs for India by ensuring compliant compensation structures, implementing statutory changes, governing employee recognition programs, and partnering with internal and external stakeholders to deliver effective, compliant, and business-aligned Total Rewards solutions.

Authority:

Authority to provide subject matter expertise on statutory compensation and reward-related matters.

Responsibilities/Duties:
- Lead the design and implementation of compliant salary structures in line with the Code on Wages and other applicable Indian labour laws.
- Develop and review CTC structures for different employee categories, ensuring appropriate salary component bifurcation while balancing statutory compliance, taxation, business requirements, and cost optimization.
- Assess the impact of legislative and regulatory changes on compensation structures and recommend appropriate changes.
- Evaluate and implement changes to compensation structures, payroll practices,



and employee benefits arising from business or regulatory requirements.
- nterpret changes in labour legislation and assess organizational impact to ensure timely implementation.
- Provide subject matter expertise on EPF, ESIC, Bonus, Gratuity, Code on Wages, and other statutory compensation requirements.
- Partner with HR, Payroll, Finance, Legal, and external consultants to ensure compliant implementation of compensation-related initiatives.
- Support annual salary revision, promotion, and compensation review processes from a compensation design perspective.
- Manage statutory audits, compliance reviews, inspections, and stakeholder interactions relating to compensation and employee benefits.

Competency Requirement:
- Strong subject matter expertise in Indian Compensation Advantages.
- In-depth knowledge of the Code on Wages, EPF, ESIC, Bonus, Gratuity, and other labour legislations.
- Demonstrated experience in designing salary structures and CTC a

📌 Assistant Manager (Pune)
🏢 Fresenius Kabi
📍 Pune