Compensation Benefits Manager (New Delhi)

Compensation Benefits Manager (New Delhi)

15 Oct
|
Wings Pharmaceuticals
|
New Delhi

15 Oct

Wings Pharmaceuticals

New Delhi

Key Responsibilities

- Compensation &
- Market Intelligence

- Lead Compensation Benchmarking And Market Pricing Across Field Force, Plant And Corporate roles.

- Manage Salary Surveys (Aon, Mercer, Wtw), Job Matching And Comparator selection.

- Run Market Gap Analysis By Grade, Function And Location And Recommend corrections.

- Job Architecture &

Pay Structure

- Conduct Job Evaluation Using Ai Tools

- Design Salary Ranges With Sound Midpoint Progression And Range Spread / overlap.

- Monitor Compa-Ratio And Range Penetration To Guide Hiring, Promotion And Increment decisions.

- Pay Equity &

- Analytics

- Review Internal Equity And Run Periodic Pay Equity analysis.

- Define Pay Positioning And Build Compensation Models For Increments, Promotions And offers.

- Prepare Cost Impact Analysis And Total Rewards Dashboards For leadership.

- Compensation Programs

- Design Salary Structures, Sales Incentive Plans, Bonus And Retention programs.

- Manage Allowance Policies Such As City Compensatory, Relocation And accommodation.

- Performance Review &

- Esop





- Run The Annual Appraisal And Increment Cycle Using A Merit Matrix Linked To Ratings And Compa-ratio.

- Administer Esop Grants, Vesting And Exercise In Coordination With Finance And Legal.

- Benefits &

- Governance

- Manage Group Health, Life And Accident Insurance, And Statutory Perks (PF, Gratuity, ESIC).

- Maintain C&b; Policies And Ensure Compliance With The Code On Wages, Bonus And Gratuity Acts.

Required Skills

- 5+ Years Of HR Experience, Including At Least 5 Years In A Dedicated Compensation &

Benefits role.

- Pharmaceutical Or Healthcare Industry Experience Preferred, Especially With Field Force Pay And incentives.

- Hands-On Experience With Salary Surveys, Job Evaluation And Running An Annual Increment cycle.

- Advanced Excel And HR Analytics Skills
- Exposure To Power Bi And Hrms platforms.

- Strong Business Acumen, Discretion With Confidential Data And Stakeholder Management skills.

📌 Compensation Benefits Manager (New Delhi)
🏢 Wings Pharmaceuticals
📍 New Delhi

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