Compensation Benefits Manager New Delhi

Compensation Benefits Manager New Delhi

07 Nov
|
Wings Pharmaceuticals
|
New Delhi

07 Nov

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 & Advantages 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.
Solid Business Acumen, Discretion With Confidential Data And Stakeholder Management skills.

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

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