specialist in compensation and benefits
Novo Nordisk Centre (India) Pvt Ltd

LOCATION
: Bangalore, Karnataka
VACANCIES
: 1
QUALIFICATION
: Graduate,Post Graduate
APPLICABLE
: Experienced
EXPERIENCE
: 8 Years - 12 years
CONCERN PERSON
: Manish Mazumder
WEBSITE
: Manish Mazumder
 

JOB DETAILS              
As a Specialist, you will be an individual contributor supporting various activities which includes participating in annual & ad-hoc compensation & benefits surveys and Participating in annual salary review and incentive review budget process. Building Salary ranges for countries where we have presence, drawing inferences from the market data and recommending to the Business partners. Developing and implementing data analyses, data collection systems and other strategies that optimise statistical efficiency and quality Ensure and support the preparation of high-quality data output Building Salary ranges for all the Regions that we support. Providing recommendations on the salary ranges and range penetration which can drive decisions making for the business Driving the Annual compensation review cycle - starting from putting the templates together, validating the inputs from HR, taking corrective measures to ensure right data in fed into planning too, guiding the P&O in ensuring smooth comp cycle Building Compensation Dashboards which leads into decision making Job Architecture exercise for our employees Evaluation of Jobs and ensuring levelling is done accurately LTI Benchmarking for our Exec positions STI Benchmarking for employees Participating in Compensation Salary surveys Participating in Benefits surveys Sales Incentive Projects Provide and engage in robust decision-making support to Management Provide recommendations for management strategic decision making, based on analysis and impactful communication of insights derived from secondary data - and collaborate with department colleagues to integrate primary data insights in analyses Establish and maintain business partnership with key stakeholders On-going collaboration with HQ, Regions and affiliates, in order to be updated on key requirements and insights Co-ordination of and participation in cross-functional projects

COMPANY DETAILS              
Novo Nordisk is a global healthcare company with more than 90 years of innovation and leadership in diabetes care. This heritage has given us experience and capabilities that also enable us to help people defeat other serious chronic conditions: haemophilia, growth disorders and obesity.