Novartis Hyderabad is looking for Senior Compensation Expert supporting Global level C&B operations.
The role is accountable for delivering following Compensation Services:-
1. Job Evaluation
2. Annual Benchmarking & Salary Range Development
3. Annual Compensation Review Cycle
4. Job Offer support
Job Location: Hyderabad
The Novartis Business Services Compensation Solutions Expert will be a member of the new Compensation & Benefits Team within the Novartis Business Services C&B CoE. This team is part of a larger HR Services team based in the Centre which will also provide other HR Services.
The role of the Novartis Business Services Compensation Solutions Expert is to provide cross-divisional Compensation solutions and services to HR customers within Novartis cross-divisionally primarily to the In-Country Cross-Divisional Comp Experts, HRBPs and Company Managers against an agreed Service Level Agreement. Customer Focus and Quality Improvement are integral to this role.
As the Service develops and the global Compensation Model evolves, the Team will support additional countries and become the subject matter experts on these cross-divisional activities. Future scope of the role may also include such activities as an element of local benefit and global mobility administration, and potentially some, survey vendor management.
Coordinate and support processes and standards for core Job Evaluation and Benchmarking services and solutions with the respective Practice Networks and IT as required
Help with conducting assessments of processes to investigate and define solutions that deliver business value and drive continuous improvement
Support / participate budget planning discussions and SLA process
Maintain documentation (work instructions) and plan updates as required
Propose enhancements / modifications / continuous improvement, handle change requests, perform knowledge management using appropriate tools
Monitoring & Control
Perform quality job evaluations within agreed timelines (including maintenance of the current job evaluation system) and act as a subject matter expert for all related topics to HRBP / In-Country cross-divisional Compensation Experts
Ensure job evaluation is performed according to Novartis principles/guidelines and process for assigned client group,
Ensure stakeholder management
Ensure consistency of role calibration across defined assigned area
Perform regular audits of new role evaluations within region
Keep close link with global GJFA lead
Together with external vendor, coordinate the annual compensation benchmarking activities and maintenance of salary ranges.
Participate in survey provider matching meetings where feasible
Manage survey vendor to ensure data submission to external surveys happens in line with Novartis principles, quality standards and contractual obligations
Validate the matches between Novartis jobs/ positions and external survey providers and ensure this is aligned with in-country C&B / HR. Validate salary ranges and propose them to countries, ensure the ranges are provided as input into the annual review process
Five years of experience in Compensation and Benefits essential
Benchmarking tool experience is desirable
Ability to work in a dynamic and fast-growing team high-learning agility
Potential to develop supervisory skills
Desirable – have worked in a HR Shared Services environment
Salary:INR 15,00,000 – 30,00,000 P.A
Industry:Pharma / Biotech / Clinical Research
Functional Area:HR , Recruitment , Administration , IR
Role Category:HR/ Recruitment / IR
Role:Pay Roll/Compensation Manager
Novartis Healthcare Pvt. Ltd.
5 – 10 yrs Hyderabad / Secunderabad
Compensation Benefits Job Evaluation Annual Benchmarking Salary Range Development Annual Compensation Review Cycle annual benefits review cycle annual payroll review cycle annual comp review cycle annual c&b review cycle
Desired Candidate Profile:
UG: Any Graduate – Any Specialization, Graduation Not Required
PG:Any Postgraduate – Any Specialization, Post Graduation Not Required
Doctorate:Any Doctorate – Any Specialization, Doctorate Not Required
Novartis Healthcare Pvt. Ltd.
A global healthcare leader, Novartis has one of the most exciting product pipelines in the industry today. A pipeline of innovative medicines brought to life by diverse, talented and performance driven people. All of which makes us one of the most rewarding employers in our field.