Compensation and Benefits Manager
IQVIAJob Description
Manager, Compensation & Benefits
Job Overview
Provide support for continuous improvement of the compensation/benefits function through development and implementation of all compensation/benefits programs in assigned region and business line. Provide expertise, support and consultation on compensation/benefits matters either locally, regionally, globally or by function with general guidance. Assist, as required, with the implementation of new and revised compensation/benefits programs, policies, procedures, in order to be responsive to the company’s goals and competitive practices. Assure company compensation/benefits programs are consistently administered in compliance with company policies and government regulations on a local, regional and global basis.
Essential Functions
• Participate in determining innovative and scalable solutions that can impact global programs.
• Ensures that compensation/benefit administration guidelines and practices are established to be externally competitive, consistent with company philosophy and are managed within the organization's financial plan.
• Designs and delivers compensation/benefits programs and solutions to support key business initiatives and goals.
• Manage staff in accordance with organization’s policies and applicable regulations. Responsibilities include planning, assigning, and directing work; appraising performance and guiding professional development; rewarding and disciplining employees; addressing employee relations issues and resolving problems. Approve actions on human resources matters.
• Manage the annual salary planning process and other merit increase programs (e.g. CRAs) for employees in assigned region and/or business line.
• Conduct market analysis and compensation studies and formulate recommendations on promotions and internal equity and market adjustments and external salary offers, as required.
• Participate in compensation and benefits market surveys.
• Provides internal consulting support to Human Resources and line management on complex compensation/benefits related issues.
• Collaborates with Human Resources, global compensation/benefits, and line management to develop and implement effective programs to enable managers to more effectively attract, retain, reward and motivate employees.
• Keep appraised of regional and local compensation and benefits laws and regulations in order to ensure company compliance.
• Participate, as required, in activities and initiatives associated with change management involving reorganizations, mergers/acquisitions and transfers to ensure compliance with local legislation.
• Provide reports and analysis as requested by senior management.
• Develops budget recommendations and forecasts costs for programs.
Qualifications
• Bachelor's Degree Req
• Seven (7) years of experience in the design and delivery of base pay, variable compensation, sales compensation and equity programs Req
• Knowledgeable on legislation impacting pay programs.
• Solid foundation in compensation theories and broad knowledge of practices.
• Strong analytical and program management skills.
• Ability to understand business strategy and plans and translate into pro-active compensation processes.
• Consultative skills, (i.e. idea marketing, negotiation, influencing, relationship building, conflict resolution and effective communication), and collaboration skills across organizations.
• Meets deadlines and commitments.
• Ability to handle sensitive information in a confidential manner.
IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide. Learn more at https://jobs.iqvia.com
IQVIA is committed to integrity in our hiring process and maintains a zero tolerance policy for candidate fraud. All information and credentials submitted in your application must be truthful and complete. Any false statements, misrepresentations, or material omissions during the recruitment process will result in immediate disqualification of your application, or termination of employment if discovered later, in accordance with applicable law. We appreciate your honesty and professionalism.
Experience Level
Senior LevelJob role
Job requirements
About company
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Dr. Infra Solutions LLPYou can expect a minimum salary of 0 INR. The salary offered will depend on your skills, experience and performance in the interview.
The candidate should have completed the required education and people who have 7 to 31 years are eligible to apply for this job. You can apply for more jobs in Bengaluru/Bangalore to get hired quickly.
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