Manager, Compensation and Benefits

Job Description

Primary Job Function Describe in 3-4 short sentences the responsibility and authority of the job. T h e role is a par t o f t he C&B I n di a te a m a n d w i l l h a ve t h e r es p o n sib i l ity of m a nagin g t h e compe n s at i on a n d ben e fits rel a t e d a ctivities f or t h e orga n i z ati o n T h is ro l e wi l l in d epende n t ly m a nage compen s at i on co n s ul t i ng f o r the specific business EPD b u sin e sses in I n di a, manage benefits and wellness projects along with Projects Core Job Responsibilities C&B Cons u l t ing: P r ovi d e re g ul a r compen s at i on a n d ben e fits con s u lt i n g su ppo rt to defined b u si n esses to e ns u re that a ll d e c isions an d a c t i ons r e l a t e d t o C&B are i n line w i th Ab b ott p h i l o s op hy a n d guid e li ne s . P r ovi d e r ec om m enda t i o n s an d s uppor t d e c isi o n makin g f o r various pa y actions (jo b o ffe r s , p r om o t i ons, e qu it y i ncre a se s , bonus b uy ou t s , et c . ) by u ti l i z i n g s u rv e y s ou r c es, mar k e t r ef e ren ce s , in t e r n a l equ i ty, an d other da t a as ap pr op ri ate C&B P o l ic ies: R ev i ew p ro c esses a n d po l ic i es to r ec o m m end a p p r o p riate c ha n g e s . Sup p or t i n har m o n i z a ti o n of po l ici e s a n d p r o ce s s e s a s r e qu i r ed Jo b Ev a l u at i o n: Man a ge j o b evaluation requests f r o m b u si n ess f or ne w / ex i s tin g posit i on s an d r e com m e n d sal a ry g rad e s as a p p ro p r iate. Support business and myHR in ensuring correct grade fitment for roles C&B Initiat i ves & P r o j e c t s : Manages sp ec i a l co m pe n sati o n an d b enefits p ro j e c t s includin g r e - organ i z ati o n s, g o ve r nm e n t -m a n d ate d c h a n g e s , e t c . Supervisory/Management Responsibilities Individual Contributor Position Accountability / Scope The role reports to the Associate Director, Compensation and Benefits, EPD India Minimum Education The role requires an MBA from a good college with a specialization in HR. Additional qualifications related to C&B are desirable Minimum Experience/Training Required 4 yea r s of experience as Hum an R e so u r c e s p r ofessi o n a l w i th minimum of 1 years in Comp role Knowledge o f f u nda m e nt a l a sp e c t s o f com pens at i on ( base pay, l o n g - t e rm in cen t ive p r og r a ms, ann u al ince nt i v e p r ogr a ms etc.) Sh o uld have w or k e d w i th r e pu t ed India n /Mult i n a t i o n al o rga n i z ations JOB FAMILY: Compensation & Benefits DIVISION: CHR Corporate Human Resources LOCATION: India > Mumbai : BKC Building TRAVEL: Yes, 25 % of the Time t