6 Market Benchmarking Jobs

Job Description Job Overview Support total rewards community of excellence for Piramal Pharma Limited even as we grow organically and inorganically to ensure superlative employees experience Key Stakeholders: Internal : Corporate HR Team, Senior Leadership Team, Business HRs Key Stakeholders: External: Consultants and various service providers Reporting Structure : Group Head Total Rewards Experience: Minimum 6 years of experience in Compensation & Benefits Competencies Experience in job analysis/evaluation, market benchmarking, C&B policies, year end annual review cycle etc. Exposure to managing senior level compensation (possibly with some understanding of stock option plans), regulatory issues etc. Exposure to comp interventions like retention, guarantees, buy back etc. is desirable but not essential. Experience in Global Mobility & Compensation preferred Key Roles/Responsibilities Compensation & Benefits: Design, develop & implement Global Rewards solutions for all businesses. Ensure Competitiveness of Reward Programmes , design the reward p hilosophy and keep it contemporary. Ensure comprehensive compensation benchmarking and alignment of compensation structures. Undertake benefits and best practices in rewards benchmarking in India and other countries like US, Canada, UK and European Markets. Design innovative rewards programmes to enhance the Piramals EVP and instill a Performance culture. Revamping Recognition Programme . Sales incentive redesign, retention Plan for top performers and critical talent, etc Liaise with external agencies such as Aon Hewitt, Mercer, Towers Watson etc. To conduct market assessments/ benchmarking and compensation consulting in line with business needs. Responsible for proposing and executing change with respect to C&B policies and guidelines Performance Management Reviewing and redesigning the Performance Management process in alignment with best industry practices and driving Performance Driven culture in alignment to our vision. Responsible for managing the KRA setting process, mid year review and year end annual review cycle as process custodian, working closely with Business HR to ensure that process standardization and timeline adherence is achieved. Publish the Goals & STI Setting Calendar, Facilitate Quality Audit of Goals & STIs Sheets within timelines Planning and implementing Corporate Training Calendar with respect to PMS implementation and guidelines. And the requisite cascades/ communication is as per plan Process Champion for the Online Performance Appraisal process of the organization. Responsibilities include inducting employees on the appraisal process, developing an online system, assisting managers with implementation of the process, conducting calibration meetings with HODs and handling employees queries and anxieties Creating Competency framework and responsible for job analysis/ evaluation as and when required for new positions/ promotions/ ungraded roles etc. Job Analysis Workshops; Evaluation of jobs using Mercers methodology. Partner with Business Hr and Business Heads for initial diagnosis assessment existing Organization Structure & grades; Analysis of job roles (Job Analysis), design new or modify existing structures/ grades to align with business needs. Identification of critical resources. Qualifications MBA in Human Resources from Tier 1 institute with minimum 6 years of experience in Compensation & Benefits About Us In the three decades of its existence, Piramal Group has pursued a twin strategy of both organic and inorganic growth. Driven by its core values, Piramal Group steadfastly pursues inclusive growth, while adhering to ethical and values-driven practices. Equal employment opportunity Piramal Group is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, ethnicity, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetics, or other applicable legally protected characteristics. We base our employment decisions on merit considering qualifications, skills, performance, and achievements. We endeavor to ensure that all applicants and employees receive equal opportunity in personnel matters, including recruitment, selection, training, placement, promotion, demotion, compensation and benefits, transfers, terminations, and working conditions, including reasonable accommodation for qualified individuals with disabilities as well as individuals with needs related to their religious observance or practice. About The Team Piramal Pharma Limited (PPL) offers a portfolio of differentiated products and services through end-to-end manufacturing capabilities across 15 global facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions (PPS), an integrated Contract Development and Manufacturing Organization; Piramal Critical Care (PCC), a Complex Hospital Generics business, and the India Consumer Healthcare business selling over-the-counter products. PPS offers end-to-end development and manufacturing solutions through a globally integrated network of facilities across the drug life cycle to innovators and generic companies. PCCs complex hospital product portfolio includes inhalation anaesthetics, intrathecal therapies for spasticity and pain management, injectable pain and anaesthetics, injectable anti-infectives, and other therapies. The Indian Consumer Healthcare business is among the leading players in India in the self-care space, with established brands in the Indian consumer healthcare market. In addition, PPL has a joint venture with Allergan, a leader in ophthalmology in the Indian formulations market. In October 2020, the company received a growth equity investment from the Carlyle Group. Job Info Job Identification 9167 Job Category Human Resources Posting Date 08/05/2025, 07:23 PM Job Schedule Full time Locations Project : Piramal Agastya, PRL Agastya Pvt Ltd., LBS Marg, Kamani Junction,, Mumbai, Maharashtra, 400070, IN Show more Show less

The ideal candidate for this position will have 4-8 years of work experience and a degree from NIFT or PEARL, with a preference for those well-versed in Illustrator, Photoshop, Excel, and other software relevant to CADs and illustrations. You will be responsible for understanding upcoming trends and validating them with aspirational brands for commercial assurance. At the beginning of each season, you will create a Colour Board featuring updated shades by purchasing samples from the Brand. Collaborating closely with the team, you will conduct regular market research and presentations to identify trends or styles that can be incorporated into the range for improved business outcomes. Additionally, you will create a Market benchmarking report and share it with the team after visits, as well as conduct internal reviews with the buying team to select the range. Vendor visits for sample development, lab dip approvals for bulk production, artwork creation for selected styles, coordination with vendors, review of strike offs, and providing feedback on pp samples will also be part of your responsibilities. Candidates with experience in the Women's Wear Category will be given preference for this role.,

As a Mid-Level Market Intelligence Analyst within the Workforce Sourcing & Procurement Analytics team at Green Cabbage Inc., a global leader in market intelligence and procurement analytics, you will play a crucial role in optimizing indirect IT and contingent labor spend for Fortune 500 companies. Through the utilization of proprietary benchmarking tools and industry data, you will assist clients in reducing costs, standardizing rate cards, and enhancing supplier performance in IT sourcing and workforce services. Your primary responsibility will be to evaluate supplier proposals and rate cards for contingent workforce engagements, identifying cost-saving opportunities and pricing outliers. You will conduct in-depth analysis of sourcing models and their financial impact on overall workforce procurement strategy, enabling you to provide valuable insights that drive negotiation outcomes. Additionally, you will be instrumental in developing and delivering detailed Market Intelligence Theses (MITs) that compare supplier rates to internal and industry benchmarks, ultimately guiding procurement teams in selecting the right suppliers, rates, and sourcing models across geographies. Collaboration with procurement, category management, and vendor management teams will be essential as you gather rate data, validate sourcing assumptions, and present strategic sourcing recommendations to internal and client stakeholders. Your ability to quantify and articulate the procurement value of shifting volume across vendors, geographies, or sourcing models will be key in driving informed decision-making. To be successful in this role, you should possess a Bachelor's degree in Supply Chain Management, Procurement, Finance, Business Analytics, or a related discipline, along with 2-4 years of experience in sourcing/procurement, preferably within workforce or staffing services. Strong knowledge of labor rate structures, markup models, and contingent labor procurement processes is required, as well as experience working with supplier contracts, rate cards, and cost models. Excellent analytical, organizational, and communication skills are essential, along with the ability to translate cost models and sourcing data into actionable procurement strategies. Familiarity with global sourcing markets and wage trends is preferred. If you are looking to leverage your expertise in sourcing and procurement analytics to drive cost savings and enhance supplier performance for leading organizations, we invite you to join our dynamic team at Green Cabbage Inc. in Bengaluru.,

Roles and Responsibilities : The position will be part of the team assisting real estate portfolio strategies of leading clients. The candidate will work with our clients as well as account leads to monitor and mitigate portfolio risk, enhance governance, provide consistency and efficiencies, while proactively building portfolio strategies to optimize portfolios and reduce costs Teamwork: The candidate needs to work with account leads and local brokers to help our clients define space requirements, market benchmarking , identify suitable alternatives, recommend appropriate occupancy solutions, and negotiate contract terms on their behalf all guided by data and analytics to provide relevant insights. Research and Analytics: Interact with internal and external stakeholders to solicit their feedback to refine and finalize and develop portfolio strategies across the regions Examples of portfolio strategies are: Country Plans, Metro plans, as relevant, for a city or combination of cities to identify opportunities for portfolio rationalization, in view of intrinsic business, and extrinsic market factors. Evaluating different scenarios & preparing an early stage business case (opportunity assessment) followed by high level financial analysis to support the same. Preparing cost optimization strategies & recommendations in view of business strategies and operations. (consolidation, relocation, lease disposition, blend & extend). Lease vs own recommendations for an asset or a portfolio of assets

Job Analysis and Evaluation Salary Structures and Pay Ranges Salary Administration Market Research and Benchmarking (Internal & External) Legal Compliance Attract and Retain Top Talent Administrative Activities Benefits Design and Implementation Benefit Programs Benefits Vendor Management Benefits Communication Benefits Regulations Negotiation

We are seeking a detail-oriented and analytical Compensation and Benefits Specialist to support India HR team in designing, managing, and administering competitive compensation and benefits programs. The ideal candidate will bring expertise in pay structures, market analysis, and managing employee benefits plans while ensuring compliance with local regulations and company policies. POSITION DESCRIPTION: Collaborate with HR and leadership to align compensation strategies. Implement and administer compensation structures, including salary bands, incentive programs, and merit cycles. Conduct job evaluations and benchmarking to ensure competitive pay practices. Prepare and analyze compensation data for reviews and adjustments. Manage the day-to-day administration of employee benefits programs, including health insurance, retirement plans, leave policies, and wellness initiatives. Support benefits enrollment processes, including educating employees and resolving queries. Conduct regular audits of benefits programs to ensure accuracy and compliance. Partner with the Global compensation team to develop strategies for India that attract and retain top talent. Provide guidance to managers and employees on compensation and benefits policies. Support HR projects related to workforce planning, employee engagement, and organizational changes. Prepare and submit required reports for government agencies and internal audits. Monitor legislative changes and update policies and programs accordingly. Leverage HRIS tools (Workday, Excel) to analyze compensation and benefits data. Generate insights and reports to inform decision-making and identify opportunities for improvement. MINIMUM REQUIREMENTS: Qualification: Bachelor's degree in Human Resources, Business Administration, or a related field. 3-5 years of experience in compensation and benefits management. Familiarity with market benchmarking tools (e.g., Mercer, Radford, or similar) and HRIS platforms like Workday. Strong understanding of compensation structures, job evaluation methods, and benefits administration. Advanced analytical skills with proficiency in Excel and data visualization tools. Expertise in market benchmarking and compensation analysis. In-depth knowledge of benefits programs and related compliance requirements. Excellent communication and interpersonal skills. Attention to detail and ability to maintain confidentiality.