Senior Manager- Global Compensation Benchmarking

GSK India

10 - 15 years

20 - 27 Lacs

bengaluru

Posted:16 hours ago| Platform:

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Skills Required

procurement c data management project management consulting market data operations analytics auditing recruitment

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Purpose:

Accountability for the delivery of all activities relating to Compensation Benefits Benchmarking - both Management and Administration for aligned countries / regions (as applicable)
Responsible for ensuring that our minimum standards for Benchmarking are always upheld and the data loaded into Workday is of the highest quality
Support to the Global CB Benchmarking Lead for market data related vendor management and relationship activities

Key Responsibilities:

Delivery of the benchmarking annual calendar for the aligned Region / Country / Business groups (as applicable), this role will drive the activity ensuring completion of all necessary activity to deliver quality data in Workday
Connects with benchmarking vendors to work through issues with data / the systems (as appropriate)
Provides support to the Global CB Benchmarking Lead Global Data Agreements including management of purchase orders, TPOs and data transfer arrangements.
Ensuring up to date accurate benchmarking data is accessible globally.
Full administration of Comp Source Mercer Gold+ on behalf of applicable markets incl. management of survey uploads, amendments to the matching following business changes such as reorganisations, management of new surveys etc...
Ensure that benchmarking guidance / minimum standards are always adhered to by all countries (or facilitate exceptions, to be agreed by the Salary Management Director, Reward CoE).
Work with the Global CB Benchmarking Lead to provide Compensation and Benefits Mgrs within the Regional Service Centres with bi-annual benchmarking insight reports to help them to identify hotspots / areas for concern / benchmark benefits. Alongside this data should be information on Regional / Global trends which should also be presented to the Reward CoE.
Partners with the Compensation Mgrs / Regional Process Mgrs on business equity reviews, where needed
Provides guidance and support to the Regional CB Service Centres with re-benchmarking activities especially as a result of changes to the job catalogue or the impact of restructure / business acquisitions or changes
Responsible for salary range / job family group range development (as applicable) via Comp Source for applicable countries
Responsible for ensuring all market data loaded into Workday has been through the applicable audit checks prior to release and ensuring all updated data is available prior to the launch of the PR process (in line with the annual benchmarking calendar)
Manage global / business specific data requests
The Global Benchmarking Team must stay connected with the external environment to ensure that we have the appropriate networks in place to fully understand the data that we are using (via the survey vendors) and to ensure that we are aware of trends to be able to support the business.
Educate the Reward Community (Reward CoE, Reward Leads Teams, CB Service Centres) on the use of the benchmarking systems including report generation.
Attend Regional CB Service Centre Meetings to advise / answer questions on all activities relating to the annual Benchmarking calendar

Experience:

Analytics / data management background combined with customer focus and an understanding of how to present large complex data sets to those not always knowledgeable in Reward.
Demonstrated attention to detail.
10-15 yrs of experience in a Reward role (ideally gained in a large Corporation or a specialist consulting organization)
Project Management expertise (ideally in a formally trained manner such as ADP), established experience in managing matrixed / international resources.
Evidence of delivery to deadlines/ effective management of multiple activities with conflicting timelines
Significant compensation experience gained over multiple, annual process cycles and ongoing operational delivery requirements across multiple countries (i.e. survey providers, interactions with local consultancies, etc.)

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