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Illumina
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Staff Compensation & Benefits Analyst

Staff Compensation & Benefits Analyst

Illumina

8 - 12 years

0 Lacs

karnataka

Posted:1 week ago| Platform: Shine logo

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Skills Required

market intelligence employee communication vendor management stakeholder management process improvement analytical skills project management compensation benefits administration benefits strategy regional collaboration

Work Mode

On-site

Job Type

Full Time

Job Description

The position at Illumina provides you with the opportunity to impact the lives of people globally by expanding access to genomic technology and contributing to health equity. You will be part of a team dedicated to enabling life-changing discoveries that improve human health through early disease detection, diagnosis, and innovative treatment options. As a key member of the team, your role will involve developing, implementing, and administering compensation and benefits policies and programs in alignment with India's statutory requirements, market trends, and best practices. Your deep understanding will ensure competitive, cost-effective, and compliant benefits offerings that optimize the employee experience. Responsibilities include designing, implementing, and managing employee benefits programs such as healthcare, insurance, retirement plans, and wellness initiatives. You will analyze employee demographics, assess risk exposure, and recommend strategic enhancements to benefits programs. Additionally, you will gather local market intelligence, analyze salary and benefits trends, and support the annual salary review process. Your role will also involve developing and managing employee communication materials, FAQs, and training sessions to enhance benefits understanding and utilization. You will serve as the primary liaison with insurance providers, brokers, and vendors to ensure efficient claims processing and service quality. Collaborating with HR, Finance, and Legal teams, you will enhance internal and external relationships and drive process improvements in benefits administration. To excel in this role, you should have a Bachelor's Degree in Accountancy, Finance, Human Resources, or a related field, along with a minimum of 8 years of specialized C&B experience, preferably in Benefits in an MNC. Strong knowledge of Indian compensation and benefits regulations, labor laws, and tax compliance is essential. Your stakeholder management, communication, analytical, and project management skills will be critical in contributing to the regional Compensation & Benefits COE and supporting organizational goals effectively.,

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Illumina

Biotechnology Research

San Diego CA

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Staff Compensation & Benefits Analyst