Compensation and Benefits Manager (Regional/Global)

Psi-Cro; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

PSI Bengaluru is seeking a Global Compensation and Benefits Manager to implement, manage and continuously improve our compensation and benefits programs across regions. You will oversee day-to-day analysis, execution and communication of regional/global pay and benefits, aligning with PSI strategy and talent needs.

Responsibilities include benchmarking, job evaluation, salary banding, incentive plans and cross-functional collaboration with Finance, Legal and HRIS.

Qualifications

• Educated to degree level or equivalent, ideally with a post-graduate qualification in a related discipline.
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Responsibilities

• Ensure a fair, equitable and competitive total compensation and benefits package system that is aligned with PSI strategy, business goals and talent needs.
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Skills

Global pay analysis

Job evaluation

Salary banding

Incentive compensation

Workday/HRIS

Cross-functional collaboration

Stakeholder management

Data-driven decisions

Education

Degree level

Post-graduate qualification

Certified Compensation Professional

Tools

HRIS

Job description

Compensation and Benefits Manager (Regional/Global)

• Full-time

PSI is a leading Contract Research Organization with more than 30 years in the industry, offering a perfect balance between stability and innovation to both clients and employees. We focus on delivering quality and on-time services across a variety of therapeutic indications.

The Global Compensation and Benefits Manager is responsible for implementing, managing and continuously improving our compensation and benefits programs - supporting our employees and key internal stakeholders. The individual responsible will oversee the day-to-day analysis, execution, and communication of regional/global pay and benefits.

Responsibilities

• Ensures a fair, equitable and competitive total compensation and benefits package system that is aligned with PSI strategy, business goals and talent needs.
• Supports the Senior Compensation and Benefits Manager in maintaining a consistent strategyin line with PSI work culture and organizational objectives.
• Makes data-based decisions on direct financial, indirect financial and nonfinancial compensation plans.
• Supports Finance with budgets, year-end bonus incentive payment process and financial analysis of all compensation and benefit plans.
• Supports Legal by ensuring compliance of compensation and benefit programs with applicable laws and regulations.
• Participates in salary and labor market surveys to determine prevailing pay rates and benefits.
• Conducts ongoing research and reports on emerging trends, issues and best practices.
• Assesses competitors’ compensation and benefits plans and makes recommendations for enhancements to PSI existing plans.
• Provides subject matter expertise and support to key internal stakeholders compensation and benefit issues.
  • Strong interpersonal skills, able to develop compelling cases for proposals and collaborate effectively across multiple stakeholders.
  • Demonstrated experience leading benefits and compensation design changes from concept to execution.
  • Experience in benchmarking, job evaluation, salary banding, and incentive compensation.
  • Proven experience conducting global pay market analysis and building out global compensation plans.
  • Familiarity with labor legislation in the EU and Eastern Europe/Russia & Ukraine; experience is Asia Pac is an asset.
  • Preferred experience in tech, CRO or pharma high-growth environment working with compensation and reward programs in a global, large-scale corporate environment.
  • Workday/HRIS experience is required with focus onCore and Advanced compensation modules.
  • Educated to degree level or equivalent, ideally with a post-graduate qualification in a related discipline.
  • Certified Compensation Professional Certification is an asset.

Make the right call and take your career to a whole new level. Join the company that focuses on its people and invests in their professional development and success. Your role will be very important - you will help enhance our company's profile as the best place to work.

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