Compensation Benefits Manager

Wings Pharmaceuticals; New Delhi; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Wings Pharmaceuticals is seeking a senior HR professional to lead compensation and benefits, market pricing, and policy governance across field, plant and corporate roles. You will run salary surveys, evaluate jobs, and design ranges with progression while monitoring equity and compa-ratio to guide hires and promotions.

Apply expertise in Excel and HR analytics, with exposure to Power BI and HRMS platforms, to build total rewards dashboards and cost impact analyses for leadership decisions.

Qualifications

• 5+ years HR experience with a focus on compensation & benefits.
• Pharma/healthcare industry experience preferred.
• Hands-on salary surveys, job evaluation and annual increment cycles.
• Advanced Excel and HR analytics; exposure to Power BI and HRMS platforms.
• Strong business acumen with discretion handling confidential data.

Responsibilities

• Lead Compensation Benchmarking And Market Pricing Across Field Force, Plant And Corporate roles.
• Manage Salary Surveys (Aon, Mercer, Wtw), Job Matching And Comparator selection.
• Run Market Gap Analysis By Grade, Function And Location And Recommend corrections.
• Design Salary Ranges With Sound Midpoint Progression And Range Spread / overlap.
• Monitor Compa-Ratio And Range Penetration To Guide Hiring, Promotion And Increment decisions.
• Review Internal Equity And Run Periodic Pay Equity analysis.
• Define Pay Positioning And Build Compensation Models For Increments, Promotions And offers.
• Prepare Cost Impact Analysis And Total Rewards Dashboards For leadership.
• Design Salary Structures, Sales Incentive Plans, Bonus And Retention programs.
• Manage Allowance Policies Such As City Compensatory, Relocation And accommodation.
• Run The Annual Appraisal And Increment Cycle Using A Merit Matrix Linked To Ratings And Compa-ratio.
• Administer Esop Grants, Vesting And Exercise In Coordination With Finance And Legal.
• Maintain C&B Policies And Ensure Compliance With The Code On Wages, Bonus And Gratuity Acts.

Skills

HR Experience

Compensation & Benefits

Salary Surveys

Job Evaluation

Excel & HR Analytics

Power BI

Stakeholder Management

Confidential Data Handling

Tools

Power BI

HRMS Platforms

Job description

Key Responsibilities

• Compensation & Market Intelligence
• Lead Compensation Benchmarking And Market Pricing Across Field Force, Plant And Corporate roles.
• Manage Salary Surveys (Aon, Mercer, Wtw), Job Matching And Comparator selection.
• Run Market Gap Analysis By Grade, Function And Location And Recommend corrections.
• Job Architecture & Pay Structure
• Conduct Job Evaluation Using Ai Tools
• Design Salary Ranges With Sound Midpoint Progression And Range Spread / overlap.
• Monitor Compa-Ratio And Range Penetration To Guide Hiring, Promotion And Increment decisions.
• Pay Equity & Analytics
• Review Internal Equity And Run Periodic Pay Equity analysis.
• Define Pay Positioning And Build Compensation Models For Increments, Promotions And offers.
• Prepare Cost Impact Analysis And Total Rewards Dashboards For leadership.
• Compensation Programs
• Design Salary Structures, Sales Incentive Plans, Bonus And Retention programs.
• Manage Allowance Policies Such As City Compensatory, Relocation And accommodation.
• Performance Review & Esop
• Run The Annual Appraisal And Increment Cycle Using A Merit Matrix Linked To Ratings And Compa-ratio.
• Administer Esop Grants, Vesting And Exercise In Coordination With Finance And Legal.
• Benefits & Governance
• Manage Group Health, Life And Accident Insurance, And Statutory Benefits (PF, Gratuity, ESIC).
• Maintain C&b Policies And Ensure Compliance With The Code On Wages, Bonus And Gratuity Acts.

Required Skills

• 5+ Years Of HR Experience, Including At Least 5 Years In A Dedicated Compensation & Benefits role.
• Pharmaceutical Or Healthcare Industry Experience Preferred, Especially With Field Force Pay And incentives.
• Hands-On Experience With Salary Surveys, Job Evaluation And Running An Annual Increment cycle.
• Advanced Excel And HR Analytics Skills; Exposure To Power Bi And Hrms platforms.
• Strong Business Acumen, Discretion With Confidential Data And Stakeholder Management skills.