HR Tech Specialist

Dr Reddy's Laboratories Ltd - Sandbox; Hyderabad; On-site; INR 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Medical coverage

Life coverage

Learning and development opportunities

Relocation support

Family support

Job summary

A leading pharmaceutical company in Hyderabad is seeking an experienced candidate to manage benefits program design and supplier management. You'll work closely with data to recommend improvements and ensure compliance with regulations. Required qualifications include a Post Graduation in Management and 10-12 years of HR experience, specifically in compensation. The role demands strong leadership and analytical skills. Join us to foster a diverse and inclusive workplace, where good health can't wait.

Qualifications

• 10-12 years of experience in compensation with in-depth knowledge of core compensation terminology.
• Proven 2-3 years’ experience within Benefits Management and Administration.
• Managed Rewards for a region/country independently.

Responsibilities

• Identify benefits issues and recommend new opportunities.
• Lead supplier evaluation and improve vendor performance.
• Run the benefits program aligning it with business goals.

Skills

Benefits Management

Communication Skills

Leadership Skills

Analytical Skills

Time Management

Education

Post Graduation in Management/MBA in Human Resource

Job description

Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000+ employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait.

We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities or a commercial presence in 66 countries.

For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. As the pharmaceutical industry evolves and undergoes disruption, we see an opportunity – to strengthen our core further (the next steps) and to build the future (the new bets).

‘The Next and the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable. Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfil our potential and maintain our integrity and transparency

Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are committed to employ & nurture all qualified diverse workforce without regard to race, colour religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization.

Job Description

Benefits Program Design and Adaption:

• You will responsible for Identifying benefits issues, process breakdowns, and design issues, and recommending new benefits opportunities. Working with data from various sources to make recommendations for improving program design. Adapting current benefits offerings to competing demands, market trends, and organizational changes. Recommending short- and long-term benefits solutions, socializing plans, and communicating overall costs of proposed changes.

Supplier Selection & Management (Insured and Non-Insured Benefits):

• Leading supplier evaluation, requests for proposals, selection, and on-boarding. Improving vendor performance by monitoring and addressing performance issues. Establishing supplier relationships, negotiating competitive service contracts, and defining performance targets and deliverables. Collaborating with other groups like Procurement and Insurance.

Program Management:

• Running the benefits program, ensuring it aligns with business and HR goals, monitoring progress, and resolving technical issues. Handling complex escalations and building relationships with internal teams to integrate benefits plans. Creating collateral to explain proposed changes associated with benefits programs.
• Establishing performance indicators and expectations for consistency, accuracy, and timeliness. Identifying gaps and deficiencies in benefit administration processes, making recommendations for improvements, and implementing new processes. Conducting regular quality audits on programs and suggesting ways to enhance speed and efficiency.

Compliance:

• Analysing reward data, identifying potential anomalies with respect to legislation, and staying abreast of legislative changes that impact rewards. Highlighting risks of current practices and ensuring compliance with relevant regulations.

Qualifications

Post Graduation in Management/MBA in Human Resource

10-12 years of experience on in compensation, with an in-depth knowledge of core compensation terminology and best practices.

Skills & attributes

Technical Skills

• Proven 2-3 years’ experience within Benefits Management and Administration
• Should have managed Rewards for a region/country independently.
• Experience in Benefits Program Design, Supplier Selection & Management and Program Management

Behavioural Skills

• Excellent communication and interpersonal skills.
• Proactive Leadership skills, attention to detail and Big-Picture thinking
• Excellent at networking and leveraging relationships.
• Collaborative Skill sets and result oriented.
• Strong analytical and problem-solving abilities.
• Excellent Time Management and organisation skills

Additional Information

About the Department - Human Resources

The Human Resources department at Dr. Reddy's Laboratories is the organizational heartbeat, dedicated to fostering a positive and inclusive work environment for their 24,000+ employees. As a well-executed Human Resources (HR) team, we foster a positive and productive workplace. Effective HR practices are involved in recruiting and retaining top talent, providing comprehensive employee development programs, and ensuring fair and transparent policies.

The robust HR department at Dr. Reddys is cultivating a culture of open communication, employee engagement, and diversity and inclusion. Moreover, it plays a crucial role in conflict resolution, fostering a healthy work environment and aligns organizational goals with the well-being and professional growth of its employees, contributing significantly to overall company success.

Benefits Offered

At Dr. Reddy's, we actively help to catalyze your career growth and professional development through personalized learning programs. The benefits you will enjoy at Dr. Reddy's are on par with the best industry standards. They include, among other things and other essential equipment, joining & relocation support, family support (Maternity & Paternity benefits), learning and development opportunities, medical coverage for yourself and your family, life coverage for yourself.

Our Work Culture

Ask any employee at Dr. Reddy's why they come to work every day and they'll say, because Good Health Can't Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we're always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic.