Compensation & Benefit Role - MedTech (8-12 yrs)

1 month ago

Bangalore, India iimjobs Full time

Total Rewards - APAC - Medtech Global MNC


Seeking a skilled Compensation and Benefits Professional for a leading MedTech MNC, responsible for developing and managing competitive total rewards programs to support organizational objectives in APAC region.

Our client is a leading multinational organization in the MedTech industry, dedicated to transforming healthcare through innovative solutions and cutting-edge technologies.

Key responsibilities :

- Develop and implement comprehensive C&B strategies tailored to the APAC region, ensuring alignment with organizational goals and market best practices.

- Conduct regular benchmarking and market analysis to evaluate the competitiveness of our compensation and benefits offerings across APAC markets.

- Design and manage base pay structures, incentive plans, equity programs, and employee benefits to attract, retain, and motivate top talent.

- Oversee the annual compensation review process, including salary benchmarking, merit increases, and bonus payouts, while ensuring compliance with local regulations.

- Partner with HR Business Partners and Talent Acquisition teams to provide guidance on compensation matters, including job evaluations, offer negotiations, and retention strategies.

- Collaborate with Finance and Legal teams to ensure the accuracy and integrity of compensation data and compliance with regulatory requirements.

- Drive continuous improvement initiatives to optimize C&B programs and processes, leveraging technology and data analytics to enhance efficiency and effectiveness.

Ideal Candidate:

- Masters degree in Human Resources, Business Administration, Finance, or related field.

- 8 to 12 years of progressive experience in Compensation and Benefits roles, with at least 4+ years of experience in consulting organizations

- Strong understanding of compensation and benefits principles, practices, and regulations across APAC countries, with demonstrated experience in managing C&B programs for diverse markets.

- Excellent analytical skills with the ability to interpret data, perform financial analysis, and develop actionable insights to support decision-making.

- Effective communication and stakeholder management skills, with the ability to influence and collaborate with cross-functional teams at all levels of the organization.

- Strategic mindset with a focus on driving results and continuous improvement, while maintaining a customer-centric approach.

What is on offer for the candidate ?

- Opportunity to play a pivotal role in formulating effective total rewards strategies across the dynamic APAC region.

- Opportunity to join a globally renowned organization at the forefront of healthcare innovation.

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