Lead - Rewards - WE & ANZ

1 week ago

Gurgaon, Haryana, India SUN PHARMA Full time

Function:

HR

Sub Function:

Total Rewards & Performance Management

Location:

Gurgaon/Mumbai

Job Summary

Support in Total Rewards and Performance Management activities Western Europe and ANZ Markets. Job role includes implementation of Performance Management process, finalization of ratings, compensation benchmarking, salary analysis, annual salary review, any off cycle salary changes and other special projects such as driving performance oriented culture, Job Evaluation etc.

Area Of Responsibility

Driving Performance Management Process (WE & ANZ) - Driving Performance Management Process on OneHR and deliver performance priorities Ensure timely closure of Goal Setting, Mid‐year and Year‐end Review for region along with ensuring adherence to the timelines for various stages within the individual processes Conduct training sessions for employees in region Address employee and HR concerns/queries w.r.t process and technology Assist calibration owners and HRBPs to ensure smooth running of calibration sessions, while adhering to the calibration timeline for each level Analyze and ensure adherence to Normal Rating distribution for region Drive Normalization Closure and approvals for region Ensure adherence to Performance Improvement process – Identification of employees, PIP initiation, interim process steps and timely closures through regular follow-ups with HR partners and Managers Annual Salary Review & Performance Bonus (WE & ANZ) - Effective planning, design and execution of annual salary review and performance bonus for WE & ANZ Support in compensation benchmarking exercise for region through consulting partner by providing required data and getting timely reports Compensation analysis - Understand roles and responsibilities existing in the organization, data provided by market and analyze market competitiveness for each employee in the region across various pay anchors Undertake salary analysis and present results to relevant N-1s, HRBPs and MDs office Prepare budget proposals basis the market benchmarks on consolidated employee data and taking into account the market forecasts, business performance and other macroeconomic indicators Help the local HR teams understand the market benchmark data and help them effectively carry out benchmarking to devise pay ranges and eventually support in salary review Design communication collaterals for various stakeholders on the salary review process and guidelines. Ensure data readiness for the purpose of timely go live in the salary review tool for all employees Prepare increment files for manager inputs and N-2,N-1 final approvals Ensure that the salary review guidelines and budgets are adhered to by highlighting outliers and getting requisite approvals from the stakeholders Communication of revised salary through online letters tool and roll-out of revised compensation through Payroll Maintain appropriate audit trail for each employee Projects: Drive performance management process improvement projects (goal audit, standard goals, rating assessment etc.) in the region Support roll out of Continuous Performance Management Module and Multistakeholder feedback for select roles/ N-2 and above in the region Support completion of JE project for G8 and above globally with Mercer, Identification of outliers and implementation of transition plan for G8 & above employees, Job Evaluation for G10 and above in India Implement Global Total Rewards projects in the region eg: Job Evaluation Support any other projects basis organization priorities

Job Scope

Internal Interactions (within the organization)

HRBPs, Business Heads

External Interactions (outside the organization)

Consultants for Salary benchmarking and other projects

Geographical Scope

Western Europe & ANZ

Financial Accountability (cost/revenue with exclusive authority)

NA

Job Requirements

Educational Qualification

Post Graduate in HR

Specific Certification

Any rewards certifications – AoN, World of Work preferred but not mandatory

Skills

Analytical Skills; Attention for detail

Experience

2-5 years

Disclaimer: The preceding job description has been designed to indicate the general nature and level of work performed by employee within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of incumbent(s).

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