Compensation / Benefits Analyst

1 day ago

Viman Nagar, Maharashtra, India Medtronic Full time ₹ 6,00,000 - ₹ 12,00,000 per year

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the LifeOur Global Diabetes Capability Center in Pune is expanding to serve more people living with diabetes globally. Our state-of-the-art facility is dedicated to transforming diabetes management through innovative solutions and technologies that reduce the burden of living with diabetes. We're a mission-driven leader in medical technology and solutions with a legacy of integrity and innovation, join our new Minimed India Hub as Compensation/Benefits Analyst.

Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.

Responsibilities may include the following and other duties may be assigned:

  • Responsible for Benefits administration (Company & Government) for APAC Locations, in line with Local policy and legislation.

  • Support the Global Benefits team in the design & delivery of regional benefits programmes; to include gathering information, reporting, data analytics.

  • Regional Point of Contact for HR team and Business Leads on Benefits related queries

  • Partner with local stakeholders (TA, Payroll, Finance) to ensure effective and efficient delivery of our Benefits Programmes.

  • Co Ordinate employee insured benefit renewals and recommendations with local broker, ensuring information is accurate and timely.

  • Support in the implementation of global benefits administration technology.

  • Evaluate current programs through research, survey and analysis of benefits trends to ensure plans are competitive and current.

  • Review and update employee benefit communications.

  • Support with employee leave administration.

  • Assist with ensuring internal and external compliance with local legislation, benefit regulations and company policies.

  • Deliver an exceptional employee experience by ensuring timely responses.

  • Identify opportunities to simplify and enhance current processes.

  • Provide support to the Global Compensation team on key areas such as ARP (annual rewards planning) and Allowances

  • Support special projects as required.

Required Knowledge and Experience:

  • Baccalaureate Degree and 2+ years of relevant Human Resources, benefits, compensation, payroll or finance experience OR Advanced Degree;

  • Experience with APAC Benefits administration; specifically, India and/or Philippines

  • Fluent in English

  • Agile, with excellent attention to detail

  • Proficient in Workday, Excel, Word, Power Point and Outlook

  • Strong written & verbal communication skills

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people. 
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here  
 

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