Manager/Senior Manager - Rewards - Pharma - XLRI/TISS/SCMHRD/IIM

Role Overview:

We, a Pharmaceutical giant, are seeking a high-caliber professional to join our Total Rewards team in Gurgaon, responsible for designing and executing competitive compensation frameworks that attract and retain top-tier talent. In this role, you will act as a strategic partner to business leaders and HR stakeholders, translating complex market data into actionable insights that drive organizational performance. You will manage the end-to-end lifecycle of compensation and benefits programs, ensuring they remain aligned with our business objectives and evolving market trends. By leveraging advanced HR analytics, you will influence critical decision-making processes, directly impacting our employer value proposition and long-term business sustainability.

Key Responsibilities:

- Design and implement comprehensive compensation strategies that align with business growth targets and market competitiveness to ensure high-quality talent acquisition.

- Conduct deep-dive HR analytics to identify trends, cost-optimization opportunities, and pay equity gaps, providing leadership with data-backed recommendations.

- Manage the annual compensation review cycle, including salary benchmarking, merit increases, and bonus payouts, to maintain internal equity and external market alignment.

- Oversee the administration and communication of benefits programs, ensuring they meet the diverse needs of our workforce while maintaining compliance with local regulations.

- Partner with cross-functional stakeholders to troubleshoot complex compensation issues and provide expert guidance on offer structuring for senior-level hires.

- Lead benchmarking exercises and participate in salary surveys to keep the organization ahead of industry standards and competitive shifts.

Required Skillset:

- Demonstrated expertise in developing and managing Total Rewards frameworks, with a strong grasp of variable pay structures and long-term incentive plans.

- Advanced proficiency in HR analytics and data modeling, with the ability to translate complex datasets into clear, strategic narratives for senior management.

- Exceptional communication and stakeholder management skills, capable of navigating sensitive compensation discussions with transparency and professional maturity.

- A postgraduate degree in Human Resources from premier institutes such as XLRI, TISS, SCMHRD, SIBM, or MDI, providing a strong foundation in organizational behavior and strategic HR.

- Proven ability to thrive in a fast-paced, hybrid work environment in Gurgaon, balancing operational excellence with long-term strategic planning.

- 3 - 6 years of professional experience in a dedicated Compensation and Benefits role, showcasing a track record of managing large-scale reward initiatives.