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Workday Compensation & Benefit Consultant

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Job Description

Title: Workday Compensation & Benefit Consultant

Experience: 6-10 years

Mode: Pune or Bangalore, India

Looking for Level 4 or Level 5 resource, having 6-10 years of experience in Compensation & Benefits, preferably in the pharmaceutical or healthcare industry.

Technical Skills:

  • 6-10 years of experience in Compensation & Benefits, preferably in the pharmaceutical or healthcare industry
  • Strong analytical and Excel skills; experience with HRIS platforms in Workday
  • Knowledge of labor laws and compliance related to compensation and benefits
  • High attention to detail and ability to handle sensitive data with confidentiality
  • Effective communication and stakeholder management skills
  • Excellent analytical, problem-solving, and decision-making skills
  • Certification in Compensation & Benefits (e.g., CCP, GRP) is a plus

Key Responsibilities

  • Develop and oversee the organization's compensation and benefits strategy, ensuring market competitiveness and compliance with regulations
  • Assist in developing and maintaining compensation structures, salary benchmarks, and job grading systems
  • Design and implement salary structures, incentive plans, and benefits programs that support business objectives and workforce needs
  • Oversee the administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other perks
  • Conduct market analyses and participate in salary surveys to ensure competitive and equitable compensation packages
  • Ensure compliance with labor laws, tax regulations, and internal policies related to compensation and benefits
  • Collaborate with Finance and Payroll teams to ensure accuracy in pay and benefits data
  • Support design and communication of total rewards programs that attract, retain, and motivate employees
  • Manage benefits enrollment and resolve employee queries in coordination with vendors
  • Contribute to internal audits and reporting requirements related to C&B
  • Prepare dashboards and reports for HR leadership on compensation trends and cost analysis
  • Manage vendor relationships with benefits providers and negotiate contracts to optimize cost-effectiveness
  • Partner with HRIS and payroll teams to ensure seamless execution of compensation and benefits processes
  • Stay updated on industry trends, emerging best practices, and regulatory changes to continuously improve programs

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Job ID: 145743135

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