Workday Compensation & Benefit Consultant (NCS/Job/ 2949)

Who are we looking for?

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

Qualification:

• Bachelor's degree in Computer Science, Engineering, or similar technical field of study, or related practical experience. Master’s degree preferred, but not required.