Lead - Rewards

Syngene International

Bangalore, Karnataka
Permanent
Full-time

1 month ago

Rewards Senior ManagerLocation: Bangalore, India
Department: Human Resources - Rewards
Reports To: Head - RewardsAbout Syngene:Syngene International Ltd. (NSE: SYNGENE, BSE: 539268) is an innovation-focused, publicly listed, global contract research, development, and manufacturing organization (CRDMO) serving the pharmaceutical, biotechnology, nutrition, animal health, consumer goods, and specialty chemical sectors.Job Purpose:The Rewards Manager will be responsible for designing, managing, and continuously improving Syngene's rewards programs to attract, motivate, and retain top talent. This role requires strong analytical, strategic, and consultative skills to ensure compensation and benefits practices align with business objectives, market competitiveness, and internal equity.Key Responsibilities:

Compensation Strategy:

Design and manage competitive compensation structures, including fixed pay, variable pay, and long-term incentives aligned with Syngene's talent strategy. * Annual Compensation Processes:Lead the annual salary review, bonus cycle, and incentive planning processes. Ensure effective governance, communication, and execution. * Benchmarking and Market Analysis:Participate in relevant salary and benefits surveys. Analyse market trends and provide recommendations to ensure pay competitiveness. * Job Evaluation and Framework Management:Maintain and update the global job framework and grading structures. Ensure internal equity and consistency in role leveling across the organization. * Benefits Management:Design, manage, and optimize employee benefits programs to enhance employee value proposition while ensuring cost-effectiveness. * Regulatory Compliance:Ensure all compensation and benefits programs comply with local laws and regulations. * Data Analytics and Reporting:Analyse compensation-related data to provide insights and support data-driven decisions. Develop compensation dashboards and reports for management. * Stakeholder Engagement:Partner with HR Business Partners, Finance, and senior leadership to align rewards strategies with business goals. * Employee Communication:Develop and deliver effective communication strategies to enhance employee understanding and engagement with rewards programs.Key Requirements:

Education:

Postgraduate degree in Human Resources, Business Administration, or related field. Compensation certifications (GRP, CCP) are preferred. * Experience:7-10 years of relevant experience in compensation and benefits management, preferably in the pharmaceutical, biotechnology, or manufacturing industries. * Skills and Competencies:

Strong analytical and quantitative skills
Proficiency in Excel and HRIS systems
Deep understanding of compensation principles, job evaluation methodologies, and regulatory frameworks
Excellent communication, presentation, and stakeholder management skills
Ability to manage multiple priorities and deliver within tight timelines
High level of integrity and attention to detail

Why Join Us:

Work with a global leader in contract research and manufacturing
Be part of a dynamic, growth-oriented organization that values talent and innovation

Opportunity to design and implement rewards strategies that directly impact business outcomes and employee experience

Syngene International

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