Manager, Compensation and Benefits

Abbott

5 - 10 years

Mumbai

Posted: 21/06/2025

Job Description

     

JOB DESCRIPTION:

Primary Job Function

Describe in 3-4 short sentences the responsibility and authority of the job.

  • The role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organization

  • This role will independently manage compensation consulting for the specific business EPD businesses in India, manage benefits and wellness projects  along with Projects

Core Job Responsibilities

  • C&B Consulting: Provide regular compensation and benefits consulting support to defined businesses to ensure that all decisions and actions related to C&B are in line with Abbott philosophy and guidelines. Provide recommendations and support decision making for various pay actions (job offers, promotions, equity increases, bonus buyouts, etc.) by utilizing survey sources, market references, internal equity, and other data as appropriate

  • C&B Policies: Review processes and policies to recommend appropriate changes. Support in harmonization of policies and processes as required

  • Job Evaluation: Manage job evaluation requests from business for new / existing positions and recommend salary grades as appropriate. Support business and myHR in ensuring correct grade fitment for roles

  • C&B Initiatives & Projects: Manages special compensation and benefits projects including re-organizations, government-mandated changes, etc.

Supervisory/Management Responsibilities

  • Individual Contributor

Position Accountability / Scope

  • The role reports to the Associate Director, Compensation and Benefits, EPD India

Minimum Education

  • The role requires an MBA from a good college with a specialization in HR. Additional qualifications related to C&B are desirable

Minimum Experience/Training Required

  • 4 years of experience as Human Resources professional with minimum of 1 years in Comp role

  • Knowledge of fundamental aspects of compensation (base pay, long-term incentive programs, annual incentive programs etc.)

  • Should have worked with reputed Indian/Multinational organizations

     

The base pay for this position is

N/A

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

Compensation & Benefits

     

DIVISION:

CHR Corporate Human Resources

        

LOCATION:

India > Mumbai : BKC Building

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

Yes, 25 % of the Time

     

MEDICAL SURVEILLANCE:

Not Applicable

     

SIGNIFICANT WORK ACTIVITIES:

Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day)

     

     

     

About Company

Abbott is a global healthcare company developing medical devices, diagnostic tools, nutritional products, and medicines. It focuses on improving health outcomes across areas like heart disease, diabetes, and infectious diseases, with a strong emphasis on research and innovation.

Services you might be interested in

One-Shot Campaign

Reach out to ideal employees in one shot!

The intelligent campaign for reaching out to the ideal audience to whom you can ask for help (guidance or referral).