Rewards Specialist
Novartis
2 - 5 years
Hyderabad
Posted: 21/05/2025
Job Description
Summary
About the Role
- Support the team in the operational conversion of Rewards strategic objectives.
- Support and implement competitive and cost-effective compensation and benefit programs that are in line with corporate Rewards guidelines to attract and retain talent.
- Provide data support for survey submissions.
- Participate in the benchmarking process, analyze labor market trends and provide input to the business on salary structure and adjustments based on survey data.
- Perform analyses on market and internal data to ensure competitiveness of reward structure with relevant external market.
- Report and interpret analyses results and make recommendations that support the establishment of Rewards programs aligned with the organization’s strategy -Support personnel cost budgeting process and control.
- Maintain accurate and efficient daily Rewards processes to support the dedicated client group.
- Contribute to Rewards projects at country or BU level.
- Performs quality job evaluations within agreed timelines (including maintenance of the current job evaluation system) for the assigned job functions and acts as a subject matter expert for all position evaluation topics
Minimum Requirements:
- 2 to 5 years of P&O Experience (Preferably in C&B)
- Basic understanding of compensation elements in an organizational context
- Ability to thrive in a fast-paced, complex, matrixed, global environment.
- Strong data analytics and presentation skills
- Stakeholder engagement
- Excellent knowledge of MS Office (word, power point and excel)
- Higher education, such as University/master’s degree in HR /Economics and/or relevant business education (e.g. business administration).
- Certification in C&B is preferable
Why Novartis: Helping people with disease and their families takes more than innovative science. It takes a community of smart, passionate people like you. Collaborating, supporting and inspiring each other. Combining to achieve breakthroughs that change patients’ lives. Ready to create a brighter future together? https://www.novartis.com/about/strategy/people-and-culture
Join our Novartis Network: Not the right Novartis role for you? Sign up to our talent community to stay connected and learn about suitable career opportunities as soon as they come up: https://talentnetwork.novartis.com/network
Benefits and Rewards: Read our handbook to learn about all the ways we’ll help you thrive personally and professionally: https://www.novartis.com/careers/benefits-rewards
About Company
Novartis is a leading global healthcare company headquartered in Basel, Switzerland. It specializes in the research, development, manufacturing, and marketing of innovative pharmaceuticals. Formed in 1996 through the merger of Ciba-Geigy and Sandoz, Novartis focuses on areas such as oncology, neuroscience, immunology, cardiovascular diseases, and gene therapies.With a strong commitment to scientific innovation, Novartis invests heavily in R&D and collaborates with biotech companies and academic institutions worldwide. The company operates in over 140 countries and serves millions of patients globally. Novartis is also known for its efforts in access to medicine, using programs like Novartis Access and Novartis Foundation to support underserved populations.
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