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Senior Manager - Compensation and Benefits

12 - 22 Years

Delhi NCR

Not Disclosed by Recruiter

Openings: 1Posted: 9 days agoJob Applicants: 388Job Views: 690
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Job Description

Jubilant Generics Limited ( and #39;JGL and #39;) is a wholly-owned subsidiary of the Company through Jubilant Pharma. JGL owns two manufacturing facilities; one at Nanjangud, Karnataka and another at Roorkee, Uttarakhand which are engaged in APIs and Dosage Forms business, respectively.

The manufacturing location at Nanjangud spread on 69 acres is engaged in manufacturing of APIs and caters to the sales worldwide. API portfolio is focused on Lifestyle driven Therapeutic Areas (CVS, CNS) and also targets complex and newly approved molecules. The company is market leader in four APIs and is amongst the top 3 players for another three APIs in its portfolio helping it maintain a high contribution margin. The manufacturing location at Roorkee, Uttarakhand with 5 acres of infrastructure is USFDA, Japan PMDA, UK MHRA, TGA, WHO and Brazil ANVISA audited and approved. This business focusses on B2B model for EU, Canada and emerging markets. It has capabilities to develop multiple dosage forms including Oral solid, injectable and ophthalmic dosage forms. Revenue of the company during the Financial Year 2016-17 was 10,726.09 Million as compared to 9,197.82 Million during the Financial Year 2015-16.

Job Context:

To design and execute various strategies, policies and practices pertaining to performance management, Rewards, Compensation and Manpower Budget.

Challenges:
To ensure 100 % accuracy on the data related to PMS, Rewards, Compensation and Manpower Budget
Key Accountabilities and scope of work :
1) C and B Benchmark and Trends
- To have Compensation and Benefits benchmark and trends which are accurate, detailed and relevant to company needs and ensuring its usage
- To ensure stakeholder buying on annual increments and variable pay distribution which are aligned to company performance and market trends
2) Manpower Planning and Budget
- Assessing annual manpower requirements viz-a-viz business forecast and planning requirement for manpower in a fiscal year.
- To formulate and monitor Manpower budget
- HR Modules : Automation, Enhancement
To work closely with HRIS team ensure automation of HR modules and enhancement in existing modules.
3) Compensation Models :
Designing Compensation models / Pay Mix for Executives with focus on Long term incentive plans
4) Standardization:
Strengthening the Global Mobility model to ensure employee movement to host locations are smooth and worth appreciating.
Pay for Performance Model :
To maintain competitive salaries and benefits provided to employees and ensure Pay for Performance model is rightly implemented in annual salary increase
5) PMS Process :
To plan and execute Performance Management (Goal Setting and annual appraisals) process.
6) Employment Benefit Schemes
Managing benefits schemes such as Car Lease, Employee benefit insurances, NPS etc.
7) Increment and Variable Pay Letters
To roll out the annual increment and variable pay letters on-time-in-full and right first time
8) Payroll and Compliance :
Overseeing payroll and compliance related matters
Education Qualification(Highest ) : MBA - Full Time from reputed B School ( preferred )
Experience Range : 10-12 years
Desirable experience :
Should be handilng Compensation and Benefits specialist role in present and previous organizations ) Manufacturing industry preferred ) for minimum 6 years


Salary: Not Disclosed by Recruiter
Industry: Chemicals / PetroChemical / Plastic / Rubber
Functional Area: HR, Recruitment, Administration, IR
Role Category: HR/ Recruitment / IR
Role: HR Manager
Employment Type: Full Time, Permanent

Company Profile

Jubilant Generics Limited
Jubilant Pharma Limited is a global integrated pharmaceutical company offering a wide range of products and services to its customers across geographies. We organise our business into two segments, namely, Specialty Pharmaceuticals, comprising Radiopharmaceuticals (including Radio pharmacies), Contract Manufacturing of Sterile Injectable, Non-sterile and Allergy Therapy Products, and Generics and APIs, comprising Solid Dosage Formulations and Active Pharmaceutical Ingredients. Jubilant Generics (JGL) is a wholly - owned subsidiary of Jubilant Pharma. JGL in India has Research and Development units at Noida and Mysore. It has two manufacturing facilities one at Mysore, Karnataka and another at Roorkee, Uttarakhand, engaged in APIs and Dosage manufacturing, respectively. The manufacturing location at Mysore is spread over 69 acres and it's a USFDA approved site engaged in manufacturing of APIs, and caters to the sales worldwide. API portfolio focusses on Lifestyle driven Therapeutic Areas (CVS, CNS) and targets complex and newly approved molecules. The company is the market leader in four APIs and is amongst the top three players for another three APIs in its portfolio helping it maintain a high contribution margin. The manufacturing location at Roorkee, Uttarakhand is state of the art facility and is audited and approved by USFDA, Japan PMDA, UK MHRA, TGA, WHO and Brazil ANVISA. This business focusses on B2B model for EU, Canada and emerging markets. Both manufacturing units are backward- integrated and are supported by around 500 research and development professionals based at Noida and Mysore. R and D works on Development of new products in API, Solid Dosage Formulations of Oral Solid, Sterile Injectable, Semi-Solids Ointments, Creams and Liquids. All BA/BE studies are done In house at our 80 Bed facility which is inspected and having approvals /certifications from The Drugs Controller General (India) and has global regulatory accreditations including USFDA, EMEA, ANVISA (Brazil), INFRAMED (Portugal Authority), NPRA(Malaysia), AGES MEA (Austria) for GCP and NABL, CAP accreditations for Path lab services. JGL's full-fledged Regulatory Affairs and IPR professionals ensures unique portfolio of patents and product filings in regulatory and non-regulatory market. Revenue of Jubilant Pharma is constantly increasing and during the Financial Year 2018 -19 it was INR 53,240 Million as compared to INR 39,950 Million during the Financial Year 2017-18.Kindly refer www.jubilantpharma.com for more information about organization.
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Contact Company:Jubilant Generics Limited

Reference Id:20160