Jobs Companies Sandoz Compensation & Benefits Specialist

About this Compensation & Benefits Specialist role at Sandoz

Sandoz · Onsite · Telangana (Sandoz)

Job Description Summary

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path, unique opportunities will present themselves, both professionally and personally. Join us, the future is ours to shape!

Provide operational and analytical support for Sandoz annual compensation review cycle, including salary review (merit), annual incentive (STI), and long-term incentive (LTI) planning. Ensure reporting accuracy, timely execution, and stakeholder support throughout the year-end process

Job Description

Major accountabilities: 

  • Support the operational execution of Rewards strategy and objectives across the organization. Assist in the implementation and delivery of annual compensation review cycles and incentive administration processes.
  • Maintain planning templates, standard operating procedures (SOPs), process documentation, and knowledge repositories to always ensure audit readiness. Maintain year-end Rewards communications for stakeholders and employees.
  • Support testing activities related to compensation modules, including annual compensation cycles and ad hoc system enhancements. Perform data validation, reporting, tracking, and quality assurance activities to ensure the accuracy of Rewards-related data.
  • Analyse rewards data, interpret results, and provide insights and recommendations that support Rewards program effectiveness and alignment with organizational strategy. Support budget utilization reporting and identify anomalies requiring follow-up.
  • Maintain efficient and accurate day-to-day Rewards operations for designated client groups. Contribute to country, regional, or business-unit level Rewards projects and continuous improvement initiatives.

Key performance indicators:

  • Timely and accurate delivery of Rewards processes and programs.
  • High-quality end-user experience across Rewards operations.
  • Compliance with Rewards governance, policies, and internal controls.
  • Accuracy and completeness of Rewards data and reporting.
  • Successful execution of compensation review and incentive administration cycles.

Minimum Requirements: 
Education

  • Bachelor's degree in human resources, Business Administration, Finance, or a related field

Work Experience:  - Operations Management and Execution.

  • 3 to 5 years of experience in HR Operations, Rewards Operations, Compensation Administration, or a related HR function.
  • Hands-on experience with global ERP and HR systems - Workday Compensation and related Rewards processes is mandatory
  • Proven experience supporting and executing annual compensation review cycles, merit planning, and incentive administration, including participation in at least three full compensation cycles.
  • Experience in managing employee communications, process documentation, SOPs, and knowledge management materials.
  • Strong experience in operational process execution, data management, attention to detail, quality control activities and ability to manage confidential data.
  • Exposure to global HR operations and year-end Rewards processes within a multinational environment is preferred

Skills:

  • Compensation & Benefits. Compensations Management (Employees).
  • Employee Onboarding. HR Operations (HR Ops).
  • HR Service Delivery. HRIS (Human Resource Management System).
  • Human Resource Management System. Human Resources (HR). Job Evaluation.
  • MS- Office
  • Payroll. Private Equity. Retirement Planning.
  • Reward Program. SDM.
  • Stakeholder Engagement. Talent Acquisition.

Languages:

  • English.

Why Sandoz?

Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz, a leader in this sector, provided more than 900 million patient treatments across 100+ countries in 2024 and while we are proud of this achievement, we have an ambition to do more!

With investments in new development capabilities, production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost, high-quality medicines, sustainably.

Our momentum is powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills experience an agile and collegiate environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is supported! 

Join us!

Commitment to Diversity & Inclusion:

We are committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.

Skills Desired

Compensation & Benefits, Compensations Management (Employees), Employee Onboarding, HRIS (Human Resource Management System), Hr Operations (Hr Ops), HR Service Delivery, Human Resource Management System, Human Resources (HR), Human Resources Management, Job Evaluation, Microsoft Word, Payroll, Private Equity, Retirement Planning, Reward Program, Sdm, Stakeholder Engagement, Talent Acquisition
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About Sandoz

Our Purpose here at Sandoz is pioneering access for patients. As the global leader in 'off-patent' high quality medicines, we are able to make medicine more affordable and accessible. Our broad global portfolio comprises of approximately 1,300 quality biosimilar and generic medicines, enabling us to provide more than 900 million patient treatments across 100+ countries per year, and while we are proud of this achievement, we have an ambition to do more! Powered by our talented and ambitious colleagues, who, in return for dedication and skills, experience a flexible, collaborative & inclusive culture where diversity of thought is welcomed and where personal growth is nurtured!

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