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Global Benchmarking Process Expert

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Novartis

Oct 29, 2024

Applications are closed

  • Job
    Full-time
    Junior Level
  • Data
    People, HR & Administration
  • Hyderabad, +1

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)

Responsibilities

  • Supports global Benchmarking process and service delivery including (but not limited to):
  • Facilitate global survey participation cycle by defining the survey participation scope, providing training, education, and troubleshooting support in collaboration with survey vendors
  • Conduct annual review of benchmarking documents (Global functional matching document, governance document, training presentations) to ensure accuracy and relevance
  • Create training videos, work instruction and process documents to (a) impart benchmarking related education to global stakeholders (b) ensure seamless execution of benchmarking related activities
  • Work with Rewards excellence partners to ensure the quality and completeness of benchmarking information maintained in different platforms to comply with audit requirements
  • Support benchmarking process lead in deviation reviews by understanding the business context, studying the labor markets trends, analyzing survey data to define competitive salary ranges
  • Lead project teams working on the identified benchmarking priorities to ensure timely delivery of project outcomes
  • Continuously explore opportunities to simplify and automate benchmarking, process, create standardized dashboards and analytics to support data driven decision making
  • Lead BenchmarkNow (Alteryx) enhancements and improvements discussions to make the solution more user friendly and responsive to different country needs.
  • Support annual budgeting process and salary increase matrix design by working together closely with Rewards Excellence Partners and other country stakeholders to ensure the budget and matrix addresses local talent / legal / employee rep. requirements, as well as enables fair budget distribution and adherence during the salary planning cycle.
  • Support Process Lead in creating presentations for Rewards Leadership Team and Executive committee of Novartis on need basis and in contract renewal discussions with survey vendor

FAQs

What is the main responsibility of the Global Benchmarking Process Expert?

The main responsibility is to enable Novartis to hire and retain talent through the quality and timely delivery of the core benchmarking process and consulting to global stakeholders.

What are some of the key accountabilities for this role?

Key accountabilities include supporting the global benchmarking process, facilitating global survey participation, conducting annual reviews of benchmarking documents, creating training materials, analyzing survey data, leading project teams, and exploring opportunities for process automation.

What is the required work experience for this position?

The position requires 2 to 5 years of People & Organization experience, preferably in Compensation & Benefits (C&B).

What skills are essential for this role?

Essential skills include strong data analytics and presentation skills, stakeholder engagement, and excellent knowledge of MS Office applications (Word, PowerPoint, and Excel).

Is experience in compensation elements necessary?

Yes, a basic understanding of compensation elements in an organizational context is a minimum requirement for this role.

Where is this position based?

This position is based in Hyderabad, India.

What type of work environment can one expect in this role?

The role requires the ability to thrive in a fast-paced, complex, matrixed, global environment.

Are there opportunities for professional development in this role?

Yes, Novartis offers various benefits and rewards to help employees thrive both personally and professionally.

How does Novartis approach diversity and inclusion?

Novartis is committed to building an outstanding, inclusive work environment and creating diverse teams that represent the patients and communities we serve.

Can individuals with disabilities request accommodations during the recruitment process?

Yes, Novartis is committed to providing reasonable accommodations to individuals with disabilities and encourages them to reach out for assistance as needed.

Science & Healthcare
Industry
10,001+
Employees

Mission & Purpose

Novartis is reimagining medicine to improve and extend people’s lives. As a leading global medicines company, we use innovative science and digital technologies to create transformative treatments in areas of great medical need. In our quest to find new medicines, we consistently rank among the world’s top companies investing in research and development. Novartis products reach nearly 800 million people globally and we are finding innovative ways to expand access to our latest treatments. Around 108,000 people of more than 140 nationalities work at Novartis around the world.

Culture & Values

  • Inspired

    Engage our people. Strive for patients. Live our purpose

  • Curious

    Learn. Be open. Be self-aware

  • Unbossed

    Create clarity. Serve others. Own your actions

  • Integrity

    Be honest. Have courage. Do what’s right