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Manager, Compensation and Benefits

Abbott

Abbott

Accounting & Finance
Mumbai, Maharashtra, India
Posted on Jun 17, 2025

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