Compensation and Benefits Manager

Are you passionate about creating fair and competitive compensation and benefits packages for employees? Do you have a keen eye for detail and a strong understanding of market trends and regulations? If so, we have an exciting opportunity for you to join our team as a Compensation and Benefits Manager at Amgen. As a member of our HR team, you will play a critical role in ensuring that our employees feel valued and supported through their compensation and benefits packages. We are seeking a highly organized and analytical individual with a strong understanding of HR principles and practices. If you are a dedicated and driven professional with a passion for creating a positive and rewarding work environment, we encourage you to apply for this role.

1. Develop and implement competitive compensation and benefits strategies that align with the company's goals and objectives.
2. Conduct research and analysis on market trends and regulations to ensure the company's compensation and benefits packages remain competitive and compliant.
3. Collaborate with HR and management teams to understand the needs and preferences of employees in regards to compensation and benefits.
4. Design and administer employee surveys to gather feedback and make data-driven decisions on compensation and benefits offerings.
5. Manage the day-to-day administration of employee benefits programs, including health insurance, retirement plans, and other perks.
6. Partner with external vendors to negotiate and secure competitive rates for employee benefits.
7. Develop and maintain relationships with external partners, such as benefits brokers and vendors, to ensure smooth and efficient operations.
8. Monitor and track the company's compensation and benefits budget to ensure cost-effectiveness and compliance.
9. Stay informed of changes to laws and regulations related to compensation and benefits, and ensure company policies and practices are in compliance.
10. Communicate regularly with employees to educate them on their compensation and benefits options and address any questions or concerns.
11. Collaborate with the recruiting team to ensure job offers and salary ranges are competitive and equitable.
12. Conduct regular audits to ensure accuracy and completeness of employee compensation and benefits data.
13. Stay up-to-date on industry best practices and trends in compensation and benefits, and make recommendations for improvements as needed.
14. Train and mentor other HR team members on compensation and benefits practices and procedures.
15. Uphold a high level of confidentiality and professionalism in handling sensitive employee information.

According to JobzMall, the average salary range for a Compensation and Benefits Manager in Hyderabad, Telangana, India is approximately ₹1,300,000 - ₹1,500,000 per year. This converts to approximately $18,000 - $21,000 USD per year. This salary range may vary depending on factors such as the size and industry of the company, the candidate's level of experience, and their specific job responsibilities.

Amgen Inc. is an American multinational biopharmaceutical company headquartered in Thousand Oaks, California.