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Dir Total Rewards

Date: Jan 14, 2022

Location: Mumbai, IN, 400059

Company: Teva Pharmaceuticals

Company Info

Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!

Job Description

Key Responsibilities

 Part of Global Total Rewards CoE function which responsible for the thought lead and design of Rewards programs in Teva

  • Oversee all Rewards plans and be the leader for all related topics in India
  • Accountable for the successful design and/or delivery of a significant portion of Total Reward solutions (strategies, frameworks, processes, procedures and policies for one or more Total Reward topics such as base pay, variable pay, equity plans & executive compensation or employee benefits, recognition, etc.) or with a significant geographical or broad area responsibility across all entities in India.
  • Research, evaluate and analyze internal and external trends, including benchmark, surveys and recent developments.

Long Description

  • Close collaboration with the HR Community, Senior Business leaders to effectively and efficiently supervise, direct and manage all efforts required for the design, implementation and/or continuous improvement of Total Reward solutions that drive employee engagement, optimize total rewards and support the achievement of strategic objectives and sustainable business results.
  • Lead the design, implementation, administration and legislative compliance of organization-wide total rewards strategies, policies and processes in alignment with the overall strategy and objectives
  • Develop/ manage total rewards programs in sync with the other HR policies and philosophy
  • Continuously assess market practices, trends, and regulatory environments related to compensation program design and delivery, and integrate these elements into the company’s total rewards philosophy.
  • Execute programs locally in alignment with Teva Total Rewards philosophy and approach, including Year-End Rewards process which includes Merit, Bonus, Promotions and Equity
  • Partner closely with internal (finance, procurement) and external (vendors, government officers) stakeholders to govern various programs such as medical, pension, car and more
  • Lead change management in various aspects which were recently introduced to managers
  • Designated focal point and subject matter expert to managers and HR community.

Qualifications

Skills & Qualification

  • Mastering the India C&B market, specifically the pharma sector, its unique environment, practices and future trends. The ability to understand how the market operates and combine it with the business needs
  • Excellent familiarity with global methodologies, processes and programs. Past experience working in global teams
  • Ability to run global and complex programs and process, working in partnership with many different stakeholders
  • Excellent Collaboration, influencing and interpersonal skills — the ability to develop effective working relationships with a diverse and global team and positively impact team’s performance
  • Strong quantitative analytic capabilities. Being able to understand the details but also look at the big picture 
  • Strong written and verbal communication skills in English

Function

Human Resources

Sub Function

Total Rewards

Reports To

VP HR CoE, Global Total Rewards

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.