Compensation & Benefits Manager

Plan, direct, or coordinate compensation and benefits activities of an organization.

O*NET reports this occupation under titles such as: Benefits Coordinator; Benefits Director; Benefits Manager; Compensation and Benefits Director; Compensation and Benefits Manager; Compensation Director; Compensation Manager; Employee Benefits Coordinator; Employee Benefits Manager; Payroll Manager

Tasks

• Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.
• Design, evaluate, and modify benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements.
• Fulfill all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Income Security Act (ERISA).
• Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.
• Identify and implement benefits to increase the quality of life for employees by working with brokers and researching benefits issues.
• Manage the design and development of tools to assist employees in benefits selection, and to guide managers through compensation decisions.
• Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions.
• Mediate between benefits providers and employees, such as by assisting in handling employees' benefits-related questions or taking suggestions.
• Plan, direct, supervise, and coordinate work activities of subordinates and staff relating to employment, compensation, labor relations, and employee relations.
• Prepare detailed job descriptions and classification systems and define job levels and families, in partnership with other managers.
• Develop methods to improve employment policies, processes, and practices, and recommend changes to management.
• Formulate policies, procedures and programs for recruitment, testing, placement, classification, orientation, benefits and compensation, and labor and industrial relations.
• Study legislation, arbitration decisions, and collective bargaining contracts to assess industry trends.

Knowledge

• Personnel and Human Resources
• English Language
• Administration and Management
• Customer and Personal Service
• Economics and Accounting
• Mathematics
• Administrative
• Law and Government

Skills

• Reading Comprehension
• Active Listening
• Writing
• Speaking
• Critical Thinking
• Active Learning
• Monitoring
• Mathematics
• Learning Strategies

Abilities

• Oral Comprehension
• Written Comprehension
• Oral Expression
• Written Expression
• Problem Sensitivity
• Speech Clarity
• Speech Recognition
• Deductive Reasoning
• Near Vision
• Inductive Reasoning
• Fluency of Ideas
• Mathematical Reasoning
• Originality
• Information Ordering
• Category Flexibility
• Number Facility