COMPENSATION AND BENEFITS MANAGER

Brief description

The position of compensation and benefits manager consists of planning, directing, or coordinating compensation and benefits activities and staff of an organization.

Tasks

•      Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions.

•      Analyze compensation policies, government regulations, and prevailing wage rates to develop a competitive compensation plan.

•      Design, evaluate and modify benefit policies to ensure that programs are current, competitive and in compliance with legal requirements.

•      Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.

•      Fulfill all reporting requirements of all relevant government rules and regulations.

•      Identify and implement benefits to increase the quality of life for employees, by working with brokers and researching benefit issues.

•      Manage the design and development of tools to assist employees in benefit selection, and to guide managers through compensation decisions.

•      Plan, direct, supervise, and coordinate work activities of subordinates and staff relating to employment, compensation, labor relations, and employee relations.

•      Prepare budgets for personnel operations.

•      Prepare detailed job descriptions and classification systems and define job levels and families, in partnership with other managers.

Qualifications and requirements

•      A bachelor’s degree or equivalent.

•      Ability to give full attention to what other people are saying and to use logic and reason to identify the strengths and weaknesses of alternative solutions.

•      Ability to consider the relative costs and benefits of potential actions to choose the most appropriate one.

Competencies (in order of importance)

•      Integrity — Job requires being honest and ethical.

•      Attention to Detail — Job requires being careful about detail and thorough in completing work tasks.

•      Analytical Thinking — Job requires analyzing information and using logic to address work-related issues and problems.

Cooperation — Job requires being pleasant with others