Recruiter.com helps professionals in compensation or benefits manager careers find better opportunities across all specialties and locations.
Also known as:
Compensation Director, Employee Benefits Coordinator, Employee Benefits Director, Employee Benefits Manager, Wage and Salary Administrator
SNAPSHOT
Expand
Plan, direct, or coordinate compensation and benefits activities of an organization.
Leadership |
MED
|
Critical decision making |
HIGH
|
Level of responsibilities |
LOW
|
Job challenge and pressure to meet deadlines |
HIGH
|
Dealing and handling conflict |
LOW
|
Competition for this position |
MED
|
Communication with others |
HIGH
|
Work closely with team members, clients etc. |
HIGH
|
Comfort of the work setting |
HIGH
|
Exposure to extreme environmental conditions |
LOW
|
Exposure to job hazards |
LOW
|
Physical demands |
LOW
|
Want to pursue a career as Compensation Or Benefits Manager?
Create a job alert, and get new job listings in your area sent directly to you.
DAILY TASKS
Expand
Prepare budgets for personnel operations. |
Fulfill all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Income Security Act (ERISA). |
Study legislation, arbitration decisions, and collective bargaining contracts to assess industry trends. |
Develop methods to improve employment policies, processes, and practices, and recommend changes to management. |
Prepare detailed job descriptions and classification systems and define job levels and families, in partnership with other managers. |
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. |
Formulate policies, procedures and programs for recruitment, testing, placement, classification, orientation, benefits and compensation, and labor and industrial relations. |
Maintain records and compile statistical reports concerning personnel-related data such as hires, transfers, performance appraisals, and absenteeism rates. |
Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions. |
Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies. |
MAIN ACTIVITIES
Expand
Communicating with Supervisors, Peers, or Subordinates |
Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person. |
Getting Information |
Observing, receiving, and otherwise obtaining information from all relevant sources. |
Analyzing Data or Information |
Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts. |
Making Decisions and Solving Problems |
Analyzing information and evaluating results to choose the best solution and solve problems. |
Interacting With Computers |
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information. |
Establishing and Maintaining Interpersonal Relationships |
Developing constructive and cooperative working relationships with others, and maintaining them over time. |
Updating and Using Relevant Knowledge |
Keeping up-to-date technically and applying new knowledge to your job. |
Processing Information |
Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data. |
AREAS OF KNOWLEDGE
Expand
Personnel and Human Resources |
Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems. |
Administration and Management |
Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources. |
English Language |
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar. |
Mathematics |
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications. |
Law and Government |
Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process. |
Economics and Accounting |
Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data. |
Customer and Personal Service |
Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction. |
Clerical |
Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology. |
KEY ABILITIES
Expand
Oral Comprehension |
The ability to listen to and understand information and ideas presented through spoken words and sentences. |
Written Comprehension |
The ability to read and understand information and ideas presented in writing. |
Oral Expression |
The ability to communicate information and ideas in speaking so others will understand. |
Written Expression |
The ability to communicate information and ideas in writing so others will understand. |
Problem Sensitivity |
The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem. |
Speech Clarity |
The ability to speak clearly so others can understand you. |
Speech Recognition |
The ability to identify and understand the speech of another person. |
Deductive Reasoning |
The ability to apply general rules to specific problems to produce answers that make sense. |
TOP SKILLS
Expand
Active Listening |
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times. |
Reading Comprehension |
Understanding written sentences and paragraphs in work related documents. |
Speaking |
Talking to others to convey information effectively. |
Critical Thinking |
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems. |
Judgment and Decision Making |
Considering the relative costs and benefits of potential actions to choose the most appropriate one. |
Time Management |
Managing one's own time and the time of others. |
Writing |
Communicating effectively in writing as appropriate for the needs of the audience. |
Social Perceptiveness |
Being aware of others' reactions and understanding why they react as they do. |