VetMF

Occupation

Compensation and Benefits Managers

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

$149,230 medianBelow-avg outlookBachelor's typical

O*NET 31.0 · 11-3111.00

A typical week, in the words of people in the job

  1. 01Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.
  2. 02Design, evaluate, and modify benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements.
  3. 03Fulfill all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Income Security Act (ERISA).
  4. 04Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.
  5. 05Identify and implement benefits to increase the quality of life for employees by working with brokers and researching benefits issues.
  6. 06Manage the design and development of tools to assist employees in benefits selection, and to guide managers through compensation decisions.
  7. 07Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions.
  8. 08Mediate between benefits providers and employees, such as by assisting in handling employees' benefits-related questions or taking suggestions.
  9. 09Plan, direct, supervise, and coordinate work activities of subordinates and staff relating to employment, compensation, labor relations, and employee relations.
  10. 10Prepare detailed job descriptions and classification systems and define job levels and families, in partnership with other managers.
  11. 11Develop methods to improve employment policies, processes, and practices, and recommend changes to management.
  12. 12Formulate policies, procedures and programs for recruitment, testing, placement, classification, orientation, benefits and compensation, and labor and industrial relations.

Task statements ranked by how many workers report them · O*NET 31.0

What the posting will be called

Benefits ManagerCompensation DirectorCompensation ManagerCompensation and Benefits ManagerBenefits CoordinatorBenefits DirectorCompensation and Benefits DirectorEmployee Benefits CoordinatorEmployee Benefits ManagerPayroll Manager

Titles reported by employers for this occupation. Search job boards with these, not the O*NET name.

Knowledge the job leans on

Personnel and Human ResourcesEnglish LanguageAdministration and ManagementCustomer and Personal ServiceEconomics and AccountingMathematicsAdministrativeLaw and Government

Skills that carry over from service

Judgment and Decision MakingTime ManagementManagement of Personnel ResourcesSocial PerceptivenessComplex Problem SolvingManagement of Financial ResourcesSystems AnalysisSystems Evaluation