Effectively managing compensation and benefits are essential to ensuring employee satisfaction and that all laws and other regulations are followed. The manager of compensation and benefits is a part of the organization's human resources department and assists employees with issues of pay, benefits and retirement. They also engage in methods to boost employee awareness of their options and benefits packages.
Manager, Compensation & Benefits Tasks
Manage the selection, training and development of staff engaged in the organizational compensation and benefit programs.
Analyze compensation policies, government regulations, and surveys to develop competitive compensation plan.
Design, evaluate and modify benefits programs and policies to ensure that programs are current, competitive and in compliance with legal requirements.
Manage the design and development of tools to assist employees and to guide managers through compensation decisions.