Compensation and Benefits Manager Job Description

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Compensation and Benefits Manager

Compensation and Benefits Manager responsibilities

  • Designing fair and attractive bonus programs
  • Evaluating how effective the benefit packages are in terms of employee satisfaction
  • Ensuring our compensation plans comply with the relevant legislations

Compensation and Benefits Manager Job Description Template

Job Brief

We are looking for a Compensation and Benefits Manager that will establish best practices, attract high-quality employees and reduce turnover.

Compensation and Benefits Manager responsibilities include researching employee motives, implementing appealing rewards and tailoring benefit programs based on staff needs. To be successful in this role, you should have good knowledge of labor legislation and be familiar with organizational psychology and employee engagement.

Ultimately, you will build fair and attractive compensation and benefits plans that help us improve employee satisfaction and create a productive workplace.

Responsibilities

  • Design compensation packages and bonus programs that align with the company’s strategic plan
  • Ensure salaries and benefits comply with the current legislation about human rights and pay equity
  • Identify trends and implement new practices to engage and motivate employees
  • Conduct research on employee satisfaction (e.g. using surveys and quantitative data)
  • Renew our compensation plans with monetary and non-monetary benefits based on employee needs
  • Keep track of prevailing pay rates and make sure we offer competitive compensation plans
  • Draft job descriptions, job analyses and classifications
  • Structure compensation in ways that will yield the highest value for the organization
  • Evaluate and report on the effectiveness of employee benefit programs
  • Track compensation and benefits benchmarking data

Requirements

  • Experience as a Compensation and Benefits Manager or similar role
  • Hands-on experience with HRIS or payroll software
  • Knowledge of building compensation packages and bonus programs for various departments and seniority levels
  • Excellent understanding of job evaluation and job analysis systems
  • Good analytical skills
  • Familiarity with labor legislation
  • Experience with employee satisfaction surveys
  • BSc in Human Resources Management, Organizational Psychology, Finance or relevant field

Compensation and Benefits Manager Job Description Examples

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Compensation and Benefits Specialist • Sholom

SUMMARY

The Compensation and Benefits Specialist is responsible to the day-to-day administration and analyzing of the compensation, benefits, performance appraisal, and other rewards programs. Responsible for assisting with the planning, development and implementation of new and enhanced compensation, benefits and other rewards programs...

PRIMARY RESPONSIBILITIES• Responsible for the admini...

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Benefits Specialist- Hybrid Role • Keller Agencies

Account Manager Job Description

The Keller Agencies of Globe Life Liberty National Division is expanding due to back-to-back years of record market growth across the nation. The Keller Agencies has locations is Pittsburgh & Morgantown. Additionally, we now have teams working in the Erie/Cleveland and Charleston markets as well...

We are looking for professional, highly ambitious, and motivate...

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HR Benefits Manager • Webber

SUMMARY

The Benefits Manager will manage the day-to-day administration of employee benefit plans company wide. Manages internal Benefits Department staff and assists Director in determining procedures to perform a variety of departmental tasks. Resolves most issues independently, with elevated matters being referred to the Director. Frequent contact with internal customers, insurance carriers....

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