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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.
A Compensation and Benefits Manager is responsible for developing and administering programs that provide competitive compensation and benefits to employees. On a day-to-day basis, their tasks may include:
Analyzing compensation data: They review salary surveys and analyze market conditions to ensure the company's compensation programs are competitive and align with industry standards.
Conducting job evaluations: They assess the responsibilities and qualifications of different roles within the organization to determine appropriate salary ranges and job classifications.
Administering employee benefits: They oversee the administration of employee benefits programs such as health insurance, retirement plans, and flexible spending accounts. This includes handling enrollments, changes, and terminations in benefits coverage.
Managing compensation packages: They design and update salary structures, bonus programs, and commission plans based on performance evaluations and company goals.
Ensuring regulatory compliance: They stay up-to-date with labor laws and regulations to ensure compensation and benefits programs comply with legal requirements, such as minimum wage laws and Fair Labor Standards Act (FLSA) regulations.
Communicating with employees: They may answer employee inquiries regarding compensation and benefits plans, explain the details of different programs, and assist with resolving any issues related to compensation.
Collaborating with HR and management: They work closely with HR colleagues and senior management to establish compensation philosophies, policies, and strategies that align with the company's overall goals and objectives.
Monitoring industry trends: They research and stay informed about trends and best practices in compensation and benefits to make recommendations for program improvements and ensure the organization remains competitive in attracting and retaining talent.
Overall, the responsibilities of a Compensation and Benefits Manager involve a mix of data analysis, administration, communication, and strategic decision-making to ensure employees are fairly compensated and receive competitive benefits.
Peckham Industries Location: Brewster, NY Salary Interval: Full Time Date Posted: 12/13/2022 About Us: Family by Choice Peckham Industries Inc. (PII) has been a family-run business since 1924 and we believe our “family by choice” philosophy delivers value as the trusted supplier of construction materials, products, and services in the communities we serve. Through our extensive network of hot m...
We are looking for a Client Service Account Manager/ Benefits manager...
The position is responsible for working collaboratively with all departments to coordinate and deliver services and products to our clients. This is a great opportunity to learn and gain experience of Human Resources matters. We offer a competitive base plus a comprehensive benefits package. We are a dyna...
Manufacturing company located in Brooklyn, NY is seeking a Direct Hire Human Resources/Benefits Manager. Company has been in business since 1918 and the Global Headquarters is still located in Brooklyn today.
Description: Primarily responsible for designing, recommending, implementing and administrating approved employee benefits programs. Research, evaluate and make recommendations on the... ...
Ref ID: 03080-0012548097
Classification: Compensation ...Benefits Specialist
Compensation: $25.00 to $31.00 hourly
DUTIES AND RESPONSIBILITIES:The primary assignment will be to assist with the overall management of employee benefits, medical insurance, life insurance, dental, vision, disability, and others as required;
Assists in researching benefits and obtaining quotes;Maintains workin...
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