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Career Details : Compensation and Benefits Managers

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Description

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

Experience

A minimum of two to four years of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Education

Most of these occupations require a four-year bachelor's degree, but some do not.

Training

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Tasks

  • Formulates policies and procedures for recruitment, testing, placement, classification, orientation, benefits, and labor and industrial relations.
  • Plans, directs, supervises, and coordinates work activities of subordinates and staff relating to employment, compensation, labor relations, and employee relations.
  • Directs preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.
  • Evaluates and modifies benefits policies to establish competitive programs and to ensure compliance with legal requirements.
  • Prepares budget for personnel operations.
  • Negotiates bargaining agreements and resolves labor disputes.
  • Conducts exit interviews to identify reasons for employee termination and writes separation notices.
  • Writes directives advising department managers of organization policy in personnel matters such as equal employment opportunity, sexual harassment, and discrimination.
  • Maintains records and compiles statistical reports concerning personnel-related data such as hires, transfers, performance appraisals, and absenteeism rates.
  • Studies legislation, arbitration decisions, and collective bargaining contracts to assess industry trends.
  • Investigates industrial accidents and prepares reports for insurance carrier.
  • Contracts with vendors to provide employee services, such as canteen, transportation, or relocation service.
  • Represents organization at personnel-related hearings and investigations.
  • Analyzes statistical data and reports to identify and determine causes of personnel problems and develop recommendations for improvement of organization's personnel policies and practices.
  • Plans and conducts new employee orientation to foster positive attitude toward organizational objectives.
  • Meets with shop stewards and supervisors to resolve grievances.
  • Prepares and delivers presentations and reports to corporate officers or other management regarding human resource management policies and practices and recommendations for change.
  • Prepares personnel forecast to project employment needs.
  • Develops methods to improve employment policies, processes, and practices and recommends changes to management.
  • Analyzes compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.

    Related Careers

    Important Abilities

    General Work Activities

    Important Skills

    Frequent Work Context

    • Job-Required Social Interaction
    • Consequence of Error
    • Coordinate or Lead Others
    • Importance of Being Sure All Is Done
    • Importance of Being Exact or Accurate

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