Compensation and Benefits Managers

About the Role

Compensation and Benefits Managers design and oversee programs that determine employee compensation levels and benefit offerings to enhance employee satisfaction and ensure compliance with regulations.

Other Common Titles

Compensation Analyst
Benefits Manager
Total Rewards Manager
Salary and Benefits Consultant
HR Compensation Specialist

Typical Tasks

Developing and implementing compensation structures and benefit programs.
Conducting salary surveys to ensure competitive pay practices.
Analyzing compensation data and statistics to make informed recommendations.
Advising management on pay structures and hiring budgets.
Overseeing payroll processes and benefits administration.
Ensuring compliance with local, state, and federal regulations regarding compensation and benefits.
Managing employee communication regarding compensation and benefits packages.

Notable People

Sandy LV – A leading expert in compensation strategy who has published extensively on the importance of aligning pay structures with organizational goals.
Steve B. Albrecht – Known for his contributions in HR management, particularly in employee benefits design that enhance workplace satisfaction.

Recommended Resources

Compensation and Benefits Handbook
A comprehensive guide covering all aspects of compensation and benefits management.
WorldatWork
An association for professionals in compensation, benefits, and total rewards that offers research and resources.
The Compensation Lab Podcast
A podcast discussing trends, topics, and best practices in the compensation and benefits field.
HR Daily Advisor
A blog providing up-to-date information, news, and insights related to HR compensation and benefits.