Employee Compensation & Benefits Managers and Specialists

A compensation and benefits manager has responsibility for developing and implementing the organisation's rewards and benefit policies. This will include salaries and bonuses plus employee benefits, such as pensions. Life assurance, profit-sharing, company cars and medical insurance packages may also be an area of responsibility, as can arranging relocation and expatriate packages.

The terminology used to describe this area of work can vary; job titles may also include compensation and rewards manager and remuneration manager.  Within very large organisations there may be specialist managers who deal with only one aspect of compensation and benefits work, such as the company pension scheme, payroll or the salary structure.

For those staff working across all areas of this specialism, typical duties include monitoring the organisation's salary structure and benefits provision to ensure a balance between control of costs and attracting and retaining staff; researching and analysing salary rates and benefits offered by other employers in the same sector and undertaking job evaluations to ensure that the differences in pay between those doing different jobs within the organisation are fair and are perceived to be so.

You will also be involved in making recommendations on changes to pension and insurance schemes; developing and implementing new benefit packages; negotiating with union representatives on issues relating to pay and benefits; managing the payroll system and developing and maintaining personnel record systems in accordance with current legislation.

Jobs of this type currently available

There are currently no jobs of this type available.