Program Codes: 
9BSCOP
Employment Percentage: 
16.047297297297
SOC ID: 
11-3111
SOC Title: 
Compensation and Benefits Managers
ONET ID: 
11-3111.00
ONET Concat ID: 
11311100
Median Salary: 
122018.85
Interest Area Term: 
Ed Level High School: 
0
Ed Level Certificate: 
0
Ed Level Some College: 
0
Ed Level Associates: 
0
Ed Level Bachelors: 
85.709999
Ed Level Masters: 
14.29
Ed Level Doctor: 
0
Typical Ed Level: 
a Bachelor's degree
Description: 

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

Core Tasks: 

<ul><li>Design, evaluate and modify benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements.</li><li>Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.</li><li>Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions.</li><li>Fulfill all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Income Security Act (ERISA).</li><li>Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.</li><li>Formulate policies, procedures and programs for recruitment, testing, placement, classification, orientation, benefits and compensation, and labor and industrial relations.</li><li>Manage the design and development of tools to assist employees in benefits selection, and to guide managers through compensation decisions.</li><li>Prepare detailed job descriptions and classification systems and define job levels and families, in partnership with other managers.</li><li>Study legislation, arbitration decisions, and collective bargaining contracts to assess industry trends.</li><li>Plan, direct, supervise, and coordinate work activities of subordinates and staff relating to employment, compensation, labor relations, and employee relations.</li><li>Identify and implement benefits to increase the quality of life for employees by working with brokers and researching benefits issues.</li><li>Mediate between benefits providers and employees, such as by assisting in handling employees' benefits-related questions or taking suggestions.</li><li>Prepare budgets for personnel operations.</li><li>Develop methods to improve employment policies, processes, and practices, and recommend changes to management.</li></ul>

Start Annual Earnings: 
74440.73
Top Annual Earnings: 
206031.67
Title Slug: 
compensation-and-benefits-manager