Compensation and Benefits Manager (C&B) Job Description

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We are currently seeking a highly skilled and experienced Compensation & Benefits Manager to join our team. The successful candidate will be responsible for leading and managing all aspects of compensation, including job evaluations, salary surveys, and incentive plans.

Key Responsibilities:

  • Lead and manage the job evaluation process, including job analysis, job descriptions, and job grading
  • Conduct salary surveys and market analysis to ensure that our compensation packages are competitive and in line with industry standards
  • Develop and implement incentive plans, such as bonuses and profit-sharing plans, to motivate and retain employees
  • Ensure compliance with all federal, state, and local laws and regulations related to compensation, such as the Fair Labor Standards Act (FLSA)
  • Collaborate with management and other teams to ensure that compensation initiatives align with the overall goals and objectives of the organization
  • Provide guidance, counseling, and coaching to employees and managers on compensation-related matters
  • Continuously monitor and improve compensation processes and methodologies

Qualifications:

  • Master’s degree in Human Resources, Business Administration, or related field
  • Minimum of 5 years of experience in compensation, with at least 2 years of experience in a management role
  • Strong knowledge of compensation laws and regulations
  • Strong problem-solving and analytical skills
  • Excellent communication, leadership, and interpersonal skills
  • Experience with compensation software and tools is a plus
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