Compensation and Benefits Managers Go Back to List Plan, direct, or coordinate compensation and benefits activities of an organization.

Technology used in this occupation:
	Document management software

Tasks
	Advise management on such matters as equal employment opportunity, sexual harassment, and discrimination.
	Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.
	Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions.
	Plan and conduct new-employee orientations to foster positive attitude toward organizational objectives.
	Plan, direct, supervise, and coordinate work activities of subordinates and staff relating to employment, compensation, labor relations, and employee relations.
	Identify and implement benefits to increase the quality of life for employees by working with brokers and researching benefits issues.
	Design, evaluate and modify benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements.
	Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.
	Formulate policies, procedures and programs for recruitment, testing, placement, classification, orientation, benefits and compensation, and labor and industrial relations.
	Mediate between benefits providers and employees, such as by assisting in handling employees' benefits-related questions or taking suggestions.

Skills
	Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
	Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
	Speaking - Talking to others to convey information effectively.
	Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
	Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
	Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
	Writing - Communicating effectively in writing as appropriate for the needs of the audience.
	Time Management - Managing one's own time and the time of others.
	Management of Personnel Resources - Motivating, developing, and directing people as they work, identifying the best people for the job.
	Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.

Knowledge
	Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
	Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
	English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
	Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
	Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
	Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
	Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
	Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
	Psychology - Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.
	Communications and Media - Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.

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Education & Training   Education:   Most of these occupations require a four-year bachelor's degree, but some do not.   Related Experience:   A considerable amount 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.

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Wage Information
	Region Average Entry Level  Mid-Range  Annual  Hourly  Statewide $186,814.00 $89.81  $57.19  $62.60 - $108.39  Bridgeport/Stamford $190,512.00 $91.59  $61.14  $68.10 - $108.39  Hartford $191,219.00 $91.93  $55.61  N/A - N/A  New Haven $174,369.00 $83.83  $52.65  N/A - N/A

Occupation Outlook ( 2016 - 2026 ) Average Annual Job Openings:   13   Employment in this occupation is expected to grow more slowly than average, and the number of annual openings will offer limited job opportunities.

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	Some of the occupational information on this page is formulated from O*NETTM v17.0 data. O*NETTM is a trademark of the U.S. Department of Labor, Employment and Training Administration.