Compensation and Benefits Managers
Plan, direct, or coordinate compensation and benefits activities of an organization.
At a Glance
Compensation and Benefits Managers earns a median of $140,360/yr with +0.2% projected growth. Typical entry: Bachelor's degree. Top skills: Adobe Photoshop, Microsoft PowerPoint, Microsoft Outlook.
$140,360/yr
+0.2%
2
Bachelor's degree
Skills & Requirements
Skills (15)
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.
Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Understanding the implications of new information for both current and future problem-solving and decision-making.
Motivating, developing, and directing people as they work, identifying the best people for the job.
Being aware of others' reactions and understanding why they react as they do.
Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Determining how money will be spent to get the work done, and accounting for these expenditures.
Knowledge (6)
Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
Knowledge of the structure and content of the English language including the meaning and spelling of words, and rules of composition and grammar.
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.
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.
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Abilities (12)
The ability to listen to and understand information and ideas presented through spoken words and sentences.
The ability to read and understand information and ideas presented in writing.
The ability to communicate information and ideas in speaking so others will understand.
The ability to communicate information and ideas in writing so others will understand.
The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.
The ability to apply general rules to specific problems to produce answers that make sense.
The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
The ability to choose the right mathematical methods or formulas to solve a problem.
The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).
Technology (18)
Category: Data base user interface and query software | Hot Technology
Work Activities (26)
Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
Developing constructive and cooperative working relationships with others, and maintaining them over time.
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
Observing, receiving, and otherwise obtaining information from all relevant sources.
Analyzing information and evaluating results to choose the best solution and solve problems.
Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
Keeping up-to-date technically and applying new knowledge to your job.
Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
Establishing long-range objectives and specifying the strategies and actions to achieve them.
Handling complaints, settling disputes, and resolving grievances and conflicts, or otherwise negotiating with others.
Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
Developing specific goals and plans to prioritize, organize, and accomplish your work.
Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.
Translating or explaining what information means and how it can be used.
Providing guidance and direction to subordinates, including setting performance standards and monitoring performance.
Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions.
Providing guidance and expert advice to management or other groups on technical, systems-, or process-related topics.
Performing day-to-day administrative tasks such as maintaining information files and processing paperwork.
Monitoring and controlling resources and overseeing the spending of money.
Scheduling events, programs, and activities, as well as the work of others.
Identifying the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills.
Identifying the educational needs of others, developing formal educational or training programs or classes, and teaching or instructing others.
Encouraging and building mutual trust, respect, and cooperation among team members.
Getting members of a group to work together to accomplish tasks.
Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.
Work Styles (1)
A tendency to be reliable, responsible, and consistent in meeting work-related obligations.
Careers with Overlapping Skills
These occupations share the most skills. A career transition between them means many of your skills transfer directly.
Human Resources Specialists
Business and Financial Operations · 210 shared skills
Human Resources Managers
Management · 208 shared skills
Advertising and Promotions Managers
Management · 207 shared skills
Software Quality Assurance Analysts and Testers
Computer and Mathematical · 207 shared skills
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive
Office and Administrative Support · 206 shared skills
Management Analysts
Business and Financial Operations · 206 shared skills
Compensation, Benefits, and Job Analysis Specialists
Business and Financial Operations · 206 shared skills
Accountants and Auditors
Business and Financial Operations · 206 shared skills
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