In this day in the life guide, you will find out:
- What does a day as Compensation and Benefits Managers looks like
- What do they do every day
- Things they do on a weekly or monthly basis
- How many hours do they work
The purpose of this is to give you a clear picture of this career so you can make a better career decision on whether this career is suitable for you or not.
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[qs_listing areaofinterest=”HUMAN-RESOURCES, , , , ” maxresults=”2″]Typical Day for Compensation and Benefits Managers
Here is a list of tasks that Compensation and Benefits Managers do every day.
- Plan, direct, supervise, and coordinate work activities of subordinates and staff relating to employment, compensation, labor relations, and employee relations.
Weekly and Monthly Tasks
Here is a list of tasks that Compensation and Benefits Managers do on a weekly or monthly basis.
- Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.
- Identify and implement benefits to increase the quality of life for employees, by working with brokers and researching benefits issues.
- Mediate between benefits providers and employees, such as by assisting in handling employees’ benefits-related questions or taking suggestions.
- Maintain records and compile statistical reports concerning personnel-related data such as hires, transfers, performance appraisals, and absenteeism rates.
- Conduct exit interviews to identify reasons for employee termination.
Working Hours
- How many hours do Compensation and Benefits Managers work per week? More than 40 hours per week
- What is the work schedule like? Regular (Set schedule and routine)
Work Environment
Indoors, Environmentally Controlled
Learn more about Compensation and Benefits Managers
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This career is also closely related to Benefit Director, Benefits Administrator, Benefits Coordinator, Benefits Manager, Business Manager, Compensation and Benefits Manager, Compensation Director, Compensation Manager, Controller or Corporate Controller.