Careers > Compensation and Benefits Managers

Compensation and Benefits Managers

$131.28K Median Salary 1.5K Job Openings (Annual Projection) 3.7% Job Growth

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About This Career

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

Reported Job Titles

Benefits Coordinator, Benefits Director, Benefits Manager, Compensation and Benefits Director, Compensation and Benefits Manager, Compensation Director, Compensation Manager, Employee Benefits Coordinator, Employee Benefits Manager, Payroll Manager

Career data shown for:

Skills You'll Need

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Abilities

Oral Comprehension

Oral Expression

Written Comprehension

Written Expression

Problem Sensitivity

Speech Clarity

Speech Recognition

Deductive Reasoning

Near Vision

Inductive Reasoning

Fluency of Ideas

Mathematical Reasoning

Category Flexibility

Information Ordering

Number Facility

Originality

Knowledge

Personnel and Human Resources

English Language

Administration and Management

Customer and Personal Service

Economics and Accounting

Mathematics

Administrative

Law and Government

Skills

Active Listening

Reading Comprehension

Speaking

Writing

Critical Thinking

Judgment and Decision Making

Active Learning

Management of Personnel Resources

Time Management

Social Perceptiveness

Complex Problem Solving

Monitoring

Management of Financial Resources

Systems Analysis

Systems Evaluation

Coordination

Negotiation

Service Orientation

Instructing

Learning Strategies

Mathematics

Persuasion

Technology Skills

Enterprise resource planning ERP software

Presentation software

Human resources software

Data base user interface and query software

Medical software

Electronic mail software

Accounting software

Graphics or photo imaging software

Document management software

Desktop publishing software

Analytical or scientific software

Web page creation and editing software

Project management software

Spreadsheet software

Video creation and editing software

Office suite software

Cloud-based data access and sharing software

Word processing software

Data base reporting software

Internet browser software

Process mapping and design software

Tools

Photocopiers

Read write digital versatile disc DVD

Personal digital assistant PDAs or organizers

Notebook computers

High capacity removable media drives

Tablet computers

Liquid crystal display projector

Scanners

Desktop computers

Personal computers

Desktop calculator

Abilities

Oral Comprehension: The ability to listen to and understand information and ideas presented through spoken words and sentences.
Oral Expression: The ability to communicate information and ideas in speaking so others will understand.
Written Comprehension: The ability to read and understand information and ideas presented in writing.
Written Expression: The ability to communicate information and ideas in writing so others will understand.
Problem Sensitivity: 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.
Speech Clarity: The ability to speak clearly so others can understand you.
Speech Recognition: The ability to identify and understand the speech of another person.
Deductive Reasoning: The ability to apply general rules to specific problems to produce answers that make sense.
Near Vision: The ability to see details at close range (within a few feet of the observer).
Inductive Reasoning: The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
Fluency of Ideas: 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).
Mathematical Reasoning: The ability to choose the right mathematical methods or formulas to solve a problem.
Category Flexibility: The ability to generate or use different sets of rules for combining or grouping things in different ways.
Information Ordering: The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
Number Facility: The ability to add, subtract, multiply, or divide quickly and correctly.
Originality: The ability to come up with unusual or clever ideas about a given topic or situation, or to develop creative ways to solve a problem.

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.
English Language: Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
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.
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.
Economics and Accounting: Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Mathematics: Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Administrative: Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.
Law and Government: Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

Skills

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.
Reading Comprehension: Understanding written sentences and paragraphs in work-related documents.
Speaking: Talking to others to convey information effectively.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
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.
Management of Personnel Resources: Motivating, developing, and directing people as they work, identifying the best people for the job.
Time Management: Managing one's own time and the time of others.
Social Perceptiveness: Being aware of others' reactions and understanding why they react as they do.
Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Monitoring: Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Management of Financial Resources: Determining how money will be spent to get the work done, and accounting for these expenditures.
Systems Analysis: Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Systems Evaluation: Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
Coordination: Adjusting actions in relation to others' actions.
Negotiation: Bringing others together and trying to reconcile differences.
Service Orientation: Actively looking for ways to help people.
Instructing: Teaching others how to do something.
Learning Strategies: Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
Mathematics: Using mathematics to solve problems.
Persuasion: Persuading others to change their minds or behavior.

Technology Skills

Enterprise resource planning ERP software: Oracle JD Edwards EnterpriseOne; Oracle PeopleSoft; Oracle PeopleSoft Financials; SAP software
Presentation software: Microsoft PowerPoint
Human resources software: ADP Workforce Now
Data base user interface and query software: Blackboard software; Database software; Microsoft Access; Yardi software
Medical software: Henry Schein Dentrix; Medical condition coding software; Medical procedure coding software; MEDITECH software
Electronic mail software: IBM Notes; Microsoft Exchange; Microsoft Outlook
Accounting software: Billing software; Bookkeeping software; Intuit QuickBooks; Sage 50 Accounting
Graphics or photo imaging software: SmugMug Flickr
Document management software: Adobe Systems Adobe Acrobat; Filing system software; Records management software; Transcription system software
Desktop publishing software: Adobe Systems Adobe InDesign; Microsoft Publisher
Analytical or scientific software: Statistical analysis software; TapRooT
Web page creation and editing software: Facebook; Google Sites; LinkedIn; Social media sites
Project management software: Mavenlink; Microsoft Project
Spreadsheet software: Microsoft Excel
Video creation and editing software: YouTube
Office suite software: Microsoft Office software
Cloud-based data access and sharing software: Dropbox; Google Drive; Microsoft SharePoint
Word processing software: 3M Post-it App; Evernote; Google Docs; Microsoft Word
Data base reporting software: SAP BusinessObjects Crystal Reports
Internet browser software: Web browser software
Process mapping and design software: Microsoft Visio

Tools

Photocopiers: Photocopying equipment
Read write digital versatile disc DVD: Optical disk drives
Personal digital assistant PDAs or organizers: Personal digital assistants PDA
Notebook computers: Laptop computers
High capacity removable media drives: Universal serial bus USB flash drives
Tablet computers:
Liquid crystal display projector: Liquid crystal display LCD projectors
Scanners: Data input scanners
Desktop computers:
Personal computers:
Desktop calculator: 10-key calculators

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