Career Details
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Career Details

11-3111.00 - Compensation and Benefits Managers


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


Key Facts
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Bright Outlook
Career Details
Green Job
Career Details
Current Employment
16,900
Estimate
Forecasted Employment
18,000
Estimate
Change in Employment
+1,100
Estimate
Change in Employment %
+6.5%
Estimate
Tasks
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Tasks
The tasks listed below can be performed to prepare you for a career in this field.
Core
  • 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, 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.
  • Fulfill all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Income Security Act (ERISA).
  • Develop methods to improve employment policies, processes, and practices, and recommend changes to management.
  • Prepare detailed job descriptions and classification systems and define job levels and families, in partnership with other managers.
  • Manage the design and development of tools to assist employees in benefits selection, and to guide managers through compensation decisions.
  • Prepare budgets for personnel operations.
  • Study legislation, arbitration decisions, and collective bargaining contracts to assess industry trends.
Supplemental
  • Advise management on such matters as equal employment opportunity, sexual harassment, and discrimination.
  • Plan and conduct new-employee orientations to foster positive attitude toward organizational objectives.
  • Maintain records and compile statistical reports concerning personnel-related data, such as hires, transfers, performance appraisals, and absenteeism rates.
  • Analyze statistical data and reports to identify and determine causes of personnel problems, and develop recommendations for improvement of organization's personnel policies and practices.
  • Negotiate bargaining agreements.
  • Investigate and report on industrial accidents for insurance carriers.
  • Represent organization at personnel-related hearings and investigations.
  • Conduct exit interviews to identify reasons for employee termination.
  • Prepare personnel forecasts to project employment needs.
  • Contract with vendors to provide employee services, such as food services, transportation, or relocation service.
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Knowledge
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Knowledge

The items listed below are organized into sections that contain knowledge useful for pursuing a career in this field. Each section also contains a "Percentage of Importance" statistic that shows how relevant an item is to the occupation.
 Personnel and Human Resources
  • 89%
    Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
 Administration and Management
  • 82%
    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
  • 72%
    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
  • 70%
    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
  • 70%
    Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
 Law and Government
  • 69%
    Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
 Economics and Accounting
  • 67%
    Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
 Computers and Electronics
  • 59%
    Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
 Psychology
  • 50%
    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.
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Tools
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Tools
The tools listed below include machines, equipment, tools, and software that is useful for individuals who are interested in this career.
 Media storage devices
  • Optical disk drives
  • Universal serial bus USB flash drives
 Computers
  • Laptop computers
  • Notebook computers
  • Personal digital assistants PDA
  • Desktop computers
  • Personal computers
  • Tablet computers
 Duplicating machines
  • Photocopying equipment
 Projectors and supplies
  • Liquid crystal display LCD video projectors
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Technology
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Technology
The technologies listed below include machines, equipment, tools, and software that is useful for individuals who are interested in this career.
 Business function specific software
  • !Trak-it Solutions !Trak-it HR
  • ADP Employease
  • ADP HR/Benefits Solution
  • ADP Workforce NowHOT
  • ASL HR Director
  • Apex Business Software iHR
  • Ascentis HR
  • Asure Software HCM
  • Auxillium West HRnetSource
  • Blue Chip Computer Consultants HumaNET
  • Ceridian
  • Consultants in Data Processing HRnet
  • Datamatics V-Core HR
  • DenoSys HRiStragegy
  • FSC Business Solutions Department Managers' Toolkit
  • Genesys PeopleComeFirst
  • Global Groupware Solutions Limited Smiles ERM On-Demand
  • HR-ease
  • HRMS Solutions iVantage
  • HarrisData Human Resources Information System HRIS
  • Human resource information system HRIS
  • Human resource management software HRMS
  • Humanic Design Human Resources Management System
  • Jenss & Associates CompKeeper
  • Lawson Human Resource Management
  • NOW Solutions emPath
  • NuView Systems NuViewHR
  • Nuview Systems Cort HCM
  • OrangeHRM
  • PDS Vista HRMS
  • PSTek
  • People-Trak HR Essentials
  • PerfectSoftware PerfectHR
  • Piney Creek Digital Protocol System
  • Quadkey HR Server
  • Sage Abra HRMS
  • Saigun Technologies EmpXtrack
  • Sentient Online MarketPrice
  • Trigon Road Forte Leave Management
  • UCN inContact Workforce Management Software WFM
  • Ultimate Software UltiPro
  • Vantage Point Software HRA
  • hSenid Business Solutions HRM Enterprise
  • iEmployee
  • Experience in Software Webplanner
  • Microsoft ProjectHOT
  • Microsoft SharePointHOT
  • Microsoft OfficeHOT
 Finance accounting and enterprise resource planning ERP software
  • Deltek Costpoint
  • Intuit QuickBooksHOT
  • BrainworksHOT
  • Enterprise resource planning ERP softwareHOT
  • Microsoft Dynamics GPHOT
  • Oracle E-Business SuiteHOT
  • Oracle HyperionHOT
  • Oracle JD Edwards EnterpriseOneHOT
  • Oracle PeopleSoftHOT
  • SAPHOT
 Content authoring and editing software
  • Adobe Systems Adobe IllustratorHOT
  • Adobe Systems Adobe PhotoshopHOT
  • Microsoft VisioHOT
  • Apple iMovie
  • Microsoft WordHOT
  • Microsoft PowerPointHOT
  • Adobe Systems Adobe Dreamweaver
  • Adobe Systems Adobe Flash Player
  • LinkedInHOT
  • Microsoft ExcelHOT
  • Adobe Systems Adobe PageMaker
  • Quark
 Content management software
  • Atlas Business Solutions Staff Files
  • Document management system software
 Data management and query software
  • AdRelevance
  • Microsoft AccessHOT
  • Microsoft Dynamics Marketing
  • Microsoft SQL ServerHOT
  • PaloAlto Advertising Plan Pro
  • Structured query language SQLHOT
 Industry specific software
  • Business analysis software
  • Relex Weibull
  • Healthcare common procedure coding system HCPCSHOT
  • e-MDs Bill
 Information exchange software
  • IBM NotesHOT
  • Microsoft OutlookHOT
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Certifications
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Certifications
The certifications listed below are useful to pursue if you are interested in a career in this field.
 Specialty
 Advanced
 Product/Equipment
  • IBM Certified Associate - Kenexa Compensation
    1133 Westchester Avenue White Plains, NY 10604404-238-1234 (outside U.S.)

  • Oracle Fusion Global Human Resources 2014 Essentials
    500 Oracle Parkway, Redwood Shores, CA 94065800-833-3536

  • Oracle Fusion HCM: Talent Management 2014 Certified Implementation Specialist
    500 Oracle Parkway, Redwood Shores, CA 94065800-833-3536

  • Oracle Fusion Incentive Compensation 2014 Essentials
    500 Oracle Parkway, Redwood Shores, CA 94065800-833-3536

 Core
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Licensing
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Licensing
The licensing information below is organized into sections and is useful for pursuing if you are interested in a career in this field.
No specific licensing information is listed for this occupation in the area you have selected.
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Related Programs
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Programs related to this career, offered by participating institution(s), are listed below.

Clicking on the Degree programs in the list below will take you away from the Careers page.
INSTITUTION
PROGRAMS
Peirce College
Jobs
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Jobs related to this career may be found on Indeed.com or on the Google Job Search page.