Occupation information for Compensation and Benefits Managers District Of Columbia

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description

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

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details

Currently Employed: 120

Projected Annual Job Openings: 10

Typical Hourly Wage: $58.58 - $89.53

Typical Annual Salary: $121,840 - $186,210

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typical training

Typical education needed for entry: Bachelor's degree

Typical work experience needed for a job in this occupation: 5 years or more work experience

Typical on-the-job training once you have a job in this occupation: No on-the-job training

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typical job duties

Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.
Design, evaluate, and modify benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements.
Fulfill all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Income Security Act (ERISA).
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.
Manage the design and development of tools to assist employees in benefits selection, and to guide managers through compensation decisions.
Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions.
Mediate between benefits providers and employees, such as by assisting in handling employees' benefits-related questions or taking suggestions.
Plan, direct, supervise, and coordinate work activities of subordinates and staff relating to employment, compensation, labor relations, and employee relations.
Prepare detailed job descriptions and classification systems and define job levels and families, in partnership with other managers.

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