Compensation Benefits Manager

About the role

The Compensation Benefits Manager designs, implements, and oversees the organization’s total rewards programs. This role ensures that compensation, benefits, and incentive plans attract, retain, and motivate employees while remaining cost‑effective and compliant with legal requirements.

Key responsibilities

• Develop and execute compensation and benefits strategies aligned with business objectives.
• Design salary structures, pay grades, incentive plans, and bonus programs.
• Conduct market salary surveys and benchmarking to maintain competitive pay.
• Review and recommend salary adjustments, promotions, and merit increases.
• Administer health insurance, retirement plans, leave policies, wellness initiatives, and other employee perks.
• Evaluate the effectiveness and cost efficiency of total rewards programs.
• Manage the annual compensation review and performance‑based reward processes.
• Analyze compensation data, prepare reports, and advise senior management.
• Collaborate with HR, Finance, and department heads on workforce planning and budgeting.
• Oversee job evaluation, grading, and position classification.
• Maintain compensation policies, procedures, and guidelines.
• Manage relationships with external vendors, insurance providers, and benefits consultants.
• Monitor industry trends and recommend improvements to total rewards offerings.
• Participate in restructuring, mergers, acquisitions, and workforce optimization from a compensation perspective.
• Prepare budgets and forecasts for compensation and benefits costs.
• Lead and mentor the compensation and benefits team where applicable.

Required profile

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field.
• 7–10 years of HR experience with several years focused on compensation and benefits.
• Professional certifications such as CCP, GRP, SHRM‑CP/SHRM‑SCP, or CIPD are preferred.
• Proven experience with compensation benchmarking and job evaluation methodologies.

Required skills