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Compensation Manager - 1235115

 Job Description:


The Benefits Manager is responsible for development, implementation and optimization of programs, incentives, processes and structures, annual merit budgeting / execution, identification and enhancement of compensation tools and systems, sales compensation design and administration, competitiveness reviews, analytics and reporting practices, and compliance.  


Job Duties:


  • Coordinate and supervise the work activities of staff
  • Set the organization’s pay and benefits structure
  • Monitor competitive wage rates to develop or modify compensation plans
  • Choose and manage outside partners, such as benefits vendors, insurance brokers, and investment managers
  • Oversee the distribution of pay and benefits information to the organization’s employees
  • Ensure that pay and benefits plans comply with federal and state regulations
  • Prepare a program budget and operate within that budget


Requirements:


  • Minimum of 5 years experience in compensation professional role(s)
  • Bachelor's degree in business, human resources, or a related field and/or relative experience
  • Knowledge of all federal, state, and local regulations and compliance requirements
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Location:
Chicago, IL
Industry:
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Job Type:
Full Time
Date Posted
01/29/2023