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What They Do
About This Career
Plans, directs, or coordinates compensation and benefits activities of an organization.
This career is part of the Business Management and Administration cluster Human Resources Management pathway.
A person in this career:
- Directs preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.
- Designs, evaluates, and modifies benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements.
- Fulfills all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Income Security Act (ERISA).
- Analyzes compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.
- Identifies and implements benefits to increase the quality of life for employees by working with brokers and researching benefits issues.
- Manages the design and development of tools to assist employees in benefits selection, and to guide managers through compensation decisions.
- Mediates between benefits providers and employees, such as by assisting in handling employees' benefits-related questions or taking suggestions.
- Administers, directs, and reviews employee benefit programs, including the integration of benefit programs following mergers and acquisitions.
- Plans, directs, supervises, and coordinates work activities of subordinates and staff relating to employment, compensation, labor relations, and employee relations.
- Prepares detailed job descriptions and classification systems and defines job levels and families, in partnership with other managers.
Working Conditions and Physical Demands
People who do this job report that:
- You would sit most of the time. There's some walking and standing. You may have to lift and carry things like books, papers or tools weighing 10 lbs. or less.
- Work in this occupation requires being inside most of the time
- Work in this occupation involves sitting more than one-third of the time
Working in this career involves (physical activities):
- Seeing clearly up close
- Speaking clearly enough to be able to be understood by others
- Identifying and understanding the speech of another person
Work Hours and Travel
- Regular working hours and limited travel
Specialty and Similar Careers
Careers that are more detailed or close to this career:
- Benefits Coordinator
- Compensation Director
- Employee Benefits Coordinator
- Benefits Director — Responsible for completing all required paperwork needed to enroll and maintain qualified employees in the various benefits programs offered.
- Employee Benefits Manager
- Payroll Manager
- Compensation and Benefits Director
Every year the U.S. Department of Labor conducts national surveys of wage data by occupation in every state and in all industry divisions. These surveys are conducted through the Occupational Employment Statistics (OES) program.
The statistics collected for one year are published the next fall. For example, 2013 wage information was published in the fall of 2014.
There are over 800 occupations in the surveys, and these occupations cover the entire U.S. labor market. The surveys ask for reports in a scale of ranges for both hourly wages and annual wages.
In many cases, these occupations are broad enough to cover many more detailed specialties of an occupation. A specific occupation may be included in a broader occupational category for which labor market data is available. When you look at the statistics for a broad category, be aware that the salary data for a specific career may differ.
For more details about how wage information is collected and calculated by the U.S. Department of Labor, visit their website at http://www.bls.gov/bls/blswage.htm.
Every year the U.S. Department of Labor conducts a national survey of over 400,000
employers in every state and in all industry divisions. This survey is conducted
through the Occupational Employment Statistics (OES) program. Every other year the
department publishes outlook information based on these surveys.
Each outlook period covers 10 years. For example, in 2003 the outlook information
was published for 2004-2014. Employers are asked to report the number of employees
in about 770 different occupations that cover the entire U.S. labor market.
From this information, staffing patterns for different industries are established.
Industry growth is projected into the future based on past trends and current economic
conditions. Industry staffing patterns are then applied to the industry projections
to obtain occupational projections.
In many cases, these occupations are broad enough to cover many more detailed specialties
of an occupation. A specific occupation may be included in a broader occupational
category for which labor market data is available. When you look at the statistics
for a broad category, be aware that the employment data for a specific field may
differ.
For more details about how employment information is collected and calculated by
the U.S. Department of Labor, visit their website at http://stats.bls.gov/news.release/ocwage.tn.htm.
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