Top Compensation and Benefits Executive plans and directs compensation and benefits policies, objectives, and initiatives. Engages in high-level strategic planning of compensation and benefits programs designed to attract and retain employees. Being a Top Compensation and Benefits Executive ensures compensation and benefits programs remain within budgetary constraints and align with organizational goals. Monitors trends, provides recommendations, and suggests initiatives. Additionally, Top Compensation and Benefits Executive consults with legal and financial professionals to ensure compliant and financially sound programs. Evaluates vendors, negotiates and completes contracts. Requires a bachelor's degree. Typically reports to top management. The Top Compensation and Benefits Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Compensation and Benefits Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
The Compensation Consultant will assist with the design and policies of both Executive and broad-based compensation programs to include job evaluation, salary structures, merit matrices, salary range development, market pricing studies, and executive market analysis. This role will research, analyze, and provide recommendations on company compensation policies, practices, and guidelines to adhere with governmental regulations/requirements and to establish competitive pay practices
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Based on candidate experience and qualifications may consider a management role.
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