Compensation & Benefits Manager
The Mana ger of Compensation and Benefits d evelops , implement s and evaluate s compensation policies/programs and pay structures based upon internal equity and external market conditions that support the organizations strategic goals, objectives and values. This person will have a primary focus in Compensation but will also have involvement in benefits programs.
Type of Education Required:
- Participates in the strategy, design, development and implementation of compensation and benefits programs, encompassing a wide variety of compensation and benefits policies and procedures
- Knowledge of job evaluations methods, job pricing and pay structures, external labor markets and/or economic factors. Qualitative and quantitative methods and tools for analysis, interpretation and decision-making purposes
- Understanding of step and lane progression, union and non-union pay programs
- Reviews existing employee compensation and benefits programs to determine the external competitiveness of salaries and to ensure that benefits programs meet employees’ needs
- Ensures that compensation and benefits plans meet applicable legal requirements and Chicago Public Schools’ policies
- Assist Director of Compensation and Benefits in plan design and administration in the areas of salary administration, incentive program administration, job evaluation, salary survey completion and special projects
- Assist Director of Compensation and Benefits in plan design and administering employee benefits programs such as retirement plans; medical plans; dental plans; vision plans; wellness initiatives; term life insurance plans and STD/LTD disability programs
- Identify opportunities to improve compensation processes, including preparing and analyzing regular management and audit reports and ensuring integrity of the HRIS and other systems
- Leads compensation and benefits projects
- Prepares and conducts formal compensation and benefits presentations/training to management and employees
Bachelor’s degree from an accredited college or university, with the completion of coursework in business, finance, human resources, or related subjects business, finance, human resources, or related subjects. Master’s degree preferred.
Type of Experience and Number of Years:
A minim u m of seven years in the field of Compensation and Benefits.
Certification as a Certified Compensation Professional and/or Certified Employee Benefits Professional is preferred.
Monster - 12 months ago
The Chicago Public Schools is the nation's third-largest school district and the second-largest employer in Illinois, with more than 45,000...