Compensation and Benefits Manager Jobs
No matter how fulfilling a job is or how well regarded the company is, the truth is that people go there to earn a living. In competitive sectors, compensation is perhaps the number one factor in securing the very best employees. That’s why many companies have dedicated compensation managers. Their job is to assess the true value of a position to the company, and to weigh this up against the skill sets of the personnel performing the task. It’s a delicate job, calculating salaries that retain and attract the best while remaining competitive and profitable, but get it right and the compensation manager can become a highly valuable member of the team.
Benefits are also a key factor in attracting great employees. This is also part of the C&B manager’s remit, creating complete packages that help to bring in top talent, to give them attractive packages and to ensure compensation and benefits are reviewed regularly to ensure a satisfied team.
The skills required
Experience in compensation and benefits management will be of great help, as the task is a very skilled one, requiring balance and judgement. A knowledge of what motivates employees in the sector is useful, so experience in the industry will be of benefit.
The task requires some complex mathematical skills to ensure that employees and their roles are given exact valuations, but it’s not just about the amount of money a person is personally bringing into the company; it is also about factoring in things such as competitor salaries and benefits, plus the costs of high staff turnover. Reporting to the board is a regular part of the job, as your decisions need to go through financial scrutiny. You will need the strength of character to argue your case when directors are questioning your assessments or calculations.
Compensation & Benefits Manager Jobs in Barnsley
Barnsley is a town of about 75,000 population in South Yorkshire. Roughly speaking it would be the centre point of a circle that passed though Leeds, Sheffield, Doncaster and Huddersfield, each of which is about 14 miles (25 km) away. To its south west is the beautiful Peak District National Park. Barnsley is served by the M1 running north-south, as well as the Sheffield to Leeds railway.
Barnsley was originally a market town and also traveller’s rest location for people moving to and from Leeds and Sheffield, but the discovery of coal and the Industrial Revolution turned it into a powerhouse of productivity. The Barnsley Canal was completed at the start of the nineteenth century, and although it was closed in the mid-20th century (partly due to subsidence from mining, ironically), there is a campaign to get it fixed, dredged and reopened for recreation. Much of the heavy industry has now gone, although one of its specialisms, glassmaking, remains active. A glassblower and a miner appear on Barnsley’s coat of arms.
The town has given us a number of famous people, particularly in sport. Cricket without Dickie Bird and Darren Gough would not be quite the same, and football was made a little more colourful by Mick McCarthey. Perhaps the most famous child of Barnsley, though, is chat show host to the stars of the 70s and 80s, Michael Parkinson.
While Barnsley’s industrial base is a shadow of its former self, it is still possible to find Compensation & Benefits Manager positions in the town. It has a sizeable population and serves a wide area, with no other major settlements closer than the cities of Sheffield and Leeds.
Popular locations
Find Compensation and Benefits Management Jobs with Cast UK
Working in executive and management-level HR recruitment, Cast UK is well placed to fill your compensation and benefits manager positions as they arise. We are a recruitment consultancy based in Manchester and with offices in Birmingham and London, but we source executives and managers for companies up and down the UK.
The strength of our relationships with our clients means that they come to us first when they have manager roles to fill. We in turn have on file the details of many potential candidates, who we screen for compatibility before sending them on to the clients. It’s an arrangement that works perfectly for both parties, so whether you’re looking for an opening or need to fill one, call us today on 0333 121 3345.
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