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 Gloucestershire
A county in the south-west of England, Gloucestershire shares borders with a number of counties - including Herefordshire, Worcestershire, Oxfordshire and Somerset - as well as Wales.
Various towns and cities are located here, such as Gloucester, Cheltenham, Stroud, Tewkesbury and Cirencester, and it offers a wealth of choice for those seeking Compensation & Benefits Manager vacancies.
For much of its past, this region has been agricultural, with market towns trading wool and dairy products. During the Industrial Revolution, textile making and cloth production became important to the local economy, and the canal network helped to make transport around the area easier.
These days, the service sector and tourism are both important for the area. Gloucestershire serves as a financial centre, home to companies like Cheltenham & Gloucester and Ecclesiastical Insurance, and it also has a number of aerospace companies like the Gloster Aircraft Company and GE-Aviation.
There's a large amount of light industry, with products being manufactured in Gloucestershire including foods and electronics.
The Government Communications Headquarters, also known as GCHQ, is located in Cheltenham, while a number of colleges and universities are also based within Gloucestershire.
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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