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 Maidenhead
To the west of London, just as the conurbation is beginning to fragment into more rural country, lies the town of Maidenhead. The town is on the commuter belt to London, whose centre is 25 miles (43 km) to the east, but also serves Reading 11 miles (18 km) to the west and Slough, its eastern neighbour. Maidenhead is served by trains on the London to Reading and Bristol line. The M4 and A404(M) pass to its south, and the A4 Bath Road passes through the town centre. Heathrow Airport is 12 miles (20 km) to the east.
The town appears to have grown around a bridge that was built to replace the ferry across the river in the middle ages, and some architecture from the period remains today, but the railway gave the town a real boost as it began to attract traders and new settlers. At the south eastern tip of the town is Eton Dorney, which was given international fame as the location of the rowing and canoe sprint events.
Although commuting is important to Maidenhead, and much of the local economy depends on it, there is some industry in the town, including software companies, the pharmaceuticals industry and plastics manufacture. The affluent populace, excellent communications to the capital and internationally, and a crop of local businesses mean that Compensation & Benefits Manager jobs in Maidenhead or the surrounding area are offered relatively frequently.
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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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