HR > Benefits Manager
Salary National Average
| Low | Medium | High |
|---|---|---|
| 64400.0000 | 82590.0000 | 106290.0000 |
Supply and Demand
Candidate Supply: 2,733 Job Openings: 2,310
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Salary Variance
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Short Description:
A Benefits Manager is responsible for overseeing and managing the employee benefits programs within an organization. Their duties include designing, implementing, and administering various benefits offerings such as health insurance, retirement plans, and wellness programs. Benefits Managers work to ensure compliance with relevant laws and regulations, negotiate contracts with benefit providers, and communicate effectively with employees about their benefits packages. Strong analytical skills, knowledge of benefits laws and trends, and effective collaboration with HR teams are essential for success in this role, as Benefits Managers contribute to the overall well-being and satisfaction of the workforce.
Duties / Responsibilities:
- Design, evaluate and modify benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements.
- Analyze compensation policies, government regulations, and prevailing wage rates to develop a competitive compensation plan.
- Fulfill all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Income Security Act (ERISA).
- Direct preparation and distribution to employees of benefits, compensation, and personnel policies.
- Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions.
- Plans, directs, supervises, and coordinates work activities of subordinates and staff relating to employment, compensation, labor relations, and employee relations.
- Identify and implement benefits to increase the quality of life for employees by working with brokers and researching benefits issues.
- Manage the design and development of tools to assist employees in benefits selection and to guide managers through compensation decisions.
- Prepare detailed job descriptions and classification systems and define job levels and families in partnership with other managers.
- Prepare budgets for personnel operations.
Skills / Requirements / Qualifications
- Management of Personnel Resources: Motivating, developing, and directing people as they work, identifying the best people for the job.
- Active Listening: Giving full attention to what other people are saying, taking time to understand the points made, asking questions as appropriate, and not interrupting at inappropriate times.
- Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to
- problems.
- Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Database user interface and query Software: Clayton Wallis CompGeo Online Professional Forecast Library; Microsoft Access; O*NET OnLine *; Salary.com
- Document management Software: Actuarial Systems Corporation Document Generation and Management System; Document management system software
- Enterprise resource planning ERP Software: Lawson software; PeopleSoft Enterprise Human Capital Management; SAP ERP Human Capital Management; SAP software
- Human resources Software: Actuarial Systems Corporation AIM; Humanic Design Human Resources Management System; Workscape Outsourced Employee Benefits Administration; Xactly Compel
- Time accounting Software: ADP Enterprise eTime; Kronos Workforce Timekeeper; Sage Abra.
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