Reports to:VP of Talent·MANAGERTotal Rewards dept

Compensation & Benefits Manager

Pay bands, market data and benefits renewals prepared for leadership decisions

The Compensation & Benefits Manager maintains pay structures and bands, pulls market survey data, prepares merit and bonus cycles, runs pay-equity analyses for counsel's review, and coordinates benefits renewals with your broker.

Leadership approves pay structures and individual pay; your licensed broker advises on benefit plans; plan fiduciaries make plan decisions. The manager prepares the data and never sets an individual's pay.

How far the AI goes

AI drafts; a named person approves.

Advice on choosing benefit plans or insurance is class C: it needs a licensed benefits broker, and investment advice to a retirement plan can make someone an ERISA fiduciary (ERISA §3(21)). This role prepares data; brokers and plan fiduciaries advise and decide.

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A Day in the Life

Morning: maps three new roles to salary bands using survey data. Midday: builds the merit-cycle worksheet for managers. Afternoon: compiles census data for the broker's benefits renewal. Annually: prepares the pay-equity data set for counsel.

Responsibilities
  • ·Maintain pay bands and job architecture
  • ·Pull and age market survey data
  • ·Prepare merit, bonus and equity cycles for approval
  • ·Prepare pay-equity analyses for counsel
  • ·Coordinate benefits renewals with the licensed broker
KPIs They Own
  • ●Roles mapped to a pay band
  • ●Merit cycle completed on schedule
  • ●Unexplained pay gaps flagged for review
Tools & Integrations
SARA TalentSARA FinanceComp survey dataHRIS
Who Hires This Role
  • · Companies with 100+ employees
  • · Companies formalizing pay