What is a compensation manager?
Career: Compensation Manager
A compensation manager is part of a corporate HR team which researches and develops the pay policies in a company. They use research to help determine fair pay scales for all the company employees. Duties include helping the business with recruiting and integrating new employees. At a small company, they might be responsible for all aspects of the pay system, while at a larger company they may have specific responsibilities, such as doing market research or surveying workers.
Related Questions
- How to become a compensation manager?
- What are the key skills and qualifications needed to thrive as a compensation manager?
- What are some common challenges compensation managers face when designing competitive pay structures?
- What is the difference between Compensation Manager vs Compensation Analyst?
- What degree do you need to be a compensation manager?