Necessary skills for Compensation & Total Rewards Manager: skills and requirements

General requirements of a Compensation & Total Rewards Manager

• Bachelor’s degree in a relevant field such as Human Resources, Finance, Business, or Economics
• 5+ years of progressive experience in total rewards, compensation, and benefit design, administration, and analysis
• Knowledge of relevant laws and regulations such as the Fair Labor Standards Act and Equal Pay Act
• Ability to analyze complex data and develop actionable insights
• Proven track record of developing and managing total rewards programs, including pay structures, incentive plans, and benefits packages

Skills and Behaviours for a Compensation & Total Rewards Manager

Compensation & Benefits Management
Compensation & Benefits management Employee Pension Employee Rewards Incentives
Financial accounting
Financial Reporting
HR Systems
HR technology Oracle HCM SAP SuccessFactors
Knowledge of regulatory frameworks
Regulations Statutory Requirements
Payroll Management
Payroll Payroll Administration Payroll Processing
Performance Management
Performance Appraisals Performance Management
Policy & Compliance Management
Company Policies Compliance Management Legal Compliance Policy Control
Analytical thinking
Gathering information and data Identifying cause and effect relationships
Communicating information
Asking the right questions Influencing and persuading others Synthesizing information
Developing others
Coaching others to succeed Enhancing individual and professional development Sharing knowledge, skills and expertise to others
Problem solving
Making fact based decisions to solve problems

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