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