Head of Compensation & Benefits - Ceredigion
Head of Compensation and Benefits Jobs
In the modern company, competition to land the best talent is almost as prized as it is to win market share in the sector. It has long been recognized that employees’ contributions to a company can make or break it, and that employees who feel undervalued – rightly or wrongly – will soon start looking elsewhere. It is the head of compensation and benefits’ job to use pull factors such as salaries, bonuses, pensions etc. to attract and retain employees.
The role requires a strategic mindset, as employees’ motivations change as they serve more time at a company and climb its ladder. A programme of review and assessment will need to be put in place or maintained, and liaison with employees’ managers will help guide the compensation and benefits decisions for individual employees. Essentially that will mean making cost-benefit analyses for each employee and rewarding them appropriately. While the role might be overseeing a compensation team in larger companies, in smaller ones, the task may be all down the head herself or himself.
The skills required
A strategic, analytical mindset is a key asset in the role of head of compensation and benefits. You will be assessing the value of employees but you also have a hand in motivating them through the use of perks and other incentives. As compensation is an expenditure to a company – and often its largest outgoing – the role will require a sense of balance, honest, unemotional assessment of an employee’s worth to the company. Reporting to the board, you will need to justify the compensation and benefits you decide on, and evidence of your case will need to be presented to get approval.
Experience in working with benefits and compensation at a management or executive level will be an important asset for this role. You must be able to demonstrate a deep understanding between employee motivation, productivity and profitability and how they interrelate. Evidence of schemes and initiatives you have previously put in place to that end will also be of great benefit.
Popular Cities & Towns
Milton Keynes, Buckinghamshire
Up to £40000.00 per annum
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£40000.00 - £45000.00 per annum
Technical Manager in Food Manufacturing Location: London Salary: £40,000 - £45,000 An experienced Technical Manager is sought by a leading Food Manufacturing business in London. This is an exciting op...
£35000.00 - £37000.00 per annum
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Mechanical Workshop Engineer
Stockport, Greater Manchester
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£52000.00 - £55000.00 per annum
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North West England
£90000 - £100000 per annum Car, Pension, Bonus
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Up to £60000 per annum
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Typical roles we recruit forROLES
Head of Compensation & Benefits Jobs in Ceredigion
Ceredigion is a county on the west coast of Wales. Its concave, curving coastline forms the coast of Cardigan Bay, and its sandy beaches make it a popular holiday destination, with Aberystwyth and New Quay being best known. Ceredigion is searated from Gwynedd in the north by the River Dovey; its clockwise land neighbours are, from the north, Powys, Carmarthenshire and Pembrokeshire.
The administrative town of Ceredigion is Aberystwyth, with a population of around 16,000. The population of the entire county is about 75,000. Tourism, from the coast on the west and the Cambrian Mountains to the west, as well as a wealth of historical sites such as castles, is important to the county’s economy, and can be good news for those looking for Head of Compensation & Benefits jobs in the area.
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