Skills & Competencies for Benefits Manager

Benefits Manager job profile

JOB SUMMARY for Benefits Manager

Develops, implements, administers, and maintains benefits programs, policies, and procedures.

JOB RESPONSIBILITIES for Benefits Manager

Ensures programs are equitable, meet employee needs, comply with legal requirements, and are cost effective. Develops benefits communications and counsels employees on benefits related issues. Evaluates existing benefits programs against peer organizations to determine competitiveness, trends and developments.

Benefits Manager SALARY RANGE

BASE 50%
$123,466
TOTAL 50%
$134,225
Job Level
M02
Job Code
HR09200020
Education/Degree
Bachelor's Degree
Reports To
Director

Benefits Manager Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Benefits Manager skill and competencie below to view definitions.

9 general skills or competencies (Job family competencies) for Benefits Manager

1 Job Family Competencies – Benefit Programs
Proficiency Level -4
Skill definition-Designing, managing, assessing and implementing compensation plan to attract and retain talent.
Level 1 Behaviors
(General Familiarity)
Describes the process of designing employee benefits program.
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Level 2 Behaviors
(Light Experience)
Conducts appropriate audits of benefit programs in accordance with compliance standards.
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Level 3 Behaviors
(Moderate Experience)
Creates communication materials relating to updated compensation and benefit programs.
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Level 4 Behaviors
(Extensive Experience)
Develops a periodic evaluation process to determine effectiveness of benefits program.
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Level 5 Behaviors
(Mastery)
Champions the adoption of creative benefits package to ensure market competitiveness.
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2 Job Family Competencies – Diversity and Inclusion
Proficiency Level -3
Skill definition-Developing and promoting acquaintance, empowerment, and integration of each unique individual to create a productive and safe working environment.
Level 1 Behaviors
(General Familiarity)
Describes the best practices in diversity and inclusion to dismantle institutional and personal bias.
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Level 2 Behaviors
(Light Experience)
Assists in promoting diversity and inclusion to create healthy workplace environments.
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Level 3 Behaviors
(Moderate Experience)
Executes cultural programs and processes to maximize organizational diversity and inclusion goals.
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Level 4 Behaviors
(Extensive Experience)
Expands initiatives to reinforce a commitment to diversity and inclusion across our organization.
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Level 5 Behaviors
(Mastery)
Builds strategic partnerships across our organization to establish diversity and inclusion programs.
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3 Benefits Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Benefits Manager
Proficiency Level - 4
5 Competency for - Benefits Manager
Proficiency Level - 5

13 soft skills or competencies (core competencies) for Benefits Manager

1 Core Competencies – Budgeting
Proficiency Level -4
Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Describes the concepts and principles of budgeting operations.
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Level 2 Behaviors
(Light Experience)
Assists in developing and improving budgeting models, plans, and strategies.
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Level 3 Behaviors
(Moderate Experience)
Compares planned budgets vs. actual expenditures, identifies, reports, and explains variances.
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Level 4 Behaviors
(Extensive Experience)
Determines system capabilities and needs to improve the process for financial budgeting.
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Level 5 Behaviors
(Mastery)
Develops financial models to support the strategic improvement of our budgeting processes.
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2 Core Competencies – Resource Management
Proficiency Level -4
Skill definition-Planning, scheduling, coordinating and allocating people, money, and technology to achieve the greatest organizational value.
Level 1 Behaviors
(General Familiarity)
Lists different types of resources and their values.
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Level 2 Behaviors
(Light Experience)
Tracks resource reconciliation data and regularly reports to management.
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Level 3 Behaviors
(Moderate Experience)
Updates resource planning and requirements by identifying and responding to changing needs.
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Level 4 Behaviors
(Extensive Experience)
Oversees applicable resources and coordinates with key stakeholders to maximize utilization.
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Level 5 Behaviors
(Mastery)
Promotes the sharing of best practices in resource management and a resource-consciousness culture.
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3 Benefits Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Benefits Manager
Proficiency Level - 4
5 Competency for - Benefits Manager
Proficiency Level - 5

Summary of Benefits Manager skills and competencies

There are 0 hard skills for Benefits Manager.
9 general skills for Benefits Manager, Benefit Programs, Diversity and Inclusion, Employee Assistance Programs, etc.
13 soft skills for Benefits Manager, Budgeting, Resource Management, Planning and Organizing, etc.
While the list totals 22 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Benefits Manager, he or she needs to be skilled in Budgeting, be skilled in Resource Management, and be skilled in Planning and Organizing.

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