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%
$121,900
TOTAL 50%
$132,519
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)
Compares the pros and cons of two benefits vendors.
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Level 2 Behaviors
(Light Experience)
Collects required information to support the analysis of benefits program objective.
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Level 3 Behaviors
(Moderate Experience)
Communicates benefits clearly to employees based on company policies.
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Level 4 Behaviors
(Extensive Experience)
Analyzes industry trends to help improve overall benefits strategy and program offerings.
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Level 5 Behaviors
(Mastery)
Analyzes current benefits costs and creates a budget spreadsheet outlining annual benefits costs.
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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)
Cites key topics and areas in diversity and inclusion to identify impacts on our workplace.
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Level 2 Behaviors
(Light Experience)
Applies diversity and inclusion principles to promote an inclusive working environment.
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Level 3 Behaviors
(Moderate Experience)
Contributes to the development of a healthy work environment that values diversity and inclusion.
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Level 4 Behaviors
(Extensive Experience)
Develops collaborative leadership approaches to promote the values of diversity and inclusion.
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Level 5 Behaviors
(Mastery)
Adapts current programs and trends in diversity and inclusion to improve organizational performance.
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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)
Compiles a list of basic issues and risks for conducting our budget processes.
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Level 2 Behaviors
(Light Experience)
Applies established guidelines for conducting our budgeting processes.
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Level 3 Behaviors
(Moderate Experience)
Communicates budget objectives and plans to help identify financial trends and create budget forecasts.
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Level 4 Behaviors
(Extensive Experience)
Anticipates organizational income and expenses to make forecasts and develop budget plans.
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Level 5 Behaviors
(Mastery)
Adapts relevant industry trends on techniques in financial budgeting in our organization.
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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)
Describes the basic components and processes of resource management.
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Level 2 Behaviors
(Light Experience)
Assists in project and program management to coordinate resources activities and meet milestones.
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Level 3 Behaviors
(Moderate Experience)
Analyses resource utilization and cost to improve operational effectiveness.
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Level 4 Behaviors
(Extensive Experience)
Advises on resource planning, acquisition, and allocation for complex projects and programs.
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Level 5 Behaviors
(Mastery)
Builds strong relationships with external stakeholders and vendors to safeguard our business's resource requirements.
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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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