Compensation and Benefits Director is responsible for the design, implementation, and ongoing evaluation of the organization's compensation and benefits programs, including base pay, incentive pay, health and welfare benefits, and retirement benefits. Works with senior management to ensure that compensation and benefits programs support the organization's business objectives and meet all legal requirements. Being a Compensation and Benefits Director develops compensation and benefits budget for assigned areas and manages budget after it is approved. May be responsible for entire organization or for one or more major segments of a larger organization. Additionally, Compensation and Benefits Director requires a bachelor's degree. Typically reports to top management. The Compensation and Benefits Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Compensation and Benefits Director typically requires 5+ years of managerial experience.