Compensation and Benefits Manager manages the design, implementation, administration, communication, and ongoing evaluation of the organization's compensation and benefits programs, policies, and procedures. Ensures that compensation and benefits programs support the organization's business objectives and meet all legal requirements. Being a Compensation and Benefits Manager develops and manages compensation and benefits budgets. Oversees compensation processes, including survey participation, job evaluation, salary structure development, base pay administration, incentive plan design and analysis. Additionally, Compensation and Benefits Manager manages benefits planning and programs including health and welfare, retirement, and work life. May select and manage outsourced providers. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Compensation and Benefits Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Compensation and Benefits Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Brand: LVMH Watch & Jewelry (TAG Heuer and Zenith Watches
Reports to: Vice-President of HR – Watch & Jewelry Americas
Location: Springfield, NJ (Hybrid: 3 days in office; 2 days WFH)
FLSA Status: Exempt
The C&B Manager is primarily responsible for leading all aspects of the organization's compensation and benefit programs, payroll, policies, and procedures ensuring alignment with the corporate business strategy and achievement of competitive market position for both corporate and retail populations across the Watch & Jewelry division in the Americas. This includes oversight and day to day management of the headcount reports and overhead budgets. Additionally, they assist and support the Human Resources Vice-President in other key projects and HRIS implementations. They will also manage a Payroll and Benefits Specialist. The C&B Manager is responsible for ensuring that our programs meet the employee’s needs, follow legal requirements, and are efficient.
COMPENSATION AND BENEFITS (60%)
The C&B Manager ensures the compensation and benefits programs enhance the organization's ability to recruit and retain employees. Rewards and benefits include: salaries and bonuses plus employee benefits, such as 401K, insurance coverages, relocation, and any others.
HRIS (20%)
BUDGET PLANNING & REPORTING (10%)
PAYROLL (10%)