Compensation and Benefits Specialist Staffing
Tier2Tek Recruitment Agency provides solutions for Compensation and Benefits Specialist staffing. A Compensation and Benefits Specialist develops and designs the framework for employee compensation and benefits. Their responsibility is to research and find the fair market value for employee salaries and benefits packages.
For Compensation and Benefits Specialist Staffing
At Tier2Tek Recruitment Firm, we have years of experience in staffing roles such as Compensation and Benefits Specialists. We always take the time to learn about your company and what your ideal candidate looks like. In addition, we will make sure to bring the correct and best possible employees to your organization to improve your business within a reasonable time frame. We look forward to learning about your company and helping to bring you the right candidate.
What Does a Compensation and Benefits Specialist Do?
A Compensation and Benefits Specialist oversees establishing competitive compensation and benefit rates for the employees of a company. They will research the market and find the best salaries they can offer for job positions. Moreover, they design competitive rewards or benefit packages for employees. These can be anything from medical and dental benefits to commission bonuses.
Overall, the Compensation and Benefits Specialist helps a company determine the best salaries to offer employees. The happier the employees are, the more proficiently they will work. The Specialist also is called upon to get employees’ opinions on what they should offer.
According to Salary.com, the average salary for a Compensation Specialist is $64,288.
Responsibilities
- Designs compensation packages based on business goals and strategy.
- Creates a compensation guideline that matches the company.
- Conducts salary and labor market research to define market levels of salary and benefits.
- Applies effective communication strategies.
- Assesses employees’ needs by conducting organizational surveys.
- Ensures that compensation practices follow current laws and regulations.
- Conducts periodic audits. Prepares and presents reports.
- Provides corrective procedures to resolve problems.
- Is available for on-call responsibilities and on-demand client needs.
- Is available for overtime work when needed.