A Compensation Manager plays a vital role in recruitment and retention. By completing Compensation Manager job duties, they can help your company offer compensation packages with competitive pay and benefits, increasing your chances of attracting quality candidates. In addition, their work makes it possible to offer pay increases and expanded benefits and perks that can increase job satisfaction and encourage employees to stay with your company. A skilled Compensation Manager can also help you control costs by developing creative solutions that add greater perceived value to compensation packages without requiring large increases in spending.
ਇੱਕ Compensation Manager ਕੀ ਕਰਦਾ ਹੈ?
A Compensation Manager, or Compensation and Benefits Manager, oversees the wages and benefits that employees receive for their work. They develop compensation programs, monitor their effectiveness and make revisions when necessary.