Compensation Manager Jobs in Nova Scotia
A Compensation Manager in the human resources industry is responsible for the development, implementation, and management of a company's compensation strategy. They assess the organization's pay structure, analyze compensation data within the industry, ensure internal and legal pay equity, and design incentive and benefits programs to attract and retain top talent. Additionally, they monitor the effectiveness of these programs and make adjustments as needed. They also collaborate with HR and management to develop job descriptions and determine the appropriate compensation.
To become a successful Compensation Manager, one should possess strong analytical, communication, decision-making, and leadership skills. They should also have a sound understanding of HR practices and labor legislation. Professional certifications like Certified Compensation Professional (CCP), Professional in Human Resources (PHR), or Senior Professional in Human Resources (SPHR) are often preferred. Prior to becoming a Compensation Manager, an individual might have roles such as Compensation Analyst, HR Generalist, or HR Manager.
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Compensation Manager Online Courses and Training Opportunities
Title Synonyms
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Salary for Compensation Manager Jobs in Nova Scotia
Required or preferred licenses and certifications for Compensation Manager positions.
Highest Education Level
Compensation Managers in Nova Scotia offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Compensation Manager position
- VLOOKUP
- Multi-State Payroll
- Human Resources (HR) Operations
- Compensation Analysis
- Global HR
- Benefit Plan Design
- HR Strategy
- Leave Administration
- Open Enrollment
- HR Leadership
- Leave Management
- Human Resources Information System
- Employee Communications
- Benefits Enrollment
- Executive Compensation
- Total Rewards
- Employee Retirement Income Security Act (ERISA)
- Compensation Administration
- Certified Payroll
- Affordable Care Act
- Employee Benefits
- Consolidated Omnibus Budget Reconciliation
- Family And Medical Leave Act
- Garnishments
- Payroll Taxes
- Human Capital Management (HCM)
- Payroll Processing
- Benefits Administration
- Benchmarking
- Automatic Data Processing
- Pivot Tables
- Resolution
- Wellness
- Claims
- Reimbursement
- Vendor Management
- Strategy Development
- Finance
- Implementation
- Payroll
- Accounting
- Auditing
- Consulting
- Prioritizing
- Collaboration
- Reporting
- Documentation
- Filing
- Bachelor's Degree
- Regulations
- Microsoft PowerPoint
- Microsoft Office
- Project Management
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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