Compensation Manager Job Duties

By | May 21, 2012

Compensation Manager Job Duties include taking care of the industrial accident cases. He is required to work on such cases to provide appropriate compensation to the employees. It is essential to have a relevant degree and also some work experience in the related field in order to practice this profession.

Compensation Manager Job Duties

  • Compensation Manager is required to study the cases related to industrial accidents.
  • Compensation Manager needs to represent the company at the hearings conducted for industrial accidents cases.
  • Compensation Manager is required to handle the labor disputes that may erupt due to various issues. He needs to work upon resolving them.
  • Compensation Manager is also involved in conducting exit interviews for the employees in order to find out their reason for leaving the job.
  • Compensation Manager may be required to discuss the cases of the employees demanding compensation with the department heads of the employees.
  • Compensation Manager is required to coordinate with the accounts department in order to get the compensation amount calculated.
  • Compensation Manager is required to understand the company‚Äôs budget set for compensation and provide compensation accordingly.
  • Compensation Manager needs to work as per the guidelines set by the company.
  • Compensation Manager is required to prepare reports on the compensation provided to the employees.
  • Compensation Manager needs to coordinate with the vendors to arrange for food and transportation services for the employees.
  • Compensation Manager is required to go through the legislation and arbitration decisions before taking any decision himself.
  • Compensation Manager is required to administer the employee benefit programs.

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