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Greg Dixon
Compensation and Benefits Manager
Summary
Highly accomplished Compensation and Benefits Manager with over 10 years of experience in developing and implementing comprehensive compensation and benefits programs. Proven track record of increasing employee motivation, productivity, and retention while ensuring compliance with legal and regulatory requirements. Skilled in conducting market research, analyzing compensation data, and negotiating collective bargaining agreements. Expertise in performance management, talent acquisition, and stock option plans.
Key Accomplishments:
- Spearheaded the development and implementation of a new performance-based pay structure, increasing employee motivation and productivity by 15%.
- Led the negotiation and execution of collective bargaining agreements with unions, resulting in cost savings of over $1 million annually.
- Developed and implemented a comprehensive benefits package that attracted and retained top talent, reducing turnover by 20%.
- Managed a complex compensation and benefits program for a multinational organization, ensuring compliance with legal and regulatory requirements in multiple jurisdictions.
- Conducted market research and analyzed compensation data to ensure competitive salaries and benefits, benchmarking against industry best practices.
- Developed and implemented a stock option plan aligned with company objectives, incentivizing employees to drive long-term success.
- Created and presented comprehensive compensation and benefits reports to senior management, providing insights for strategic decision-making.
- Managed a team of benefits specialists, providing guidance and support to employees on enrollment, coverage, and claims.
Education
Master’s Degree in Human Resources Management or a related field
February 2015
Skills
- Compensation and Benefits Management
- Employee Benefits Administration
- Compensation Analysis and Planning
- Performance Management
- Talent Acquisition and Retention
- Compensation Modeling
Work Experience
Compensation and Benefits Manager
- Conducted market research and analyzed compensation data to ensure competitive salaries and benefits, benchmarking against industry best practices.
- Developed and implemented a stock option plan aligned with company objectives, incentivizing employees to drive longterm success.
- Created and presented comprehensive compensation and benefits reports to senior management, providing insights for strategic decisionmaking.
- Managed a team of benefits specialists, providing guidance and support to employees on enrollment, coverage, and claims.
Compensation and Benefits Manager
- Spearheaded the development and implementation of a new performancebased pay structure, increasing employee motivation and productivity by 15%.
- Led the negotiation and execution of collective bargaining agreements with unions, resulting in cost savings of over $1 million annually.
- Developed and implemented a comprehensive benefits package that attracted and retained top talent, reducing turnover by 20%.
- Managed a complex compensation and benefits program for a multinational organization, ensuring compliance with legal and regulatory requirements in multiple jurisdictions.
Accomplishments
- Developed and implemented a comprehensive salary structure that aligns market competitiveness with internal equity, resulting in a 9% increase in employee satisfaction and a 5% reduction in turnover
- Negotiated favorable terms with health insurance providers, securing a 12% reduction in annual premiums while maintaining coverage levels and improving employee benefits
- Redesigned the companys retirement plan, transitioning from a traditional defined benefit plan to a hybrid plan that provides increased employee flexibility and reduces longterm liabilities
- Implemented a performancebased incentive program that differentiated top performers and resulted in a 15% increase in revenue
- Established a comprehensive employee financial wellness program that provides financial literacy training, retirement planning support, and access to financial advisors
Awards
- WorldatWork Total Rewards Excellence Award for Innovative Compensation Programs
- Employee Benefit News Trailblazer Award for Health and Welfare Plan Innovation
- Society for Human Resource Management (SHRM) Excellence Award for Compensation and Benefits Management
- National Business Group on Health (NBGH) Excellence Award for Wellness Program Effectiveness
Certificates
- Certified Compensation Professional (CCP)
- Certified Employee Benefits Specialist (CEBS)
- Senior Professional in Human Resources (SPHR)
- Certified Benefits Professional (CBP)
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How To Write Resume For Compensation and Benefits Manager
- Quantify your accomplishments whenever possible. For example, instead of saying “Developed a new performance-based pay structure,” say “Developed a new performance-based pay structure that increased employee motivation and productivity by 15%.”
- Use action verbs to highlight your skills and experience. For example, instead of saying “Responsible for compensation and benefits,” say “Developed and implemented comprehensive compensation and benefits programs.”
- Tailor your resume to each job you apply for. Be sure to highlight the skills and experience that are most relevant to the position.
- Proofread your resume carefully before submitting it. Make sure there are no errors in grammar or spelling.
Essential Experience Highlights for a Strong Compensation and Benefits Manager Resume
- Develop and implement competitive compensation and benefits programs that align with overall business objectives.
- Conduct market research and analyze compensation data to ensure competitive salaries and benefits.
- Design and administer employee benefits plans, including health insurance, retirement plans, and paid time off.
- Negotiate and execute collective bargaining agreements with unions.
- Oversee the administration of performance management systems and ensure compliance with legal and regulatory requirements.
- Develop and implement stock option plans and other incentive programs.
- Manage a team of compensation and benefits specialists.
Frequently Asked Questions (FAQ’s) For Compensation and Benefits Manager
What is the role of a Compensation and Benefits Manager?
Compensation and Benefits Managers are responsible for developing and implementing compensation and benefits programs that attract, motivate, and retain employees. They conduct market research, analyze compensation data, and negotiate with unions to ensure that their company’s compensation and benefits packages are competitive.
What are the key skills and qualifications for a Compensation and Benefits Manager?
Compensation and Benefits Managers should have a strong understanding of compensation and benefits principles, as well as experience in market research, data analysis, and negotiation. They should also be able to effectively communicate with employees at all levels of the organization.
What are the career prospects for a Compensation and Benefits Manager?
Compensation and Benefits Managers can advance to more senior roles in human resources, such as Human Resources Manager or Vice President of Human Resources. They may also choose to specialize in a particular area of compensation and benefits, such as executive compensation or employee benefits.
What is the average salary for a Compensation and Benefits Manager?
According to the U.S. Bureau of Labor Statistics, the median annual salary for Compensation and Benefits Managers is $126,020. The top 10% of earners make more than $197,330, while the bottom 10% earn less than $74,370.
What are the job outlook for Compensation and Benefits Managers?
The job outlook for Compensation and Benefits Managers is expected to grow by 7% from 2021 to 2031, faster than the average for all occupations. This growth is expected to be driven by the increasing demand for qualified professionals who can develop and implement competitive compensation and benefits programs.
What are the challenges facing Compensation and Benefits Managers?
Compensation and Benefits Managers face a number of challenges, including the increasing cost of healthcare, the need to attract and retain top talent, and the growing complexity of compensation and benefits regulations.
What are the rewards of being a Compensation and Benefits Manager?
Compensation and Benefits Managers can make a real difference in the lives of employees and their families. They can help to ensure that employees are fairly compensated and have access to the benefits they need to lead healthy and productive lives.