Compensation and Benefits Managers salary in Chicago, Illinois

Salary distribution

Where Chicago compensation and benefits managers fall on the wage curve.

Typical entry

• Education

  Bachelor's degree

• Experience

  5 years or more

• On-the-job training

  None

Top skills (O*NET)

• Personnel and Human Resources

  Knowledge

  4.3 / 5

• English Language

  Knowledge

  4.1 / 5

• Writing

  Basic skill

  4.0 / 5

• Active Listening

  Basic skill

  4.0 / 5

• Reading Comprehension

  Basic skill

  4.0 / 5

• Administration and Management

  Knowledge

  4.0 / 5

• Speaking

  Basic skill

  4.0 / 5

• Oral Comprehension

  Ability

  4.0 / 5

Common tasks (O*NET)

1. 01

   Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.

2. 02

   Design, evaluate, and modify benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements.

3. 03

   Fulfill all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Income Security Act (ERISA).

4. 04

   Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.

5. 05

   Identify and implement benefits to increase the quality of life for employees by working with brokers and researching benefits issues.

6. 06

   Manage the design and development of tools to assist employees in benefits selection, and to guide managers through compensation decisions.

7. 07

   Mediate between benefits providers and employees, such as by assisting in handling employees' benefits-related questions or taking suggestions.

8. 08

   Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions.