Career and Education Opportunities for Compensation and Benefits Managers in Huntington, West Virginia
Compensation and benefits manager career and educational opportunities abound in Huntington, West Virginia. The national trend for compensation and benefits managers sees this job pool growing by about 8.5% over the next eight years. In general, compensation and benefits managers plan, direct, or coordinate compensation and benefits activities and staff of an organization.
A person working as a compensation and benefits manager can expect to earn about $34 hourly or $72,070 per year on average in West Virginia and about $41 per hour or $86,500 annually on average in the U.S. as a whole. Earnings for compensation and benefits managers are better than earnings in the general category of Human Resources in West Virginia and better than general Human Resources category earnings nationally. Jobs in this field include: controller, benefit director, and payroll manager.
There is one school within twenty-five miles of Huntington where you can study to be a compensation and benefits manager, among seventeen schools of higher education total in the Huntington area. The most common level of education for compensation and benefits managers is a Bachelor's degree. You can expect to spend about four years studying to be a compensation and benefits manager if you already have a high school diploma.
CAREER DESCRIPTION: Compensation and Benefits Manager
In general, compensation and benefits managers plan, direct, or coordinate compensation and benefits activities and staff of an organization.
Compensation and benefits managers analyze compensation policies and prevailing wage rates to develop competitive compensation plans. They also direct preparation and distribution of written and verbal data to inform employees of benefits and personnel policies. Equally important, compensation and benefits managers have to formulate and direct work efforts of subordinates and staff relating to employment and employee relations. They are often called upon to design methods to further optimize employment policies and practices, and recommend changes to management. They are expected to formulate policies, procedures and programs for recruitment orientation, benefits and compensation, and labor and industrial relations. Finally, compensation and benefits managers layout, evaluate and modify benefits policies to insure that programs are current, competitive and in adherence to legal requirements.
Every day, compensation and benefits managers are expected to be able to listen to and understand others in meetings. They need to read and understand documents and reports.
It is important for compensation and benefits managers to administer and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions. They are often called upon to mediate between benefits providers and employees. They also ready budgets for personnel operations. They are sometimes expected to negotiate bargaining agreements. Somewhat less frequently, compensation and benefits managers are also expected to layout, evaluate and modify benefits policies to insure that programs are current, competitive and in adherence to legal requirements.
Compensation and benefits managers sometimes are asked to investigate and report on industrial accidents for insurance carriers. and maintain records and compile statistical reports concerning personnel-related data such as hires and absenteeism rates. And finally, they sometimes have to direct preparation and distribution of written and verbal data to inform employees of benefits and personnel policies.
Like many other jobs, compensation and benefits managers must have exceptional integrity and be thorough and dependable.
Similar jobs with educational opportunities in Huntington include:
- Administrator. Plan, direct, or coordinate supportive services of an organization, such as recordkeeping, mail distribution, telephone operator/receptionist, and other office support services. May oversee facilities planning and maintenance and custodial operations.
- Healthcare Manager. Plan, direct, or coordinate medicine and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.
EDUCATIONAL OPPORTUNITIES: Compensation and Benefits Manager Training
Marshall University - Huntington, WV
Marshall University, 1 John Marshall Dr, Huntington, WV 25755. Marshall University is a large university located in Huntington, West Virginia. It is a public school with primarily 4-year or above programs. It has 13,656 students and an admission rate of 87%. Marshall University has a master's degree program in Labor and Industrial Relations which graduated thirty-four students in 2008.
Fundamental Payroll Certification: The Fundamental Payroll Certification (FPC) is open to all those who wish to demonstrate a baseline of payroll competency.
For more information, see the American Payroll Association website.
Manager of Quality/Organizational Excellence: The Certified Manager of Quality/Organizational Excellence is a professional who leads and champions process-improvement initiatives everywhere from small businesses to multinational corporations that can have regional or global focus in a variety of service and industrial settings.
For more information, see the American Society for Quality website.
Qualified 401(k) Administrator: The Qualified 401(k) Administrator (QKA) credential is conferred by ASPPA to retirement plan professionals who work primarily with 401(k) plans.
For more information, see the American Society of Pension Professionals and Actuaries website.
Business and Employer Services - Professional Certification: Professional certification exam for Business and Employer Services in workforce development.
For more information, see the Dynamic Works Institute website.
Global Professional in Human Resources: Globalization is the defining political and economic force in the world today.
For more information, see the HR Certification Institute website.
Certified Manager: Certified Manager certification is valued for the credibility and recognition it brings to managers and the organizations for which they work.
For more information, see the Institute of Certified Professional Managers website.
Program Management Professional: Project Management Institute's newest credential is specifically developed to acknowledge the qualifications of the professional who leads the coordinated management of multiple projects and ensures the ultimate success of a program.
For more information, see the Project Management Institute website.
Certified Compensation Professional: Recognized as the world's standard since 1976, the Certified Compensation Professional (CCP) designation is known throughout the global rewards community as a mark of expertise and excellence in all areas of compensation.
For more information, see the WorldAtWork website.
Certified Benefits Professional: Designed for today's dynamic benefits environment, the Certified Benefits Professional (CBP) program provides solid strategies and understanding.
For more information, see the WorldAtWork website.
LOCATION INFORMATION: Huntington, West Virginia
Huntington is situated in Cabell County, West Virginia. It has a population of over 49,185, which has shrunk by 4.4% over the last ten years. The cost of living index in Huntington, 84, is well below the national average. New single-family homes in Huntington cost $195,100 on average, which is far greater than the state average. In 2008, sixteen new homes were built in Huntington, down from thirty-five the previous year.
The top three industries for women in Huntington are health care, educational services, and accommodation and food services. For men, it is health care, educational services, and construction. The average travel time to work is about 18 minutes. More than 22.4% of Huntington residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 9.8%, is higher than the state average.
The unemployment rate in Huntington is 7.7%, which is the same as West Virginia's average of 7.7%. About 24.7% of Huntington's residents are below the poverty line, which is worse than the state average.
The percentage of Huntington residents that are affiliated with a religious congregation, 42.7%, is less than the national average but more than the state average. Glorious Church of God in Christ, South Side United Methodist Church and Good Samaritan United Methodist Church are some of the churches located in Huntington. The largest religious groups are the American Baptist Churches in the USA, the United Methodist Church and the Catholic Church.
Huntington is home to the Northcott Hall and the Foster Memorial Home as well as Holderby Commons and United States Post Office and Courthouse Historic District. Shopping malls in the area include Westland Plaza Shopping Center, Fairfield Plaza Shopping Center and Huntington Plaza Shopping Center. Visitors to Huntington can choose from Super 8, Cabell Huntington Hospital and Garden Park for temporary stays in the area.