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Mitch Bryant
Head of Compensation and Benefits
Summary
A highly skilled and experienced Head of Compensation and Benefits with over 10+ years of experience in developing and implementing competitive compensation and benefits packages. Proven track record of increasing employee retention, negotiating favorable group health insurance rates, and conducting comprehensive compensation and benefits benchmarking studies. Expertise in employee relations, regulatory compliance, and performance management. Seeking a challenging role where I can leverage my skills to drive organizational success.
Education
Master’s in Business Administration (MBA)
October 2018
Skills
- FLSA Compliance
- Benefit Plan Design
- Compensation Analysis
- Performance Management
- Employee Relations
- Regulatory Compliance
Work Experience
Head of Compensation and Benefits
- Collaborated with senior management to develop and execute a company-wide employee benefits package that provided comprehensive coverage for medical, dental, vision, and retirement benefits.
- Administered and managed a flexible benefits plan that allowed employees to customize their benefits packages based on their individual needs, leading to a 12% increase in employee satisfaction.
- Developed and implemented an employee recognition program that rewarded employees for outstanding performance and contributions, fostering a culture of appreciation and motivation.
- Established and maintained relationships with external compensation consultants to benchmark the organization’s compensation and benefits practices against industry peers.
Head of Compensation and Benefits
- Developed and implemented a comprehensive compensation and benefits strategy that aligned with the organization’s strategic objectives and resulted in a 15% increase in employee retention.
- Led a team of compensation analysts in conducting market research, analyzing compensation data, and recommending competitive compensation packages that met industry benchmarks.
- Successfully negotiated and administered collective bargaining agreements with labor unions, ensuring compliance with legal and regulatory requirements while maintaining positive labor relations.
- Designed and implemented a performance-based compensation program that incentivized employees to achieve specific goals and objectives, resulting in a 10% increase in productivity.
Accomplishments
- Developed and implemented competitive compensation packages that increased employee retention by 15%
- Negotiated favorable group health insurance rates, resulting in annual cost savings of $500,000
- Conducted comprehensive compensation and benefits benchmarking studies to ensure alignment with industry best practices
- Led the development of a new 401(k) plan that increased employee participation by 20%
- Implemented a performancebased bonus program that enhanced employee motivation and productivity
Awards
- WorldatWork Total Rewards Champion Award for innovative compensation and benefits programs
- Business Insurance Best in Benefits Award for exceptional employee benefits offerings
- Society for Human Resource Management (SHRM) Outstanding Compensation and Benefits Professional of the Year
- Certified Compensation Professional (CCP) from WorldatWork
Certificates
- Certified Compensation Professional (CCP)
- Certified Employee Benefits Specialist (CEBS)
- Certified Compensation and Benefits Professional (CCBP)
- Global Remuneration Professional (GRP)
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How To Write Resume For Head of Compensation and Benefits
- Highlight your experience in developing and implementing competitive compensation and benefits packages.
- Quantify your accomplishments using specific metrics, such as increased employee retention or cost savings.
- Demonstrate your knowledge of industry best practices and regulatory compliance.
- Tailor your resume to each job you apply for, highlighting the skills and experience that are most relevant to the position.
- Proofread your resume carefully before submitting it.
Essential Experience Highlights for a Strong Head of Compensation and Benefits Resume
- Develop and implement competitive compensation and benefits packages that attract and retain top talent.
- Negotiate favorable group health insurance rates and other employee benefits to minimize costs and maximize employee satisfaction.
- Conduct comprehensive compensation and benefits benchmarking studies to ensure alignment with industry best practices.
- Lead the development and implementation of new compensation and benefits programs, such as 401(k) plans and performance-based bonus programs.
- Oversee employee relations and ensure compliance with all applicable laws and regulations.
- Provide guidance and support to managers on compensation and benefits matters.
- Stay abreast of industry trends and best practices in compensation and benefits.
Frequently Asked Questions (FAQ’s) For Head of Compensation and Benefits
What are the key responsibilities of a Head of Compensation and Benefits?
The key responsibilities of a Head of Compensation and Benefits include developing and implementing competitive compensation and benefits packages, negotiating favorable group health insurance rates, conducting comprehensive compensation and benefits benchmarking studies, leading the development and implementation of new compensation and benefits programs, overseeing employee relations, providing guidance and support to managers on compensation and benefits matters, and staying abreast of industry trends and best practices in compensation and benefits.
What are the qualifications for a Head of Compensation and Benefits?
The qualifications for a Head of Compensation and Benefits typically include a Master’s degree in Business Administration (MBA) or a related field, as well as 5+ years of experience in compensation and benefits management. Additional qualifications may include certification as a Certified Compensation Professional (CCP) or a Certified Employee Benefits Specialist (CEBS).
What are the career prospects for a Head of Compensation and Benefits?
The career prospects for a Head of Compensation and Benefits are excellent. With the increasing focus on employee retention and engagement, demand for qualified compensation and benefits professionals is expected to grow in the coming years.
What are the challenges facing Head of Compensation and Benefits?
The challenges facing Head of Compensation and Benefits include the need to attract and retain top talent in a competitive job market, the need to control costs while providing competitive benefits, and the need to comply with complex regulatory requirements.
What are the key trends in compensation and benefits?
The key trends in compensation and benefits include the increasing use of variable pay, the increasing focus on employee well-being, and the use of technology to streamline compensation and benefits administration.
What are the top companies for Head of Compensation and Benefits?
The top companies for Head of Compensation and Benefits include Google, Amazon, Apple, Microsoft, and Facebook.
What is the average salary for a Head of Compensation and Benefits?
The average salary for a Head of Compensation and Benefits is $150,000 per year.