Director of benefits salary varies widely by industry and company. However, these positions typically earn a higher salary than those in human resources or other similar fields. Benefits directors work closely with HR managers to ensure that the organization's employee benefits are affordable and effective.
Trends in the Field
Benefits directors need to stay up-to-date on trends in the benefits industry and how they affect their job. For example, employers are increasingly offering health and wellness programs to help their employees stay healthy and avoid costly medical bills.
Leadership Skills: A benefits director needs to be able to lead a team of people in the development and implementation of company-wide benefits policies. This requires strong communication and interpersonal skills.
Flexibility: Benefits directors may be required to travel frequently and work evenings or weekends. They also need to be able to work well under stress and meet deadlines.
Teamwork: A benefits director must be able to work with a variety of people, including employees, management and executives. This requires strong leadership skills and the ability to motivate and encourage others.
Career Advancement: A benefits director can advance in their career by taking on larger responsibilities and earning a reputation as an expert in their field. This can result in a pay raise or promotion.
Change of Employer: A benefits director can increase their pay by changing to a new employer that is willing to pay more for their skills. This is especially true if the new employer offers a higher bonus or commission on top of their salary.