Question

Role of hr department in compensation management

Answer 1

Compensation managers are responsible for researching, establishing, and maintaining a company's pay system. In performing this important function, the compensation manager has to research and understand the current and upcoming competitive markets for employee pay and benefits. ... They may also handle employee benefits.

Answer 2

Explanation:

Ensure that the company's pay scale complies with changing state and federal laws and regulations. Oversee the distribution of pay to employees. Work with managers to help develop promotion and retention strategies for existing employees.