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Coordinate and supervise the work activities of staff Set the organization's pay and benefits structure Monitor competitive wage rates to develop or modify compensation plans Choose and manage outside partners, such as benefits vendors, insurance brokers, and investment managers Oversee the distribution of pay and benefits information to the organization's employees Ensure that pay and benefits plans comply with federal and state regulations Prepare a program budget and operate within that budget Although some managers administer both the compensation and benefits programs in an organization, other managers-particularly at large organizations- specialize and oversee one or the other. Professional associations, including the Society for Human Resource Management Ef, the International Foundation of Employee Benefit Plans & and WorldatWork E", offer certification programs that may be helpful for compensation and benefits managers. [...]organizations may contract out a portion of their compensation and benefits functions to human resources consulting firms in order to reduce costs and gain access to technical expertise. Occupational Employment and Wage Statistics (OEWS) Profiles Projections Central Occupational employment projections are developed for all states by Labor Market Information (LMI) or individual state Employment Projections offices.