Comp & ben is an area of human resources that has become increasingly important in the last 10 years. 

The role of compensation & benefi ts manager originated in a small number of corporations in English-speaking countries without a public welfare system. As such, companies had to develop and manage their employees’ social protection (health, pensions, death & disability cover).

The increasing complexity of compensation, with the advent of variable pay, deferred compensation, stock options, etc., made the role itself more complex. Companies’ internationalization, the talent war, the development, diversifi cation and greater complexity of regulation, plus the quest for short-term and long-term financial optimization have led company directors to consider rewards policy as part of their strategic arsenal, allowing them to attract,  engage and retain talents, thereby ensuring their company’s sustainable development.

Duties of compensation & benefi ts managers:
• Proposing compensation policies and systems which meet recruitment, engagement and loyalty targets for the company’s human capital, and which represent the best fit with the company’s human resources policies as a whole (recruitment, career management and development, national and international mobility)
• Design, implement and develop compensation and benefits programs: compensation structures, short- and long-term variable pay, executive compensation, health, death &
disability cover, pensions, employee savings, etc.
• Studies and monitoring of the competition
• Organize pay review processes
• Check and control the fi nancial and accounting impact of compensation schemes
• Run and administer compensation systems in liaison with in-house and external stakeholders (advisors, brokers, banks, insurance companies, social security and other bodies)
• Provide support and advice for decisions related to compensation
• Organize in-house and external communication in order to promote schemes and increase their impact

The MBA trains immediately operational experts and strategists, able to handle these duties.