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Compensation Manager Interview Questions

11 Compensation Manager Interview Questions
Question 1 of 11
What do you do when your schedule is suddenly interrupted? Give an example.
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Question 2 of 11
What made you choose to become a Compensation Manager?
User-Submitted Answers
1.
The challenge of the position.
Question 3 of 11
What do you like most about being a Compensation Manager?
User-Submitted Answers
1.
Ability to be able to help recruiters find a good range of pay for a position that they're trying hard to fill.
2.
Schedule interrupted what do you do or react.
Question 4 of 11
What do you like least about being a Compensation Manager?
User-Submitted Answers
1.
When there is position that does not fit a pay range and having to spend more time than I would like when the position needs to be filled soon.
2.
Restrictions on budget that are out of my control.
Question 5 of 11
What is the most rewarding part of being a Compensation Manager?
User-Submitted Answers
1.
The most rewarding part of being a compensation manager is being able to hire people and knowing that they have work to support themselves and their family.
2.
The satisfaction of know the employees are rewarding fairly and are confidents that their compensation is correct.
Question 6 of 11
What is the most difficult part of being a Compensation Manager?
User-Submitted Answers
1.
Deadlines that are too short.
Question 7 of 11
Tell me about a job or setting where great precision to detail was required to complete a task. How did you handle that situation?
Question 8 of 11
How well do you manage your time?
Question 9 of 11
What was the most useful criticism you ever received?
Question 10 of 11
Tell me about a time when you built rapport quickly with someone under difficult conditions.

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Question 11 of 11
When do you give positive feedback to people? Tell me about the last time you did.
User-Submitted Answers
1.
As often as possible or when they are taking on a new task.

About Compensation Manager

April 4th, 2017

Compensation managers work in organizations of all sizes in almost every industry. They are responsible for developing and monitoring programs to determine the income of employees at various levels within the organization. Part of a compensation manager's job involves researching competitive wages and modifying compensation plans accordingly.
A bachelor's degree in business management, business administration, finance or a related field is the minimum education required for this job. Some organizations require applicants to have an MBA or a master's degree in human resources management or a finance related field. Strong business acumen and excellent analytical, decision-making, leadership and communication skills are essential attributes for this role. Doing an internship is the best way to get the necessary on the job experience, which most employers will be looking for.
At the interview for a compensation manager post, your interviewer will want to know details about your experience. How did you determine the compensation for employees of the organization that you worked for? What research did you do? How did you implement your plan? The more confidently you can answer all questions that the interviewer asks you, the better the chances of getting the job. To get a better idea of the types of questions asked at compensation manager interviews, look at mock interview questions. Spend some time thinking about how you are going to answer some of the more commonly asked questions. This should help you be well prepared when interview day comes around.

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