Compensation Managers often oversee the full payroll operations and payroll operations teams. Your interviewer is looking to hear what aspects of payroll operations you have experience in. When you answer, be sure to include any experience in the collection of payroll documentation like W4's, scheduling and overseeing payroll cycles, creation of policies surrounding payroll, processing various withholdings and issuance of paychecks. As you answer, make it clear that you are knowledgeable and functional in full payroll operations if hired.