Career in Compensation & Benefits is a great opportunity for the person who wants to drive key HR initiatives, work with people and enjoy work with numbers creating budgets, strategic plans and helping the business to be more competitive and profitable.
There is no one-size-fits-all answer to this question, as the best way to start your career in HR will vary depending on your background and experience. However, some tips on how to get started in HR include networking with other HR professionals, seeking out internships or apprenticeships, and getting certified.
Strategic compensation is a long-term approach that aligns an organization's compensation practices with its overall business strategy, including attracting and retaining top talent, motivating employees, and achieving business goals. It involves designing a compensation plan that is competitive, fair, and sustainable, while also promoting employee engagement and productivity.
People may have a negative perception of Human Resources (HR) departments due to their role in enforcing company policies and procedures, as well as for their involvement in employee layoffs and terminations. HR is also often seen as bureaucratic and disconnected from the frontline workers.