Career Overview
Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.
Also Known As
- Benefits Analyst
- Benefits Specialist
- Compensation Analyst
- Compensation Specialist
Alternate Job Titles
- Benefit Programs Specialist
- Benefits Administrator (Benefits Admin)
- Benefits Analyst
- Benefits Consultant
- Benefits Coordinator
- Benefits Professional
- Benefits Representative (Benefits Rep)
- Benefits Specialist
- Claims Benefit Specialist
- Compensation Analyst
- Compensation and Benefits Analyst
- Compensation and Benefits Specialist
- Compensation Consultant
- Compensation Expert
- Compensation Specialist
What You'll Do
In this role, your typical responsibilities include:
- Administer employee insurance, pension, and savings plans, working with insurance brokers and plan carriers.
- Ensure company compliance with federal and state laws, including reporting requirements.
- Research employee benefit and health and safety practices, and recommend changes or modifications to existing policies.
- Advise managers and employees on state and federal employment regulations, collective agreements, benefit and compensation policies, personnel procedures, and classification programs.
- Plan and develop curricula and materials for training programs and conduct training.
- Assist in preparing and maintaining personnel records and handbooks.
Knowledge You'll Use
You'll need solid knowledge in these areas:
- Personnel and Human Resources
- English Language
- Customer and Personal Service
- Mathematics
- Administration and Management
Essential Skills
Success in this career requires strong skills in:
- Reading Comprehension
- Active Listening
- Speaking
- Critical Thinking
Key Abilities
This career requires key abilities in:
- Oral Expression
- Oral Comprehension
- Written Comprehension
- Problem Sensitivity
- Inductive Reasoning
- Deductive Reasoning
- Speech Clarity
- Information Ordering
- Written Expression
- Speech Recognition
Work Style
People who excel in this career typically demonstrate:
- Attention to Detail
- Dependability
- Integrity
- Cautiousness
- Achievement Orientation
What Matters in This Career
This career tends to satisfy these work values:
- Relationships
- Support
- Achievement
- Recognition
- Independence
Education & Preparation
Typical Education: Bachelor's Degree
Related Work Experience Needed: Over 2 years, up to and including 4 years
On-the-Job Training: Over 3 months, up to and including 6 months
Education Details: Most of these occupations require a four-year bachelor's degree, but some do not.
Experience Required: A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
Technology You'll Use
Popular Technologies & Software
- IBM SPSS Statistics
- Kronos Workforce Timekeeper
- Microsoft Access
- Microsoft Excel
- Microsoft Office software
- Microsoft Outlook
- Microsoft PowerPoint
- Microsoft Project
- Microsoft SharePoint
- Microsoft SQL Server
Tools & Equipment
- 10-key calculators
- Electronic storage devices
- Laser facsimile machines
- Personal computers
- Photocopying equipment
Work Environment
- Telephone Conversations
- Spend Time Sitting
- Face-to-Face Discussions with Individuals and Within Teams
- Importance of Being Exact or Accurate
Salary & Job Market
| Salary Percentile | Annual Wage |
|---|---|
| Entry-Level (10th percentile) | $48,300 |
| Median | $77,020 |
| Top Earners (90th percentile) | $128,830 |
Workers Employed Nationally: 102,370
Related Careers
If you're interested in this career, you might also consider:
Compensation and Benefits Managers
Education: Bachelor's Degree
Median Salary: $140,360
Human Resources Assistants, Except Payroll and Timekeeping
Education: Bachelor's Degree
Median Salary: $49,440
Eligibility Interviewers, Government Programs
Education: High School Diploma - or the equivalent (for example, GED)
Median Salary: $51,500
Human Resources Specialists
Education: Bachelor's Degree
Median Salary: $72,910
Human Resources Managers
Education: Bachelor's Degree
Median Salary: $140,030
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Occupational data sourced from the O*NET OnLine database, developed by the U.S. Department of Labor, Employment and Training Administration. Wage data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), 2024.