Compensation, Benefits, and Job Analysis Specialists

Overview

Compensation, Benefits, and Job Analysis Specialists has a national median salary of $78,210 per year, with +6% projected job growth from 2025–2035. The Bureau of Labor Statistics lists a bachelor's degree as the typical education needed to enter this occupation.

Description

Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.

Work Values

• Relationships
• Support
• Achievement

Work Styles

Responsibilities

Tasks

• 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.
• Develop and administer compensation programs, such as merit or incentive pay.
• Research employee benefit and health and safety practices, and recommend changes or modifications to existing policies.
• Evaluate job positions, determining classification, exempt or non-exempt status, and salary.

Work Activities

• Evaluating Information to Determine Compliance with Standards
• Getting Information
• Communicating with Supervisors, Peers, or Subordinates
• Working with Computers
• Analyzing Data or Information
• Making Decisions and Solving Problems
• Processing Information
• Establishing and Maintaining Interpersonal Relationships
• Organizing, Planning, and Prioritizing Work
• Communicating with People Outside the Organization

Detailed Work Activities

• Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
• Observing, receiving, and otherwise obtaining information from all relevant sources.
• Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
• Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
• Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
• Analyzing information and evaluating results to choose the best solution and solve problems.
• Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
• Developing constructive and cooperative working relationships with others, and maintaining them over time.
• Developing specific goals and plans to prioritize, organize, and accomplish your work.
• Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.

T-A-S-K

Technology, Abilities, Skills & Knowledge

Education

Education Levels of Current Workers

The Bureau of Labor Statistics lists a bachelor's degree as the typical education needed to enter this occupation. The chart below shows the highest level of education held by people already working in this field, ages 25 and older. It includes workers who earned more education than the job requires and workers who entered the field under earlier requirements, so the largest bar is not the entry requirement. For example, if someone finished a master's degree and then started working in this field, they are counted under “Master's degree” here, but the job itself typically asks for a bachelor's degree.

Certificates

Certifications applicable to Compensation, Benefits, and Job Analysis Specialists:

Video Resources