What You Need to Know About Compensation, Benefits, and Job Analysis Specialist
Job Description & Duties Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.
Daily Life Of a Benefits and Job Analysis Specialist
- Administer employee insurance, pension and savings plans, working with insurance brokers and plan carriers.
- Develop, implement, administer and evaluate personnel and labor relations programs, including performance appraisal, affirmative action, and employment equity programs.
- Ensure company compliance with federal and state laws, including reporting requirements.
- Advise staff of individuals’ qualifications.
- Analyze organizational, occupational, and industrial data to facilitate organizational functions and provide technical information to business, industry, and government.
- Consult with or serve as a technical liaison between business, industry, government, and union officials.
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Qualities of a Benefits and Job Analysis Specialist
Below is a list of the skills most Compensation, Benefits, and Job Analysis Specialists say are important on the job.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Types of Benefits and Job Analysis Specialist Jobs
- Benefits Consultant
- Payroll Specialist
- Health Benefits Specialist
- Benefit Coordinator
- Compensation Consultant
Job Outlook for Compensation, Benefits, and Job Analysis Specialists
In 2016, there was an estimated number of 84,200 jobs in the United States for Compensation, Benefits, and Job Analysis Specialist. New jobs are being produced at a rate of 8.4% which is above the national average. The Bureau of Labor Statistics predicts 7,100 new jobs for Compensation, Benefits, and Job Analysis Specialist by 2026. The BLS estimates 7,700 yearly job openings in this field.
The states with the most job growth for Benefits and Job Analysis Specialist are Tennessee, Utah, and Arizona. Watch out if you plan on working in Wyoming, Louisiana, or Mississippi. These states have the worst job growth for this type of profession.
Salary for a Benefits and Job Analysis Specialist
Compensation, Benefits, and Job Analysis Specialists make between $39,270 and $102,400 a year.
Compensation, Benefits, and Job Analysis Specialists who work in District of Columbia, New Jersey, or New York, make the highest salaries.
How much do Compensation, Benefits, and Job Analysis Specialists make in different U.S. states?
| State | Annual Mean Salary |
|---|---|
| Alabama | $62,610 |
| Alaska | $73,500 |
| Arizona | $60,350 |
| Arkansas | $54,560 |
| California | $74,560 |
| Colorado | $72,350 |
| Connecticut | $76,760 |
| Delaware | $76,320 |
| District of Columbia | $88,400 |
| Florida | $54,280 |
| Georgia | $64,870 |
| Hawaii | $62,350 |
| Idaho | $57,220 |
| Illinois | $67,110 |
| Indiana | $54,580 |
| Iowa | $65,310 |
| Kansas | $62,530 |
| Kentucky | $54,900 |
| Louisiana | $46,690 |
| Maine | $60,440 |
| Maryland | $77,480 |
| Massachusetts | $73,880 |
| Michigan | $63,100 |
| Minnesota | $71,380 |
| Mississippi | $50,870 |
| Missouri | $64,120 |
| Montana | $56,490 |
| Nebraska | $61,280 |
| Nevada | $59,770 |
| New Hampshire | $68,380 |
| New Jersey | $83,710 |
| New Mexico | $60,570 |
| New York | $76,680 |
| North Carolina | $65,170 |
| North Dakota | $60,800 |
| Ohio | $63,460 |
| Oklahoma | $54,950 |
| Oregon | $69,110 |
| Pennsylvania | $72,700 |
| Rhode Island | $75,800 |
| South Carolina | $53,940 |
| South Dakota | $52,920 |
| Tennessee | $59,150 |
| Texas | $68,990 |
| Utah | $75,270 |
| Vermont | $63,360 |
| Virginia | $73,110 |
| Washington | $75,860 |
| West Virginia | $58,340 |
| Wisconsin | $56,870 |
| Wyoming | $66,920 |
What Tools do Compensation, Benefits, and Job Analysis Specialists Use?
Below is a list of the types of tools and technologies that Compensation, Benefits, and Job Analysis Specialists may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Microsoft Access
- Data entry software
- Word processing software
- SAP
- Microsoft Project
- Microsoft SharePoint
- Structured query language SQL
- SAS
- Microsoft Dynamics
- IBM SPSS Statistics
- Microsoft SQL Server
- Oracle PeopleSoft
- Microsoft Internet Explorer
- IBM Cognos Impromptu
- Medical procedure coding software
How to Become a Benefits and Job Analysis Specialist
Are there Compensation, Benefits, and Job Analysis Specialists education requirements?
How Long Does it Take to Become a Benefits and Job Analysis Specialist?
Compensation, Benefits, and Job Analysis Specialists Sector
Below are examples of industries where Compensation, Benefits, and Job Analysis Specialists work:
Related Careers
Those thinking about becoming a Compensation, Benefits, and Job Analysis Specialist might also be interested in the following careers:
Those who work as a Compensation, Benefits, and Job Analysis Specialist sometimes switch careers to one of these choices:
References:
Image Credit: Arunkumar Umapathy via Creative Commons Attribution-Share Alike 4.0 International
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