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Compensation, Benefits, and Job Analysis Specialist

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What You Need to Know About Compensation, Benefits, and Job Analysis Specialist

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

A Day in the Life of a Benefits and Job Analysis Specialist

  • Plan and develop curricula and materials for training programs and conduct training.
  • Consult with or serve as a technical liaison between business, industry, government, and union officials.
  • Administer employee insurance, pension and savings plans, working with insurance brokers and plan carriers.
  • Work with the Department of Labor and promote its use with employers.
  • Review occupational data on Alien Employment Certification Applications to determine the appropriate occupational title and code, and provide local offices with information about immigration and occupations.
  • Prepare reports, such as organization and flow charts, and career path reports to summarize job analysis and evaluation and compensation analysis information.

What a Benefits and Job Analysis Specialist Should Know

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 Compensation, Benefits, and Job Analysis Specialist

  • Wage and Salary Specialist
  • Payroll Specialist
  • Occupational Analyst
  • Position Classifier
  • Contracts Specialist

Is There Going to be Demand for Compensation, Benefits, and Job Analysis Specialists?

In the United States, there were 84,200 jobs for Compensation, Benefits, and Job Analysis Specialist in 2016. 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. Due to new job openings and attrition, there will be an average of 7,700 job openings in this field each year.

Forecasted Number of Jobs for Compensation, Benefits, and Job Analysis Specialists in U.S.

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.

How Much Does a Benefits and Job Analysis Specialist Make?

The average yearly salary of a Benefits and Job Analysis Specialist ranges between $39,270 and $102,400.

Salary Ranges for Compensation, Benefits, and Job Analysis Specialists

Compensation, Benefits, and Job Analysis Specialists who work in District of Columbia, New Jersey, or New York, make the highest salaries.

Below is a list of the median annual salaries for Compensation, Benefits, and Job Analysis Specialists 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

Becoming a Benefits and Job Analysis Specialist

Are there Compensation, Benefits, and Job Analysis Specialists education requirements?

Benefits and Job Analysis Specialist Degree Level

What work experience do I need to become a Benefits and Job Analysis Specialist?

Benefits and Job Analysis Specialist Work Experience

Who Employs Compensation, Benefits, and Job Analysis Specialists?

Benefits and Job Analysis Specialist Sectors

Compensation, Benefits, and Job Analysis Specialists work in the following industries:

Benefits and Job Analysis Specialist Industries

Those thinking about becoming a Compensation, Benefits, and Job Analysis Specialist might also be interested in the following careers:

Career changers with experience as a Compensation, Benefits, and Job Analysis Specialist sometimes find work in one of the following fields:

References:

Image Credit: Arunkumar Umapathy via Creative Commons Attribution-Share Alike 4.0 International

More about our data sources and methodologies.

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