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Compensation, Benefits, and Job Analysis Specialists

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All About Compensation, Benefits, and Job Analysis Specialists

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

Life as a Benefits and Job Analysis Specialist: What Do They Do?

  • Assess need for and develop job analysis instruments and materials.
  • Research employee benefit and health and safety practices and recommend changes or modifications to existing policies.
  • Speak at conferences and events to promote apprenticeships and related training programs.
  • Prepare research results for publication in form of journals, books, manuals, and film.
  • Plan, develop, evaluate, improve, and communicate methods and techniques for selecting, promoting, compensating, evaluating, and training workers.
  • Perform multifactor data and cost analyses that may be used in areas such as support of collective bargaining agreements.

Benefits and Job Analysis Specialist Required Skills

Below is a list of the skills most Compensation, Benefits, and Job Analysis Specialists say are important on the job.

Reading Comprehension: Understanding written sentences and paragraphs in work related documents.

Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

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.

Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.

Types of Compensation, Benefits, and Job Analysis Specialists

  • Job Specification Writer
  • Benefits Administrator
  • Compensation Coordinator
  • Benefits Representative
  • Benefits Specialist

What Kind of Benefits and Job Analysis Specialist Job Opportunities Are There?

In 2016, there was an estimated number of 84,200 jobs in the United States for Compensation, Benefits, and Job Analysis Specialists.

New jobs are being produced at a rate of 8.5% which is lower than average. The Bureau of Labor Statistics predicts 7,200 new jobs for Compensation, Benefits, and Job Analysis Specialists 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 Compensation, Benefits, and Job Analysis Specialists are California, Texas, and New York.

Watch out if you plan on working in Wyoming, Vermont, or New Mexico. These states have the worst job growth for this type of profession.

Salary for Compensation, Benefits, and Job Analysis Specialists

The typical yearly salary for Compensation, Benefits, and Job Analysis Specialists is somewhere between $39,270 and $102,400. A Compensation, Benefits, and Job Analysis Specialist median salary is $63,000.

Salary Ranges for Compensation, Benefits, and Job Analysis Specialists

How much do Compensation, Benefits, and Job Analysis Specialists make in different U.S. states?

Annual Mean Salary by State
State Annual Mean Salary

District of Columbia

$88,400

New Jersey

$83,710

Maryland

$77,480

Connecticut

$76,760

New York

$76,680

Delaware

$76,320

Washington

$75,860

Rhode Island

$75,800

Utah

$75,270

California

$74,560

Massachusetts

$73,880

Alaska

$73,500

Virginia

$73,110

Pennsylvania

$72,700

Colorado

$72,350

Minnesota

$71,380

Oregon

$69,110

Texas

$68,990

New Hampshire

$68,380

Illinois

$67,110

Wyoming

$66,920

Iowa

$65,310

North Carolina

$65,170

Georgia

$64,870

Missouri

$64,120

Ohio

$63,460

Vermont

$63,360

Michigan

$63,100

Alabama

$62,610

Kansas

$62,530

Hawaii

$62,350

Nebraska

$61,280

North Dakota

$60,800

New Mexico

$60,570

Maine

$60,440

Arizona

$60,350

Nevada

$59,770

Tennessee

$59,150

West Virginia

$58,340

Idaho

$57,220

Wisconsin

$56,870

Montana

$56,490

Oklahoma

$54,950

Kentucky

$54,900

Indiana

$54,580

Arkansas

$54,560

Florida

$54,280

South Carolina

$53,940

South Dakota

$52,920

Mississippi

$50,870

Louisiana

$46,690

What Tools do Compensation, Benefits, and Job Analysis Specialists Use?

Although they’re not necessarily needed for all jobs, the following technologies are used by many Compensation, Benefits, and Job Analysis Specialists:

  • Medical procedure coding software
  • Microsoft Access
  • Microsoft Word
  • Structured query language SQL
  • Microsoft Project
  • SAS
  • Microsoft SharePoint
  • Medical condition coding software
  • SAP
  • SAP ERP Human Capital Management

Where do Compensation, Benefits, and Job Analysis Specialists Work?

Benefits and Job Analysis Specialist Sectors

Those interested in being a Compensation, Benefits, and Job Analysis Specialist may also be interested in:

  • Personal Financial Advisors

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

  • Proofreaders and Copy Markers

References

Bureau of Labor Statistics

College Factual

O*NET Online

Image Credit: Via Wikimedia Commons

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