Life As a Compensation, Benefits, and Job Analysis Specialist
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.
Daily Life Of a Benefits and Job Analysis Specialist
- Consult with or serve as a technical liaison between business, industry, government, and union officials.
- Analyze organizational, occupational, and industrial data to facilitate organizational functions and provide technical information to business, industry, and government.
- 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 managers and employees on state and federal employment regulations, collective agreements, benefit and compensation policies, personnel procedures, and classification programs.
- Perform multifactor data and cost analyses that may be used in areas such as support of collective bargaining agreements.
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Benefits and Job Analysis Specialist Skills
When polled, Compensation, Benefits, and Job Analysis Specialists say the following skills are most frequently used in their jobs:
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
- Union Contract Representative
- Pensions Retirement Plan Specialist
- Compensation Expert
- Relocation Director
- Health Plan Specialist
Are There Job Opportunities 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.
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.
Benefits and Job Analysis Specialist Salary
The typical yearly salary for Compensation, Benefits, and Job Analysis Specialists is somewhere between $39,270 and $102,400.
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?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Compensation, Benefits, and Job Analysis Specialists:
- 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
Education needed to be a Compensation, Benefits, and Job Analysis Specialist:
How Long Does it Take to Become a Benefits and Job Analysis Specialist?
Where do Compensation, Benefits, and Job Analysis Specialists Work?
Below are examples of industries where Compensation, Benefits, and Job Analysis Specialists work:
Similar 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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