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Compensation, Benefits, and Job Analysis Specialist

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What Do Compensation, Benefits, and Job Analysis Specialist Do?

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

List of Benefits and Job Analysis Specialist Job Duties

  • Perform multifactor data and cost analyses that may be used in areas such as support of collective bargaining agreements.
  • Negotiate collective agreements on behalf of employers or workers, and mediate labor disputes and grievances.
  • Observe, interview, and survey employees and conduct focus group meetings to collect job, organizational, and occupational information.
  • Administer employee insurance, pension and savings plans, working with insurance brokers and plan carriers.
  • Research job and worker requirements, structural and functional relationships among jobs and occupations, and occupational trends.
  • Ensure company compliance with federal and state laws, including reporting requirements.

Skills Needed to be a Benefits and Job Analysis Specialist

These are the skills Compensation, Benefits, and Job Analysis Specialists say are the most useful in their careers:

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

  • Wage Conciliator
  • Health Plan Specialist
  • Salary and Wage Administrator
  • Personnel Specialist
  • Position Classification Specialist

Benefits and Job Analysis Specialist Job Outlook

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.

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.

Salary for a Benefits and Job Analysis Specialist

The salary for Compensation, Benefits, and Job Analysis Specialists ranges between about $39,270 and $102,400 a year.

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.

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

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 & Technology 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

Becoming a Benefits and Job Analysis Specialist

Education needed to be a Compensation, Benefits, and Job Analysis Specialist:

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

Compensation, Benefits, and Job Analysis Specialists Sector

Benefits and Job Analysis Specialist Sectors

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

Benefits and Job Analysis Specialist Industries

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

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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