Compensation, Benefits, and Job Analysis Specialists in Kentucky
Considering working as a Compensation, Benefits, and Job Analysis Specialists in Kentucky? Below are the key facts. Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.
What do Compensation, Benefits, and Job Analysis Specialists Make in Kentucky?
For a compensation, benefits, and job analysis specialists working in Kentucky, the typical annual salary is $62,220 per year (or roughly $29.92/hour).Pay can range from $38,060 at the 10th percentile to $100,010 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $38,060 | $18.30 |
| 25th percentile | $50,360 | $24.21 |
| Median (50th) | $62,220 | $29.92 |
| 75th percentile | $76,000 | $36.54 |
| 90th percentile | $100,010 | $48.08 |
The job concentration index in Kentucky relative to the national average — is 0.68, suggesting fewer compensation, benefits, and job analysis specialists per worker than the national average.
National Wage Comparison
Nationally, compensation, benefits, and job analysis specialists earn a median of $65,230 per year ($31.36/hour), lower than the Kentucky median.
Employment Outlook
National employment for 132,582 compensation, benefits, and job analysis specialists in the U.S.. In Kentucky alone, around 900 people work in this role. That trails the typical state, which employs around 1,070 compensation, benefits, and job analysis specialists.
Top Kentucky Metros for Compensation, Benefits, and Job Analysis Specialists
These are the Kentucky metros with the most compensation, benefits, and job analysis specialists in Kentucky.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Louisville/Jefferson County, KY-IN | 420 | $63,290 |
| Lexington-Fayette, KY | 170 | $62,840 |
| Bowling Green, KY | 40 | $60,110 |
Top States for Compensation, Benefits, and Job Analysis Specialists Employment
The table below shows the states where the most compensation, benefits, and job analysis specialists work.
| State | Number Employed |
|---|---|
| California | 13,640 |
| New York | 9,280 |
| Texas | 7,810 |
| Florida | 6,560 |
| Pennsylvania | 3,720 |
| Georgia | 3,640 |
| North Carolina | 3,460 |
| Illinois | 3,410 |
| Virginia | 3,310 |
| Washington | 3,250 |
| Ohio | 3,190 |
| New Jersey | 3,150 |
| Massachusetts | 3,100 |
| Michigan | 2,550 |
| Arizona | 2,350 |
| Tennessee | 2,220 |
| Wisconsin | 2,160 |
| Indiana | 2,040 |
| Colorado | 1,730 |
| Maryland | 1,710 |
Highest-Paying States for Compensation, Benefits, and Job Analysis Specialists
The highest-paying states for compensation, benefits, and job analysis specialists.
| State | Annual Median Salary |
|---|---|
| Massachusetts | $93,450 |
| Washington | $91,740 |
| California | $87,940 |
| Delaware | $87,710 |
| District of Columbia | $84,460 |
| Colorado | $84,010 |
| New Jersey | $83,770 |
| New York | $81,960 |
| Minnesota | $81,670 |
| New Mexico | $81,190 |
Skills
Top compensation, benefits, and job analysis specialists skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Important knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
Key abilities for compensation, benefits, and job analysis specialists, rated on an importance scale of 0 to 5:
Daily Tasks
Compensation, Benefits, and Job Analysis Specialists typically:
- Administer employee insurance, pension, and savings plans, working with insurance brokers and plan carriers.
- Ensure company compliance with federal and state laws, including reporting requirements.
- Research employee benefit and health and safety practices, and recommend changes or modifications to existing policies.
- Advise managers and employees on state and federal employment regulations, collective agreements, benefit and compensation policies, personnel procedures, and classification programs.
- Plan and develop curricula and materials for training programs and conduct training.
- Assist in preparing and maintaining personnel records and handbooks.
- Develop and administer compensation programs, such as merit or incentive pay.
- Evaluate job positions, determining classification, exempt or non-exempt status, and salary.
- Prepare occupational classifications, job descriptions, and salary scales.
- Consult with, or serve as, technical liaison between business, industry, government, and union officials.
- Perform multifactor data and cost analyses that may be used in areas such as support of collective bargaining agreements.
- Develop, implement, administer, and evaluate personnel and labor relations programs, including performance appraisal, affirmative action, and employment equity programs.
Work Activities
- Evaluating Information to Determine Compliance with Standards
- Getting Information
- Working with Computers
- Communicating with Supervisors, Peers, or Subordinates
- Analyzing Data or Information
- Processing Information
- Making Decisions and Solving Problems
- Organizing, Planning, and Prioritizing Work
- Establishing and Maintaining Interpersonal Relationships
- Communicating with People Outside the Organization
- Updating and Using Relevant Knowledge
- Documenting/Recording Information
Tools & Technology
Software and systems commonly involved: Hot technologies: IBM SPSS Statistics, Kronos Workforce Timekeeper, Microsoft Access In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Several college majors map to this occupation:
- Business Administration & Management
- Finance & Financial Management
- Human Resource Management
- Insurance
Featured schools near , edit
Related Careers
Related occupations to compensation, benefits, and job analysis specialists include:
- Financial Managers
- Compensation and Benefits Managers
- Human Resources Managers
- Medical and Health Services Managers
- Social and Community Service Managers
- Compliance Managers
Also Known As
Benefit Programs Specialist, Benefits Administrator (Benefits Admin), Benefits Analyst, Benefits Consultant, Benefits Coordinator, Benefits Professional, Benefits Representative (Benefits Rep), Benefits Specialist, Claims Benefit Specialist, Compensation Analyst, Compensation Consultant, Compensation Expert, Compensation Specialist, Compensation and Benefits Analyst, Compensation and Benefits Specialist.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 13-1141.00