Compensation, Benefits, and Job Analysis Specialists
What is a Compensation, Benefits, and Job Analysis Specialists?
Compensation, Benefits, and Job Analysis Specialists are professionals who focus on developing, implementing, and managing compensation and benefits programs for organizations. They play a critical role in ensuring that an organization’s pay structure is competitive and equitable, helping to attract and retain talent while fostering employee satisfaction and engagement. These specialists conduct market research to assess current compensation trends, analyze internal job structures, and evaluate the fairness of pay practices across various roles and departments. Additionally, they assess the effectiveness of employee benefits programs, which may include health insurance, retirement plans, and other perks, to ensure they meet both employee needs and organizational goals. Through systematic job analysis, they determine job responsibilities and requirements to ensure alignment with compensation strategies, enhancing the overall job classification and grading systems within a company.
Tasks
- 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.
Technology Skills
- Enterprise resource planning ERP software
- Presentation software
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Human resources software
- Actuarial Systems Corporation Defined Benefit System
- Various Modern HRMS Solutions
- Oracle Cloud HCM
- Oracle Recruiting Cloud
- Data base user interface and query software
- Medical software
Tools Used
- Photocopiers
- Desktop calculator
- Hard disk drives
- Laser fax machine
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Personal computers
Knowledge
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Personnel and Human Resources
Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
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English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
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Customer and Personal Service
Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
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Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
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Administration and Management
Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
Skills
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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.
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Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
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Speaking
Talking to others to convey information effectively.
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Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
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Active Learning
Understanding the implications of new information for both current and future problem-solving and decision-making.
Abilities
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Oral Expression
The ability to communicate information and ideas in speaking so others will understand.
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Oral Comprehension
The ability to listen to and understand information and ideas presented through spoken words and sentences.
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Written Comprehension
The ability to read and understand information and ideas presented in writing.
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Deductive Reasoning
The ability to apply general rules to specific problems to produce answers that make sense.
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Inductive Reasoning
The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
Education
How much education does a new hire need to perform a job in this occupation?
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Bachelor's degree
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Post-baccalaureate certificate
Awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree, but do not meet the requirements of academic degrees carrying the title of Master
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High school diploma or equivalent
or: GED, High School Equivalency Certificate
Work Activities
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Evaluating Information to Determine Compliance with Standards
Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
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Getting Information
Observing, receiving, and otherwise obtaining information from all relevant sources.
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Communicating with Supervisors, Peers, or Subordinates
Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
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Working with Computers
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
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Analyzing Data or Information
Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
Detailed Work Activities
- Oversee business processes.
- Monitor organizational compliance with regulations.
- Administer compensation or benefits programs.
- Develop organizational policies or programs.
- Advise others on human resources topics.
Work Interests
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Conventional
Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.
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Enterprising
Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertising, finance, management/administration, professional advising, public speaking, politics, or law.
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Investigative
Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the fields of humanities, mathematics/statistics, information technology, or health care service.

Job Outlook
Projected salary and job growth
$46050.0 - $127340.0
This career will grow rapidly in the next few years.
Assessment
Related assessments and tests
No assessment available.