Compensation, Benefits, & Job Analysis Specialists

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Benefits Analyst, Benefits Specialist, Compensation Analyst, Compensation Specialist

What they do:
Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.
On the job, you would:
  • 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.

Knowledge

Business

  • human resources (HR)
  • customer service

Arts and Humanities

  • English language

Math and Science

  • arithmetic, algebra, geometry, calculus, or statistics

Engineering and Technology

  • computers and electronics

Skills

Basic Skills

  • listening to others, not interrupting, and asking good questions
  • reading work related information

People and Technology Systems

  • figuring out how a system should work and how changes in the future will affect it
  • measuring how well a system is working and how to improve it

Problem Solving

  • noticing a problem and figuring out the best way to solve it

Abilities

Verbal

  • communicate by speaking
  • listen and understand what people say

Ideas and Logic

  • make general rules or come up with answers from lots of detailed information
  • notice when problems happen

Math

  • choose the right type of math to solve a problem

Personality

People interested in this work like activities that include data, detail, and regular routines.

They do well at jobs that need:

  • Attention to Detail
  • Integrity
  • Analytical Thinking
  • Dependability
  • Cooperation
  • Initiative

Technology

You might use software like this on the job:

Enterprise resource planning ERP software

  • Oracle PeopleSoft Hot Technology
  • Workday software Hot Technology In Demand

Presentation software

  • Microsoft PowerPoint Hot Technology In Demand

Human resources software

  • Human resource management software HRMS
  • Oracle E-Business Suite Human Resources Management System

Education

Education: (rated 4 of 5)
bachelor's degree
usually needed

Get started on your career:

Find Training
Apprenticeship.gov

Job Outlook

Bright
New job opportunities are very likely in the future.
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