Compensation, Benefits and Job Analysis Specialists
Other names for this job might include Benefit Specialist, Benefits Administrator, Benefits Analyst, Benefits Consultant, Benefits Coordinator, Benefits Manager, Benefits Representative, Benefits Specialist, Compensation / Benefits Specialist, Compensation Analyst
- $65100Salary
- 73%Job satisfaction
- Quite HardBecoming one
- LowJob growth
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Being A Benefits Specialist: What You Really Do
Table of Contents
2. Typical Day
3. Other Responsibilities
4. Working Life
5. Is This Right For Me
6. Related Careers
In this job description guide, you will find out what do Compensation, Benefits and Job Analysis Specialists do and what is their typical work day like.
After reading this, you will have a much better idea on whether you will like working as a Compensation, Benefits and Job Analysis Specialist or not.
Job summary
Benefits Specialists conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.
We asked Benefits Specialists how satisfied they are with their job. Here is what they said.
73%
51%
73% of them said they were satisfied with their job and 51% said they find that their job makes the world a better place or helps to make someone else’s life better.
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Typical day
On a daily basis, Benefits Specialists Evaluate job positions, determining classification, exempt or non-exempt status, and salary. They Ensure company compliance with federal and state laws, including reporting requirements.
1 of the main responsibilities as A Benefits Specialist is to Plan, develop, evaluate, improve, and communicate methods and techniques for selecting, promoting, compensating, evaluating, and training workers.
Some may also Provide advice on the resolution of classification and salary complaints.
In a normal work day, another thing that Benefits Specialists do is they Administer employee insurance, pension and savings plans, working with insurance brokers and plan carriers.
A typical day for A Benefits Specialist look like this:
Analyze jobs using observation, survey, or interview techniques. |
Monitor organizational compliance with regulations. |
Establish business management methods. |
We asked some Benefits Specialists a few questions to find out what else does their work day look like. Here is what we found.
Do you have telephone conversations everyday in this job? | 90% said yes | |
Do you have to use email everyday in this job? | 100% said yes | |
How important is it to work in a team in this job? | 30% said very important | |
Do you have group discussions everyday in this job? | 70% said yes | |
Do you have to meet strict deadlines everyday in this job? | 5% said yes | |
Do you talk or work with customers everyday in this job? | 5% said yes | |
Do you have to deal with angry customers everyday in this job? | 0% said yes | |
Do you have to make decisions everyday in this job? | 45% said yes |
Other responsibilities
Besides the “typical day” things that Benefits Specialists do, they Prepare occupational classifications, job descriptions and salary scales. They might also Prepare reports, such as organization and flow charts, and career path reports, to summarize job analysis and evaluation and compensation analysis information.
On a weekly to monthly basis, Benefits Specialists Negotiate collective agreements on behalf of employers or workers, and mediate labor disputes and grievances. and Analyze organizational, occupational, and industrial data to facilitate organizational functions and provide technical information to business, industry, and government.
In addition, they Advise staff of individuals’ qualifications.
A typical week or month for them might include:
Analyze jobs using observation, survey, or interview techniques. |
Prepare operational reports. |
Arrange collective bargaining agreements. |
Evaluate effectiveness of personnel policies or practices. |
Inform individuals or organizations of status or findings. |
Advise others on human resources topics. |
Working life
More than 40 hours per week
Regular (Set schedule and routine)
In a typical work week as A Benefits Specialist, you can expect to work More than 40 hours per week.
Do Benefits Specialists work in an office-style work environment?
Do Benefits Specialists work in a warehouse-style work environment?
Do Benefits Specialists work outdoors?
Is this right for me
The Persuaders and The Organizers
You can read more about these career personality types here.
You will like this career if you are someone who likes starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.
You also like following set procedures and routines. They like working with data and details more than with ideas.
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Related to Compensation, Benefits and Job Analysis Specialists Job Description
Compensation, Benefits and Job Analysis Specialists job description, what do Compensation, Benefits and Job Analysis Specialists do, typical day for Compensation, Benefits and Job Analysis Specialists, what is it like to work as a Compensation, Benefits and Job Analysis Specialist, how many hours do Compensation, Benefits and Job Analysis Specialists work, day to day work of a Compensation, Benefits and Job Analysis Specialist
Additional resources
http://www.bls.gov/OOH/business-and-financial/compensation-benefits-and-job-analysis-specialists.htm
http://www.ifebp.org/
http://www.worldatwork.org/
http://www.shrm.org/