Compensation, Benefits and Job Analysis Specialists: Salary, Job Description, How To Become One, and Quiz

Stan T.Career, OverviewLeave a Comment

Job description

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

  • Evaluate job positions, determining classification, exempt or non-exempt status, and salary.
  • Ensure company compliance with federal and state laws, including reporting requirements.
  • Prepare occupational classifications, job descriptions, and salary scales.
  • Provide advice on the resolution of classification and salary complaints.
Read more about what does a Compensation, Benefits and Job Analysis Specialist really do at work and what is it like being and working as one.



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Salary

Average salary
$67910 per year

Average hourly wage
$33 per hour


HR Specialists with little to no experience tend to make between $39270 and $48830 while the more experienced ones can earn over $80590 per year.

Top 5 paying statesHourlyAnnual
DC$43$88,400
NJ$40$83,710
MD$37$77,480
CT$37$76,760
NY$37$76,680

One of the easiest ways to increase your salary as a Compensation, Benefits and Job Analysis Specialist is to move to a higher paying state like DC. Right now, the highest paying states for HR Specialists are DC, NJ, MD, CT and NY.

However, a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.

Three other factors that can increase your salary as a Compensation, Benefits and Job Analysis Specialist is the degree you hold, the industry you work in, and lastly the company you work for.


Requirements

Recommended degree level
Bachelor’s Degree

We asked other HR Specialists what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by a High School Diploma.

Other than that, we also asked them what did they major in and here are the most popular majors that came up.

Human Resources Management/Personnel Administration, General
Read more about how to become a Compensation, Benefits and Job Analysis Specialist and the degree, training and education you need.

Pros and Cons

Here are some of the pros and cons of being a Compensation, Benefits and Job Analysis Specialist.

PROS
Suitable for people who likes to start and carry out projects
Suitable for people who values relationships between co-workers and customers and wants to work in a friendly non-competitive environment
This career is perfect for people who love to work indoors.
Very good salary
CONS
Not suitable for people who likes to work with designs
It is hard to get into this career. A considerable amount of work-related skill, knowledge, or experience is required for this career.
Long working hours (More than 40 hours per week)

What is the job like

Job satisfaction
73%

Is this job meaningful
51%


73% of HR Specialists said they were satisfied with their job and 51% said they feel like their job is making other people’s lives better.


Is this right for me

Best personality for this career
The Entrepreneurs and The Organizers

You can read more about these career personality types here.

People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business..

They also like following set procedures and routines. They like working with data and details more than with ideas.




Learn more about Compensation, Benefits and Job Analysis Specialists

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Job Description
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Is This Right For Me

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Related career information

HR Specialists job description, HR Specialists salary, HR Specialists information, what is the job of a Compensation, Benefits and Job Analysis Specialist like, pros and cons about Compensation, Benefits and Job Analysis Specialists, colleges and universities for Compensation, Benefits and Job Analysis Specialists, is Compensation, Benefits and Job Analysis Specialists the right career for me, careers in Business and Finance

Similar careers

Benefit Specialist, Benefits Administrator, Benefits Analyst, Benefits Consultant, Benefits Coordinator, Benefits Manager, Benefits Representative, Benefits Specialist, Compensation / Benefits Specialist, Compensation Analyst

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