Compensation, Benefits, and Job Analysis Specialists are responsible for designing, evaluating, and administering an organization's compensation and benefits programs. Their job involves conducting job analyses to determine appropriate salary levels and job classifications, ensuring compliance with regulations, analyzing compensation data, and recommending improvements to benefit packages. They also communicate with employees about compensation and benefits and may be involved in negotiating with unions or external agencies on these matters.
This income data is sourced from the May 2023 Occupational Employment and Wage Statistics (OEWS) survey. The dataset is updated annually.
Annual Pay Distribution | Salary |
---|---|
10th percentile | $45,740.00 |
25th percentile | $50,130.00 |
median (50th percentile) | $63,330.00 |
75th percentile | $77,940.00 |
90th percentile | $98,430.00 |
Hourly Pay Distribution | Hourly Rate |
---|---|
10th percentile | $21.99 |
25th percentile | $24.10 |
median (50th percentile) | $30.45 |
75th percentile | $37.47 |
90th percentile | $47.32 |
To become a Compensation, Benefits, and Job Analysis Specialist, typically a minimum of a bachelor's degree in human resources, business administration, finance, or a related field is required. Some employers may prefer candidates with a master's degree for more advanced positions. Strong analytical, communication, and organizational skills are essential for success in this role. While high school education is necessary, completion of college-level education is crucial to qualify for most positions within this field. Training for Compensation, Benefits, and Job Analysis Specialists often involves on-the-job training where new hires are introduced to company-specific policies, procedures, and tools. Additionally, professionals in this role may pursue certifications such as Certified Compensation Professional (CCP) or Professional in Human Resources (PHR) to enhance their knowledge and marketability. Continuous professional development through workshops, seminars, and conferences is also common to stay updated on industry trends and best practices.