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Best compensation specialist certifications
Compensation specialist certifications allow job seekers to demonstrate their competency as an compensation specialist to employers. However, not all compensation specialist certifications provide the same value for job seekers.
The best certifications for a compensation specialist are Certified Compensation Professional (CCP), Certified Professional - Human Resource (IPMA-CP), and Certified Billing and Coding Specialist (CBCS).
Below is a list of the best compensation specialist certifications. Obtaining an compensation specialist certification will give you a leg up when you apply for jobs and increase your potential salary.
4 best certifications for compensation specialists
| Rank | Compensation specialist certification | Organization |
|---|---|---|
| 1 | Certified Compensation Professional (CCP) | WAW |
| 2 | Certified Professional - Human Resource (IPMA-CP) | IPMA-HR |
| 3 | Certified Billing and Coding Specialist (CBCS) | NHA |
| 4 | Medical Assistant | ASPT |
4 best compensation specialist certifications
1. Certified Compensation Professional (CCP)
Obtaining the CCP designation is beneficial for human resources professionals responsible for their organization's base pay and incentive compensation programs. This may include examining and evaluating current market trends, managing compensation survey data including data analysis and conducting benchmarking studies, conducting audits to ensure legal compliance, and assessing and making appropriate recommendations for various pay programs, structures, policies and practices.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
2. Certified Professional - Human Resource (IPMA-CP)
IPMA-HR strives to encourage excellence in public sector human resources, promote continuous learning and develop the next generation of leaders. To that end, IPMA-HR offers two internationally recognized certification programs to the public HR community: the IPMA-CP and the IPMA-CS.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
3. Certified Billing and Coding Specialist (CBCS)
A Certified Billing and Coding Specialist (CBCS) primarily focuses on converting a medical procedure, diagnosis, or symptom into specific codes to submit a claim for reimbursement.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 2 year(s)
4. Medical Assistant
The medical assistant job description varies depending on the employer's needs. A medical assistant is a multi-skilled professional and an asset to a physician.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
What is the best certification for a compensation specialist?
The best compensation specialist certification is Certified Compensation Professional (CCP). The Certified Compensation Professional (CCP) is awarded by the WorldatWork. This certification is great to have as it shows an improvement in your competency to perform your role. You can earn this certification at the beginning of your career, as it often doesn't require a minimum education level and work experience.
Here's a bit more background on how to obtain this compensation specialist certification:
- To become a certified Certified Compensation Professional (CCP), you need to pass the exam.
- This certificate requires more than two years of work experience.
- Renew certification every 3 year.
What are some of the most in-demand certifications for compensation specialists?
The most in-demand compensation specialist certification is Certified Compensation Professional based on all active job postings. Having this compensation specialist certification will give you access to more compensation specialist jobs with higher salaries.
What certifications can impact a compensation specialist career and salary?
The Certified Compensation Professional certification will help you to secure a compensation analyst position, which will increase your pay and career trajectory. A compensation analyst's average salary is $62,886 whereas compensation specialists make an average salary of $67,722.
The most common combination of compensation specialist certifications include: Certified Compensation Professional (CCP), Certified Professional - Human Resource (IPMA-CP), and Certified Billing and Coding Specialist (CBCS).
Online courses for compensation specialists to earn certifications
1. Managing Employee Compensation
Whether you're writing paychecks or wondering where yours comes from, this course is for you! We begin by asking: "To succeed, what kind of a person does your organization need to attract, retain, and motivate?" From there, we'll explain how to align your organization's objectives, its pay philosophy, and ultimately the way it designs and implements its salary structure, short-term incentives, long-term incentives, and benefits. Interested in learning more about the technical aspects of...
2. Accounting Analysis II: Accounting for Liabilities and Equity
This course is the fourth course in a five-course Financial Reporting Specialization. This course focuses on the recognition, measurement, and subsequent accounting for equity, pensions, share-based compensation, and cash flows utilizing the FASB Accounting Standards Codification and other resources...
3. Compensation and Benefits for Beginners
This course is a beginners guide to understanding compensation and benefits...
4. Performance Management and Compensation Management in HRM
Performance Management and Compensation Management Complete Course...
5. Sales Operations/Management
Sales jobs span nearly every industry, from agribusiness and pharmaceuticals, to telecommunications and property management. And essential to sales is the management of the sales force. This course provides the knowledge and know how required for careers in sales management. Students are exposed to all facets of sales management, including organizing, selecting, training, motivating, supervising and compensating the sales force, territory management and administration and sales and expense...
6. Utilize Survey Monkey as an Evaluation Tool
Surveys and evaluations can be used to reflect on your training or customer experiences. The data you collect can help to adjust your training and you can find out directly from your employees if they are satisfied. Customers can let you know what they are thinking and what they actually want. In this project you will learn about Survey Monkey as an evaluation tool throughout the cycle of developing an event. By the end of your time in this project you will have multiple evaluation surveys to...
7. Ultimate Payroll Management with Income Tax & Year-End 23-24
Basic to Advanced: Certification in Payroll, Compensation Benefits, Income Tax,Year Ending for Payroll & Human Resources...
8. Master Course in Human Resources 2.0
Strategic human resource management, strategic planning, recruiting, training, HR management,Labour welfare...
9. Ultimate HR Generalist and Human Resource Management Course
Hands-on HR Certification: All HRM topics. Master Employee Life Cycle, Payroll, Recruitment, Engagement, EXDesign and AI...
10. Certification Course in Human Resource Management
Curriculum commensurate to Top B School's Management Program : with downloadable resources, quiz, assessments & exercise...
11. Diploma Course in Human Resource Management (HRM)
Become top-notch HRM Practitioner - Get Live Projects, Ready-to-use Templates, Demos, Quizzes, Articles, Case studies...
12. The Human Resources Certification Program (HRCI - PHR/SPHR)
An Exam Preparation Guide to the Human Resource Body of Knowledge...
13. Salary Negotiation: How to Negotiate a New Job Offer (Pro)
Earn thousands by finding what you're worth, knowing exactly what to say, and negotiating your pay with confidence...
14. The Complete Recruiting Masterclass - HR Resources - Hiring
HR Managers - You Can Hire the Right People - Talent Management Skills for Human Resources Professionals...
15. Hands-On HR Analytics Online Course for Human Resources
People Analytics & Analytical Process to Human Capital XL & Open Source Data Mining & ML Tools 6 Data Assignments...
16. Internal Audit: a Guide for Management
Internal Audit, Risk Management, Compliance, Governance, Internal Controls, CIA, Audit Report, Audit Charter, IIA...
17. Data Science Career Guide - Interview Preparation
Prepare for your Data Science Interview with this full guide on a career in Data Science including practice questions!...
18. Statistics / Data Analysis: Survey Data and Likert Scales
How to Process Survey Data and Analyze Likert Scales In SPSS...
19. Customer Service & Support For Customer Service Executives
Learn Customer Service Skills & Provide Excellent Customer Support, Customer Experience & How To Manage Upset Customers...
20. Salary Negotiation - How to Ask for and Receive a Pay Raise
A Salary Negotiation step-by-step plan to prepare you for asking and receiving a pay raise...