Compensation, benefits, and job analysis specialists typically need a bachelor’s degree, and some specialists need related work experience.Education
Most employers require that compensation, benefits, and job analysis specialists have a bachelor’s degree. Many specialists have a degree in human resources, business administration, finance, communication, or a related field. Some employers may accept previous work experience in lieu of a formal degree.
Not all colleges and universities offer an undergraduate degree in human resources, but many offer courses in human resources management, compensation analysis, and benefits administration. Students with a background in other disciplines may benefit from taking courses in business, management, finance, and accounting.Work Experience in a Related Occupation
For many jobs, compensation, benefits, and job analysis specialists must have previous work experience. Employers commonly require that the previous experience includes performing compensation analysis, benefits administration, or general human resources work. Experience in related fields such as finance, insurance, or business administration, also may be beneficial.
Jobseekers without a degree in human resources must have relevant work experience. Some workers may gain this experience through internships. However, most gain experience from working in human resources.Licenses, Certifications, and Registrations
Although certification is not required, it can demonstrate professional expertise. Some employers prefer to hire certified candidates, but many employers will have their employees become certified after they are already working. Certification programs for management positions often require several years of related work experience in order to qualify for the credential.
Many associations for human resources workers offer classes to enhance the skills of their members. Some associations, including the International Foundation of Employee Benefit Plans and WorldatWork, offer certification programs that specialize in compensation and benefits. Others, including the HR Certification Institute and the Society for Human Resource Management, offer general human resources credentials.Advancement
Compensation, benefits, and job analysis specialists may advance to a compensation and benefits manager or a human resources manager position. Specialists typically need several years of work experience to advance.Important Qualities
Analytical skills. Many specialists perform data or cost analyses to form logical conclusions. For example, they may analyze the cost of choosing a particular salary scale for a class of workers.
Business acumen. Specialists must understand basic finance and accounting.
Communication skills. Specialists often work with employees throughout their organization to provide information on compensation and benefits. They may give presentations or advise managers or employees about compensation policies or benefit plans.
Critical-thinking skills. Specialists must think critically when evaluating job positions, salary scales, promotion practices, and other compensation and benefits policies.
Detail oriented. Specialists must pay attention to detail, especially when ensuring that the organization is compliant with federal and state laws.
|Job Title||Company||Location||Start Date||Salary|
|Senior Compensation Analyst||The Vanguard Group||Malvern, PA||Feb 01, 2013||$134,842|
|Senior Compensation Analyst||NYU Langone Health System||New York, NY||Aug 22, 2016||$108,626|
|Senior Compensation Analyst||Tibco Software Inc.||Palo Alto, CA||Apr 12, 2010||$99,275|
|Senior Compensation Analyst||Juniper Networks, Inc.||Sunnyvale, CA||Jun 01, 2013||$98,176 -
|Senior Compensation Analyst||Trinet Hr Corporation||San Leandro, CA||Aug 22, 2016||$95,451|
|Senior Compensation Analyst||Salesforce.Com, Inc.||San Francisco, CA||May 31, 2016||$95,035|
|Senior Sales Compensation Analyst||Forgerock Inc.||San Francisco, CA||Sep 02, 2016||$95,000 -
|Senior Sales Compensation Analyst||Forgerock Inc.||San Francisco, CA||Feb 09, 2016||$95,000 -
|Senior Compensation Analyst||Quantcast Corporation||San Francisco, CA||Mar 17, 2016||$92,581 -
|Senior Compensation Analyst||Blue Shield of California||San Francisco, CA||Jun 18, 2014||$90,522 -
|Senior Compensation Analyst||Thomson Reuters Holdings, Inc.||New York, NY||Sep 14, 2013||$90,000|
|Senior Compensation Analyst||DEX One Service, Inc.||Cary, NC||Jan 10, 2011||$90,000|
|Senior Compensation Analyst, Executive||DEX One Corporation||Cary, NC||Oct 27, 2010||$90,000|
|Senior Compensation Analyst-Executive Compensati||Adobe Systems Incorporated||San Jose, CA||Jun 24, 2010||$90,000|
|Senior Compensation Analyst||New York University Hospitals Center||New York, NY||Aug 22, 2013||$88,188|
|Senior Compensation Analyst, Executive||DEX One Service, Inc.||Cary, NC||Sep 20, 2011||$88,000 -
|Senior Compensation Analyst, Executive||DEX One Service, Inc.||Cary, NC||Jul 08, 2011||$88,000 -
|Senior Compensation Analyst||Children's National Medical Center||Silver Spring, MD||Nov 24, 2014||$85,000 -
|SR. Compensation Analyst||Choice Hotels International Services Corp||Rockville, MD||Apr 18, 2014||$82,000|
|Senior Compensation Analyst||Nbcuniversal Media, LLC||New York, NY||Aug 29, 2015||$81,000|
|Senior Compensation Analyst||WP Company LLC||Washington, DC||Jul 15, 2015||$80,000 -
|Compensation Associate (Senior Analyst)||Towers Watson Delaware Inc.||San Francisco, CA||Jan 02, 2014||$80,000 -
|Senior Compensation Analyst||Sodexo Remote Sites Partnership, Inc.||Houston, TX||Feb 15, 2011||$78,000|
|Senior Compensation Analyst||Whirlpool Corporation||Benton Harbor, MI||Aug 10, 2015||$75,000|
|Senior Compensation Analyst||Fiserv, Inc.||Brookfield, WI||Mar 05, 2010||$75,000|
|Senior Compensation Analyst||University of Miami-Miller School of Medicine||Miami, FL||Sep 24, 2012||$72,930|
|Senior Compensation Analyst||Employers Mutual Casualty Company||Des Moines, IA||Aug 27, 2015||$72,900|
|Senior Compensation Analyst||Employers Mutual Casualty Company||Des Moines, IA||Aug 27, 2015||$71,354|
|Assurance Senior, Compensation and Benefits||BDO USA, LLP||Atlanta, GA||Feb 27, 2012||$71,120|
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