Business & Finance
Compensation, Benefits, and Job Analysis Specialists
Also called: Benefits Analyst, Benefits Consultant, Benefits Specialist, Compensation Analyst
US median pay
$78,210
per year, 2025
Job growth 2025–35
+6%
faster than average
Openings a year (US)
9,000
118,100 employed
Typical entry education
Bachelor's degree
Preparation 4/5 · Considerable preparation
What this job is
Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.
What they do day to day
- Administer employee insurance, pension, and savings plans, working with insurance brokers and plan carriers.
- Ensure company compliance with federal and state laws, including reporting requirements.
- Research employee benefit and health and safety practices, and recommend changes or modifications to existing policies.
- Advise managers and employees on state and federal employment regulations, collective agreements, benefit and compensation policies, personnel procedures, and classification programs.
- Plan and develop curricula and materials for training programs and conduct training.
- Assist in preparing and maintaining personnel records and handbooks.
- Develop and administer compensation programs, such as merit or incentive pay.
- Evaluate job positions, determining classification, exempt or non-exempt status, and salary.
- Prepare occupational classifications, job descriptions, and salary scales.
- Consult with, or serve as, technical liaison between business, industry, government, and union officials.
Skills and knowledge that matter most
Skills
- Systems Evaluation3.1/5
- Systems Analysis3.1/5
- Judgment and Decision Making3.1/5
- Complex Problem Solving3.1/5
- Time Management3.0/5
- Social Perceptiveness3.0/5
- Service Orientation3.0/5
- Persuasion3.0/5
Knowledge
- Personnel and Human Resources4.2/5
- English Language4.0/5
- Customer and Personal Service3.8/5
- Mathematics3.8/5
- Administration and Management3.6/5
- Economics and Accounting3.2/5
Importance rated by people working in the job (1 = not important, 5 = extremely important).
Education and preparation
Preparation level 4 of 5 — Considerable preparation. Usually a bachelor's degree and several years of related experience.
Typical entry education (BLS): Bachelor's degree, plus less than 5 years of related work experience.
Highest education of people in this job:
- Bachelor's degree86%
Who this job suits
Mostly Conventional
Organising data, details and procedures
Enterprising
Leading, persuading and starting things
Social
Helping, teaching and caring for people
Based on the Holland (RIASEC) interest profile for this occupation.