Compensation / Benefits Specialist
Quick Facts
What They Do
A Compensation or Benefits Specialist evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.
Core Tasks:
- 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.
- Assist in preparing and maintaining personnel records and handbooks.
- Plan and develop curricula and materials for training programs and conduct training.
What to expect as a Compensation / Benefits Specialist
40% of people achieve this level of education.
See Compensation / Benefits Specialist related courses on Tallo
2568 openings for Compensation / Benefits Specialists
Career Progression
in United States (Nation)
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