Compensation, Benefits, and Job Analysis Specialists

About the Role

Compensation, benefits, and job analysis specialists design and manage employee compensation programs and benefit plans to attract and retain talent while ensuring compliance with laws and regulations.

Other Common Titles

Compensation Analyst
Benefits Manager
Job Evaluation Specialist
Employee Compensation Consultant
HR Compensation Specialist

Typical Tasks

Analyze and update compensation data to ensure competitive salary offerings.
Design and implement employee benefit programs, including health, retirement, and wellness plans.
Conduct job evaluations and market research to determine the appropriate job classifications and pay structures.
Prepare reports on compensation trends and job analysis findings for management.
Ensure compliance with labor laws and regulations related to compensation and benefits.
Collaborate with other HR professionals to address employee compensation queries and concerns.
Support in the development of performance appraisal systems that reinforce compensation programs.

Notable People

Alice M. Stewart – Pioneered research in employee compensation strategies and authored several influential publications on benefits management.
John P. Jones – Known for implementing large-scale compensation restructures in Fortune 500 companies, enhancing their employee satisfaction and adherence to market trends.

Recommended Resources

Compensation and Benefits: A Practical Guide
This book provides practical guidance on developing and managing effective compensation and benefits strategies.
WorldatWork
A leading organization providing resources and tools for compensation and benefits professionals.
The Compensation Cafe
A blog dedicated to sharing insights on compensation practices and trends.
The Pay Scale Podcast
A podcast discussing the latest trends in pay, compensation, and benefits.