Specialists typically need previous work experience in human resources occupations.
Compensation, benefits, and job analysis specialists typically need a bachelor’s degree and related work experience to enter the occupation.
Employers typically require that compensation, benefits, and job analysis specialists have a bachelor’s degree. Common degree fields may include business, communications, and risk management. Some employers accept additional related work experience in lieu of a degree.
Regardless of major, students interested in this occupation may find it useful to take courses in subjects such as human resources management, finance, and accounting.
Work Experience in a Related Occupation
Employers typically require that compensation, benefits, and job analysis specialists have experience that includes compensation analysis, benefits administration, or general human resources work. Experience in related fields, such as finance, insurance, or business administration, also may be helpful. Some candidates gain this experience through internships. However, others gain experience from working in human resources occupations, such as human resources specialists.
Licenses, Certifications, and Registrations
Although professional certification is not required, it demonstrates expertise. Some employers prefer to hire candidates who have certification, but other employers allow their employees to earn certification after they have begun working. Certification programs often require applicants to have 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.
Compensation, benefits, and job analysis specialists may advance to become a compensation and benefits manager or a human resources manager. Specialists typically need several years of work experience to advance.
Analytical skills. Compensation, benefits, and job analysis specialists perform data and cost analyses to evaluate their organization’s policies. They also must be able to interpret the details of contracts and laws.
Business skills. Specialists must understand basic finance and accounting. They help set the wages and benefits packages for new employees.
Communication skills. Specialists need to provide information about compensation and benefits in a way that is understandable to employees at all levels throughout their organization.
Critical-thinking skills. Specialists must be able to evaluate job positions, salary scales, promotion practices, and other compensation and benefits policies.