Compensation and Benefits Specialist Job Description

About the Compensation and Benefits Specialist Position

Our human resources team is seeking a detail-oriented and experienced Compensation and Benefits Specialist to join us. As the Compensation and Benefits Specialist, you’ll manage our valued employees’ benefits, along with other rewards and perks. 

This role requires a strong understanding of HR operations and best practices. 

Compensation and Benefits Specialist Responsibilities

• Research compensation and benefits trends to ensure company offerings are competitive, attracting new talent and retaining current employees
• Create a compensation and benefits package that matches company objectives
• Periodically evaluate the effectiveness of compensation and benefits packages, suggesting improvements as needed
• Inform managers and employees of all relevant compensation and benefits package changes
• Educate and support managers and business partners on any compensation and benefits issues
• Assist in the onboarding of new employees, explaining compensation and benefits options, and managing enrollment
• Prepare [monthly/quarterly/yearly] reports for management
• Create job descriptions and evaluation forms
• Ensure legal compliance with all federal and state laws

Compensation and Benefits Specialist Requirements

• [2+] years experience in compensation and benefits administration
• BA/BSc in human resources, business administration, or similar field of study
• Detailed knowledge of compensation and benefits practices, employment law, and best hiring practices
• Excellent analytical and problem-solving skills
• Strong interpersonal skills with the ability to work both independently and as part of a team
• Proficient with Microsoft Office suite and HR software, including [specific software company uses]