Necessary skills for Compensation Benefit Specialist: skills and requirements
General requirements of a Compensation Benefit Specialist
• Bachelor's degree in Human Resources, Business Administration, or a related field
• Knowledge of federal and state labor laws, including wage and hour regulations
• Proficiency in MS Office applications and HRIS systems
• Ability to interpret and explain benefit plans and regulations
• Excellent interpersonal and communication skills
Skills and Behaviours for a Compensation Benefit Specialist
Compensation & Benefits Management
Compensation & Benefits management
Employee Pension
Employee Rewards
Incentives
Financial accounting
Financial Reporting
HR Systems
HR technology
Knowledge of regulatory frameworks
Regulations
Statutory Requirements
Payroll Management
Payroll
Payroll Administration
Payroll Processing
Performance Management
Performance Management
Policy & Compliance Management
Company Policies
Compliance Management
Legal Compliance
Policy Control
Analytical thinking
Gathering information and data
Identifying cause and effect relationships
Communicating information
Asking the right questions
Influencing and persuading others
Synthesizing information