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

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