Employee Benefits Specialist Salary
|Salary||$33,920 - $67,356|
|Bonus||$0.00 - $7,096|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$31,785 - $68,099|
|Hourly Rate||$13.78 - $24.99|
|Bonus||$0.00 - $7,096|
|Total Pay (||$31,785 - $68,099|
Job Description for Employee Benefits Specialist
Employee benefits specialists are responsible for ensuring that all qualified employees receive the benefits that they request. Their position is also of consultation, as they consult with employees to ensure that they receive the most suitable benefits packages. They also conduct negotiations with insurance companies to ensure this.Read More...
These specialists deal with various aspects of employee benefits packages, so they must be highly knowledgeable in the areas of insurance and financial investments, as most companies offer investments as part of employee packages. They must also conduct research, so it's important to stay up-to-date on all changes within these fields.
Employee benefit specialists should have strong oral and written communication skills, as they communicate constantly with both insurance companies and employees regarding benefits and must be able to explain themselves in a proficient and professional manner. A bachelor's degree in the field of human resources is generally required for this position, and many employers prefer candidates who have exceptional field-related experience. (Copyright 2017 PayScale.com)
Employee Benefits Specialist Tasks
- Maintain records and procedures for the administration process.
- Analyze employee benefits data to ensure accuracy, including service from third party vendors.
- Participate in preparation and communication to employees about benefit programs, procedures, claims and any other government mandated disclosures.
- Administer and provide specialized support for employee benefits programs.
Employee Benefits Specialist Job Listings
Pay by Experience Level for Employee Benefits Specialist
Pay by Experience for an Employee Benefits Specialist has a positive trend. An entry-level Employee Benefits Specialist with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 80 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Employee Benefits Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $48,000 based on 59 salaries. An experienced Employee Benefits Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $50,000 based on 55 salaries. An Employee Benefits Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $52,000 based on 15 salaries.
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Key Stats for Employee Benefits Specialist
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