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how much do benefits specialists make

by Darius Fahey Published 3 years ago Updated 2 years ago
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The average salary for a benefit specialist is $53,267 per year in the United States
the United States
In its noun form, the word generally means a resident or citizen of the U.S., but is also used for someone whose ethnic identity is simply "American". The noun is rarely used in English to refer to people not connected to the United States when intending a geographical meaning.
https://en.wikipedia.org › wiki › American_(word)
. 2.3k salaries reported, updated at June 17, 2022.

Full Answer

How much does an ADP employee make?

The average ADP hourly pay ranges from approximately $17 per hour for a Sales Apprentice to $40 per hour for an Implementation Consultant. ADP employees rate the overall compensation and benefits package 3.8/5 stars.

How much does intake specialist make?

The average pay range for an Intake Specialist varies greatly (as much as $9,850), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.

How much does a Health Fitness Specialist Make a year?

What Do Fitness Specialists Do?

  • Teach individuals or groups how to properly perform exercises and use exercise equipment.
  • Monitor and chart customer's changes in fitness levels over a period of time.
  • Design custom exercise and lifestyle plans for people of different ages and abilities.

How much are your benefits really worth?

Total employer paid benefits based on a $100,000 income: $28,420. That represents more than 28% of your annual income. If your annual income is $100,000 then, in reality your total compensation is $128,420! That’s just a rough estimate based on common benefits paid by a large number of employers.

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What is the role of a benefits specialist?

The benefits specialist is responsible for assisting with the administration of all benefits and retirement programs, including medical, dental, vision, life insurance, short- and long-term disability, and 401(k) plan.

Is benefits Specialist a hard job?

No, it is not hard to be a benefits specialist. While this requires a certain level of interpersonal and communication skills, the role is straightforward and typically without much excess stress. The biggest challenge can be how to find the best solution for each employee in the limited number of benefit options.

What should a benefits specialist know?

Benefits Specialists have an in-depth knowledge of both benefits and the federal and state laws that govern them. They need to know how to sort out issues, like coordinating an employee's leave in accordance with the Family and Medical Leave Act (FMLA) or changing contributions in a 401(k) account.

What are the duties of a benefits coordinator?

Job Summary: The employee benefits coordinator position assists employees with benefits enrollment and questions, verifies all insurance billing, maintains employee database and files, and ensures compliance with required benefit notices.

What does a benefits consultant do at Aflac?

As a Benefits Advisor, responsibilities would include: Consulting with business owners to determine the benefit needs for their employees. Arranging enrollment conditions in conjunction with the owner's needs. Conducting presentations and enrollments. Managing, servicing and retaining established accounts.

What does a benefits advisor for Aflac do?

4 answers. The Benefits Agent's job is to sell supplemental insurance options to local businesses in the area. This involves contacting them over the phone or meeting with them in person. The pay is entirely commission-based, with no base salary.

How do I prepare for a benefits specialist interview?

How do you research and propose new benefits policies? What kind of benefits would you recommend to our company for remote employees? Do you have experience working with human resources management systems? What limitations do you feel a work-from-home benefits policy should encompass to ensure employee productivity?

What is a benefit analyst?

Typically, benefits analysts take primary responsibility for administering and communicating benefit programs at the corporate level. They interpret related policies and procedures, and ensure compliance with regulatory agencies.

What is a benefit officer?

Counsels and advises employees and retirees on retirement benefit information including Social Security status, medical and hospital benefits, disability retirement benefits, methods of retirement, benefit payments, and taxability of retirement income; assists employees in making informed decisions.

What is benefit liaison?

Acts as a liaison between the organization and external benefits providers and insurance brokers which may include health, disability, and retirement plan providers.

What is HR Generalist job description?

The Human Resource Generalist will run the daily functions of the Human Resource (HR) department including hiring and interviewing staff, administering pay, benefits, and leave, and enforcing company policies and practices.

How do employees process benefits?

5 Essential Steps in Benefits AdministrationDecide which benefits to offer. ... Manage benefit costs. ... Administer benefits efficiently. ... Maintain compliance. ... Align benefits to your employees' needs.

How much does a Benefits Specialist in United States make?

The national average salary for a Benefits Specialist is $49,647 per year in United States. Filter by location to see a Benefits Specialist salarie...

What is the highest salary for a Benefits Specialist in United States?

The highest salary for a Benefits Specialist in United States is $74,587 per year.

What is the lowest salary for a Benefits Specialist in United States?

The lowest salary for a Benefits Specialist in United States is $33,046 per year.

What is the a Benefits Specialist career path and salary trajectory?

If you are thinking of becoming a Benefits Specialist or planning the next step in your career, find details about the role, the career path and sa...

Benefits Specialist

Review the job openings and experience requirements for the Benefits Specialist job to confirm that it is the job you are seeking.

Average Total Cash Compensation

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Benefits Specialist in the United States. The base salary for Benefits Specialist ranges from $44,738 to $57,127 with the average base salary of $50,591.

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

Employee Benefits Specialist

Review the job openings and experience requirements for the Employee Benefits Specialist job to confirm that it is the job you are seeking.

Average Total Cash Compensation

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Employee Benefits Specialist in the United States. The base salary for Employee Benefits Specialist ranges from $52,140 to $61,755 with the average base salary of $56,739.

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

Most common benefits

The average salary for a benefit specialist is $48,048 per year in the United States. 2.3k salaries reported, updated at February 17, 2022.

How much should you be earning?

Get an estimated calculation of how much you should be earning and insight into your career options. See more details

Featured Content

New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.

What is the Pay by Experience Level for Benefits Specialists?

An entry-level Benefits Specialist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $45,471 based on 92 salaries. An early career Benefits Specialist with 1-4 years of experience earns an average total compensation of $50,961 based on 776 salaries. A …Read more

What Do Benefits Specialists Do?

A company with a large number of employees holding company-sponsored benefits may have a benefits specialist. Much of the specialist's work involves administration of the organization’s health plan and providing information to employees related to these benefits.

Job Satisfaction for Benefits Specialist

Based on 351 responses, the job of Benefits Specialist has received a job satisfaction rating of 3.73 out of 5. On average, Benefits Specialist s are highly satisfied with their job.

Gender Breakdown

This data is based on 1,049 survey responses. Learn more about the gender pay gap.

How much does a Benefits Specialist make?

As of Jan 28, 2022, the average annual pay for a Benefits Specialist in the United States is $54,661 a year.

What are Top 10 Highest Paying Cities for Benefits Specialist Jobs

We’ve identified 10 cities where the typical salary for a Benefits Specialist job is above the national average. Topping the list is San Francisco, CA, with Fremont, CA and San Jose, CA close behind in the second and third positions.

What are Top 5 Best Paying Related Benefits Specialist Jobs in the U.S

We found at least five jobs related to the Benefits Specialist job category that pay more per year than a typical Benefits Specialist salary. Top examples of these roles include: Senior Benefits Manager, Compensation Benefit, and Employee Benefits Manager.

Average Benefit Specialist Salary Over Time

Compare salaries for individual cities or states with the national average.

How Much Do Benefit Specialists Make In Different Industries?

Benefit specialist salaries can vary on many factors, including what industry a job is in. In fact, jobs with finance, insurance, and health care companies tend to be the highest paying. Furthermore, a benefit specialist can make a yearly salary of $67,807 while working for finance companies.

Average JOB Salary by Field

A human resources coordinator is responsible for cooperating with the company's human resources department, supporting its processes and procedures, and assisting with employees' concerns.

Benefit Specialist Salaries By Years Of Experience

The salary for a benefit specialist can vary depending on the years of experience that a person has, from entry level to senior level.

Which Companies Pay Benefit Specialists The Most?

To earn a high income as a benefit specialist, working for Sears Holdings or Signature Bank might be your best bet, as they are the highest paying companies in this field. In addition, companies like Kaman and NICE Systems report highly competitive wages for benefit specialists.

Average Benefit Specialist Salary by Demographic

Asian benefit specialists have the highest average salary compared to other ethnicities. White benefit specialists have the lowest average salary at $49,305.

What skills are needed to excel as a benefits specialist?

Benefits specialists need excellent analytical skills for comparing different healthcare and 401 (k) providers. They must be able to communicate the necessity of a particular benefits package to top-level managers and translate what the benefits packages provide for the employees.

Is this a position with a lot of potential job opportunities in the future?

Benefits specialists work in nearly every industry, and therefore this job is frequently in demand. According to the U.S. Bureau of Labor Statistics, employment in this career is projected to grow 6% from 2018 to 2028.

Are there any careers similar to being a benefits specialist?

There are many similar HR careers to a benefits specialist, such as an HR coordinator or benefits analyst. An HR coordinator usually works for a smaller company and oversees the recruitment of employees, payroll processing and general administrative support.

What is the working environment like?

A benefits specialist works in a fast-paced environment. Be prepared to make high-level decisions based on your own research and then explain these decisions to employees. A benefits specialist needs to be comfortable having conversations with both the CEOs and new hires.

Is there any certification associated with benefits specialists?

There isn't mandatory certification in order to become a benefits specialist, but some certificates are becoming more common in the industry. These certificates include Master Certified Compensation Professional (MCCP), Certified Employee Benefits Specialist (CEBS), Professional in Human Resources (PHR) and many more.

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