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Career and Education Opportunities for Compensation / Benefits Specialists in Corona, California

If you want to be a compensation / benefits specialist, the Corona, California area offers many opportunities both for education and employment. There are currently 10,900 working compensation / benefits specialists in California; this should grow by 18% to 12,900 working compensation / benefits specialists in the state by 2016. This is not quite as good as the nation as a whole, where employment opportunities for compensation / benefits specialists are expected to grow by about 23.6%. In general, compensation / benefits specialists conduct programs of compensation and benefits and job analysis for employer.

Income for compensation / benefits specialists is about $28 hourly or $59,920 per year on average in California. Nationally, their income is about $25 hourly or $53,860 annually. Incomes for compensation / benefits specialists are not quite as good as in the overall category of Human Resources in California, and not quite as good as the overall Human Resources category nationally. Compensation / benefits specialists work in a variety of jobs, including: occupational analyst, benefit specialist, and union contract representative.

There are twenty-three schools of higher education in the Corona area, including one within twenty-five miles of Corona where you can get a degree to start your career as a compensation / benefits specialist. Compensation / benefits specialists usually hold a Bachelor's degree, so you can expect to spend about four years training to become a compensation / benefits specialist if you already have a high school diploma.

CAREER DESCRIPTION: Compensation / Benefits Specialist

In general, compensation / benefits specialists conduct programs of compensation and benefits and job analysis for employer. They also may specialize in specific areas.

Compensation / benefits specialists insure company adherence to federal and state laws, including reporting requirements. They also advise managers and employees on state and federal employment regulations, collective agreements, benefit and compensation policies, personnel procedures and classification programs. Equally important, compensation / benefits specialists have to ready occupational classifications, job descriptions and salary scales. Finally, compensation / benefits specialists furnish advice on the resolution of classification and salary complaints.

Every day, compensation / benefits specialists are expected to be able to listen to and understand others in meetings. They need to articulate ideas and problems. It is also important that they think through problems and come up with general rules.

It is important for compensation / benefits specialists to evaluate job positions, determining classification, exempt or non-exempt status, and salary. They are often called upon to help in preparing and maintaining personnel records and handbooks. They also speak at conferences and events to promote apprenticeships and related training programs. They are sometimes expected to observe and survey employees and conduct focus group meetings to collect job, organizational, and occupational data. Somewhat less frequently, compensation / benefits specialists are also expected to negotiate collective agreements on behalf of employers or staff, and mediate labor disputes and grievances.

They also have to be able to ready reports, such as organization and flow charts, and career path reports, to summarize job analysis and evaluation and compensation analysis data And finally, they sometimes have to research job and worker requirements, structural and functional relationships among jobs and occupations, and occupational trends.

Like many other jobs, compensation / benefits specialists must have exceptional integrity and be able to absorb the factors involved and a problem and provide a well thought out solution.

Similar jobs with educational opportunities in Corona include:

  • Employment Coordinator. Interview job applicants and refer them to prospective employers for consideration. Search application files, notify selected applicants of job openings, and refer qualified applicants to prospective employers. Contact employers to verify referral results. Record and evaluate various pertinent data.
  • Employment Recruiter. Seek out, interview, and screen applicants to fill existing and future job openings and promote career opportunities within an organization.
  • Insurance Adjuster. Investigate, analyze, and determine the extent of insurance company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.
  • Job Training Specialist. Conduct training and development programs for employees.
  • Real Estate Appraiser. Appraise real property to determine its value for purchase, sales, or loan purposes.

EDUCATIONAL OPPORTUNITIES: Compensation / Benefits Specialist Training

La Sierra University - Riverside, CA

La Sierra University, 4500 Riverwalk Parkway, Riverside, CA 92515-8247. La Sierra University is a small university located in Riverside, California. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,899 students and an admission rate of 55%. La Sierra University has a bachelor's degree and a master's degree program in Human Resources Management/Personnel Administration which graduated zero and two students respectively in 2008.

CERTIFICATIONS

Certified Pension Consultant: The Certified Pension Consultant (CPC) credential is designed for benefits professionals working in plan administration, pension actuarial administration, insurance, and financial planning.

For more information, see the American Society of Pension Professionals and Actuaries website.

Qualified 401(k) Administrator: The Qualified 401(k) Administrator (QKA) credential is conferred by ASPPA to retirement plan professionals who work primarily with 401(k) plans.

For more information, see the American Society of Pension Professionals and Actuaries website.

Global Professional in Human Resources: Globalization is the defining political and economic force in the world today.

For more information, see the HR Certification Institute website.

Certified Retirement Specialist: If you are a professional with an interest in issues and opportunities in the 403(b) marketplace, advance your career by obtaining the Certified Retirement Specialist (CRS) designation.

For more information, see the NTSAA (National Tax Sheltered Accounts Association) Educational Institute website.

Skill Analyst Certification: This certification provides analysts with the experience and understanding included with the aspects of job classification and analysis.

For more information, see the SkillsNET website.

Certified Compensation Professional: Recognized as the world's standard since 1976, the Certified Compensation Professional (CCP) designation is known throughout the global rewards community as a mark of expertise and excellence in all areas of compensation.

For more information, see the WorldAtWork website.

Certified Benefits Professional: Designed for today's dynamic benefits environment, the Certified Benefits Professional (CBP) program provides solid strategies and understanding.

For more information, see the WorldAtWork website.

LOCATION INFORMATION: Corona, California

Corona, California
Corona, California photo by Sfan00_IMG

Corona is situated in Riverside County, California. It has a population of over 149,923, which has grown by 20.0% in the past ten years. The cost of living index in Corona, 124, is far greater than the national average. New single-family homes in Corona are valued at $267,700 on average, which is well below the state average. In 2008, seven new homes were built in Corona, down from seventy-six the previous year.

The three big industries for women in Corona are health care, educational services, and finance and insurance. For men, it is construction, public administration, and professional, scientific, and technical services. The average travel time to work is about 35 minutes. More than 22.0% of Corona residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 6.5%, is lower than the state average.

The unemployment rate in Corona is 11.2%, which is less than California's average of 12.3%.

The percentage of Corona residents that are affiliated with a religious congregation, 43.0%, is less than both the national and state average. Peace Lutheran Church, Corona Evangelical Free Church and Corona Heights Baptist Church are among the churches located in Corona. The largest religious groups are the Catholic Church, the LDS (Mormon) Church and the Southern Baptist Convention.

Corona is home to the Cresta Verde Golf Club and the Corona Regional Medical Center as well as Husteo Park and Mountain Gate Community Park. Shopping malls in the area include Village Grove Plaza Shopping Center, Butterfield Stage Square Shopping Center and The Plaza on Sixth Street Shopping Center. Visitors to Corona can choose from Best Western Kings Inn and Arizona Motel for temporary stays in the area.