What does a Benefits Coordinator do?
Benefits Coordinators advise employees about their benefit options, negotiate rates for insurance and retirement accounts, and help create rules and policies about benefits. They also hire and train team members, and ensure compliance with local and provincial laws and regulations. Benefits Coordinators often manage wellness initiatives and help Managers keep track of the number of paid or unpaid vacation days each employee has available. Benefits Coordinators also implement processes and policies to ensure that benefits are allocated fairly, such as distributing vacation days on popular holidays.
Benefits Coordinator skills and qualifications
Successful Benefits Coordinators are persuasive, polite, and professional. They can work with a variety of people and personalities, and stay calm while resolving conflicts. They can also adapt quickly to changing conditions, like new regulations. A Benefits Coordinator can also help to maintain or even improve employee morale by ensuring benefits are fairly distributed among staff. Top skills and qualifications for Benefits Coordinators include:
- Outstanding written and verbal communication skills
- Leadership skills
- Negotiating skills
- Organization and time management skills
- Understanding of the products or services the business provides, the industry that the company works in, and the benefits that employees at similar businesses usually expect
- Understanding of the interest rates of retirement accounts and any fees associated with them
- Ability to analyze and interpret employee surveys and other data
Benefits Coordinator experience requirements
Most Benefits Coordinator jobs require two to five years of human resources experience. Typically, candidates do not require experience in the same position, but it may be preferable depending on your business needs. Similarly, experience working in the same industry is also ideal.
Benefits Coordinator education and training requirements
Most Benefits Coordinator jobs require a bachelor’s degree in personnel management, human resources, business administration, psychology, industrial relations, or a similar field. On-the-job training is usually required as well. Candidates with a certification in human resources are preferable. For example, the Chartered Professional in Human Resources designation is ideal.
Benefits Coordinator salary expectations
According to Indeed Salaries, the average salary of a Benefits Coordinator in Canada is $56,226 per year. The actual salary earned can vary depending on location, experience, and the hiring company.
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