Benefit director vs vice president

The differences between benefit directors and vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a benefit director, becoming a vice president takes usually requires More than 10 years. Additionally, a vice president has an average salary of $158,637, which is higher than the $110,567 average annual salary of a benefit director.

The top three skills for a benefit director include human resources, oversight and ERISA. The most important skills for a vice president are healthcare, oversight, and project management.

Benefit director vs vice president overview

	Benefit Director	Vice President
Yearly salary	$110,567	$158,637
Hourly rate	$53.16	$76.27
Growth rate	2%	6%
Number of jobs	9,650	119,530
Job satisfaction	-	4
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 72%
Average age	46	52
Years of experience	6	-

What does a benefit director do?

Benefits directors are professionals who plan and direct the overall design, implementation, and administration of an organization's health and welfare benefits programs. To support the decision making of the management, these directors are required to analyze benefit options and predict future costs. They should study programs so that they can identify benefit options as well as obtain advice from consultants. Benefits directors must study existing and new legislation so that they can comply with federal, state, and legal requirements and advise the management on needed actions.

What does a vice president do?

Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.

Benefit director vs vice president salary

Benefit directors and vice presidents have different pay scales, as shown below.

	Benefit Director	Vice President
Average salary	$110,567	$158,637
Salary range	Between $73,000 And $165,000	Between $107,000 And $235,000
Highest paying City	Portland, ME	San Francisco, CA
Highest paying state	New Hampshire	New York
Best paying company	Cornerstone Research	Brookfield Properties
Best paying industry	Technology	Manufacturing

Differences between benefit director and vice president education

There are a few differences between a benefit director and a vice president in terms of educational background:

	Benefit Director	Vice President
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 72%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Benefit director vs vice president demographics

Here are the differences between benefit directors' and vice presidents' demographics:

	Benefit Director	Vice President
Average age	46	52
Gender ratio	Male, 40.0% Female, 60.0%	Male, 65.8% Female, 34.2%
Race ratio	Black or African American, 11.2% Unknown, 3.4% Hispanic or Latino, 10.0% Asian, 7.9% White, 67.0% American Indian and Alaska Native, 0.4%	Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	35%	12%

Differences between benefit director and vice president duties and responsibilities

Benefit director example responsibilities.

Lead project to implement third-party ACA tax form processing for over 30,000 employee records.
Manage relate HRIS systems, software applications for benefit administration.
Lead departmental PeopleSoft projects and initiatives; involve in systems testing when additional system upgrades are implemented.
Implement HIPAA compliant wellness programs, including biometric testing.
Well verse with ERISA and HIPPA reporting.
Work with outside ERISA counsel on pension issues.

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Vice president example responsibilities.

Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
Manage FDA regulate manufacturing division.
Manage QuickBooks; implement budget/variance tracking and reporting.

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Benefit director vs vice president skills

Common benefit director skills

Human Resources, 10%
Oversight, 6%
ERISA, 5%
Open Enrollment, 5%
HIPAA, 5%
HRIS, 4%

Common vice president skills

Healthcare, 10%
Oversight, 7%
Project Management, 6%
Customer Service, 6%
Risk Management, 6%
Business Development, 5%

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Updated January 8, 2025

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