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The differences between benefit specialists and specialists 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 specialist, becoming a specialist takes usually requires 1-2 years. Additionally, a specialist has an average salary of $58,013, which is higher than the $48,756 average annual salary of a benefit specialist.
The top three skills for a benefit specialist include customer service, HR and patients. The most important skills for a specialist are patients, customer service, and work ethic.
Benefit Specialist | Specialist | |
Yearly Salary | $48,756 | $58,013 |
Hourly rate | $23.44 | $27.89 |
Growth Rate | 7% | 10% |
Number Of Jobs | 31,663 | 358,433 |
Job Satisfaction | - | - |
Most Common Degree | Bachelor's Degree, 59% | Bachelor's Degree, 49% |
Average Age | 45 | 42 |
Years Of Experience | 6 | 2 |
A benefits specialist is responsible for analyzing and processing the compensation package of an organization, ensuring that the salary and benefits received by an employee adhere to the current legislation procedures. Benefits specialists develop benefits programs, adjusting pension plans and insurance options as needed, and updating the employees on recent updates and changes. A benefits specialist responds to employees' inquiries, addresses their concerns, and manages benefits issues. A benefits specialist must have a clear understanding of benefits policies and processes to educate employees about the benefits structure.
Specialists are employees who are responsible for specific tasks or activities in the department they are assigned to. The actions or tasks they work on are related to their educational background or work experiences. They are usually highly skilled in specializations related to the work they are assigned to. Specialists are also highly trained on the competencies that are required of their specialty. As such, they are focused on the skills and competencies that are needed to enhance their experience in their specific field further.
Benefit specialists and specialists have different pay scales, as shown below.
Benefit Specialist | Specialist | |
Average Salary | $48,756 | $58,013 |
Salary Range | Between $34,000 And $68,000 | Between $32,000 And $104,000 |
Highest Paying City | San Francisco, CA | Jersey City, NJ |
Highest Paying State | Connecticut | New Jersey |
Best Paying Company | Qorvo | The Citadel |
Best Paying Industry | Finance | - |
There are a few differences between a benefit specialist and a specialist in terms of educational background:
Benefit Specialist | Specialist | |
Most Common Degree | Bachelor's Degree, 59% | Bachelor's Degree, 49% |
Most Common Major | Business | Business |
Most Common College | University of Pennsylvania | Stanford University |
Here are the differences between benefit specialists' and specialists' demographics:
Benefit Specialist | Specialist | |
Average Age | 45 | 42 |
Gender Ratio | Male, 21.1% Female, 78.9% | Male, 47.5% Female, 52.5% |
Race Ratio | Black or African American, 11.0% Unknown, 3.6% Hispanic or Latino, 15.3% Asian, 7.5% White, 62.2% American Indian and Alaska Native, 0.3% | Black or African American, 11.4% Unknown, 5.4% Hispanic or Latino, 16.4% Asian, 10.5% White, 55.9% American Indian and Alaska Native, 0.4% |
LGBT Percentage | 9% | 11% |