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The differences between benefits analysts and benefits advisors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a benefits analyst and a benefits advisor. Additionally, a benefits advisor has an average salary of $71,377, which is higher than the $50,944 average annual salary of a benefits analyst.
The top three skills for a benefits analyst include customer service, HR and HRIS. The most important skills for a benefits advisor are insurance benefits, patients, and inbound calls.
| Benefits Analyst | Benefits Advisor | |
| Yearly salary | $50,944 | $71,377 |
| Hourly rate | $24.49 | $34.32 |
| Growth rate | 7% | 7% |
| Number of jobs | 20,211 | 48,023 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 56% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
A Benefits Analyst is responsible for administering and communicating benefit programs for an organization. They attract and retain employees through researching, recommending, and explaining benefit programs.
A benefits advisor specializes in devising benefits programs and strategies for a workforce, ensuring they are well-compensated for their hard work. Typically, their responsibilities revolve around performing research and analysis to identify the needs of employees in a company, studying the benefit programs of competitors, and assessing the existing programs while putting the company's welfare into consideration. They must prepare reports and presentations for clients, provide cost-estimates and business plans, and evaluate risks, all while adhering to the company's policies and regulations, including its vision and mission.
Benefits analysts and benefits advisors have different pay scales, as shown below.
| Benefits Analyst | Benefits Advisor | |
| Average salary | $50,944 | $71,377 |
| Salary range | Between $36,000 And $70,000 | Between $46,000 And $109,000 |
| Highest paying City | New York, NY | Vancouver, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Amd | Chevron |
| Best paying industry | Professional | Government |
There are a few differences between a benefits analyst and a benefits advisor in terms of educational background:
| Benefits Analyst | Benefits Advisor | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 56% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between benefits analysts' and benefits advisors' demographics:
| Benefits Analyst | Benefits Advisor | |
| Average age | 45 | 45 |
| Gender ratio | Male, 27.8% Female, 72.2% | Male, 41.2% Female, 58.8% |
| Race ratio | Black or African American, 11.1% Unknown, 3.6% Hispanic or Latino, 15.2% Asian, 7.8% White, 61.8% American Indian and Alaska Native, 0.3% | Black or African American, 11.4% Unknown, 3.6% Hispanic or Latino, 15.3% Asian, 7.7% White, 61.6% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 9% | 9% |