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The differences between benefits analysts and benefits managers 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 manager. Additionally, a benefits manager has an average salary of $64,064, 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 manager are HR, customer service, and HRIS.
| Benefits Analyst | Benefits Manager | |
| Yearly salary | $50,944 | $64,064 |
| Hourly rate | $24.49 | $30.80 |
| Growth rate | 7% | 2% |
| Number of jobs | 20,211 | 11,164 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Average age | 45 | 46 |
| 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 manager is primarily in charge of overseeing and handling a company's benefits programs and projects for employees. Their responsibilities revolve around coordinating with human resources to gather accurate data, improve existing benefits programs, and creating new ones in adherence to the company's policies and regulations. A benefits manager may also liaise with external agencies, develop activities for employee welfare, and resolve any issues regarding the benefits programs. Furthermore, they may perform clerical tasks such as producing progress reports and presentations, manage budgets, and maintain records of all transactions.
Benefits analysts and benefits managers have different pay scales, as shown below.
| Benefits Analyst | Benefits Manager | |
| Average salary | $50,944 | $64,064 |
| Salary range | Between $36,000 And $70,000 | Between $39,000 And $104,000 |
| Highest paying City | New York, NY | Philadelphia, PA |
| Highest paying state | New Jersey | Pennsylvania |
| Best paying company | Amd | Microsoft |
| Best paying industry | Professional | Technology |
There are a few differences between a benefits analyst and a benefits manager in terms of educational background:
| Benefits Analyst | Benefits Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between benefits analysts' and benefits managers' demographics:
| Benefits Analyst | Benefits Manager | |
| Average age | 45 | 46 |
| Gender ratio | Male, 27.8% Female, 72.2% | Male, 24.3% Female, 75.7% |
| 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, 10.9% Unknown, 3.4% Hispanic or Latino, 9.8% Asian, 8.2% White, 67.2% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 9% | 35% |