Benefits clerk vs finance clerk

The differences between benefits clerks and finance clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a benefits clerk, becoming a finance clerk takes usually requires 4-6 years. Additionally, a finance clerk has an average salary of $39,225, which is higher than the $34,841 average annual salary of a benefits clerk.

The top three skills for a benefits clerk include payroll system, data entry and open enrollment. The most important skills for a finance clerk are data entry, purchase orders, and HR.

Benefits clerk vs finance clerk overview

	Benefits Clerk	Finance Clerk
Yearly salary	$34,841	$39,225
Hourly rate	$16.75	$18.86
Growth rate	-3%	-5%
Number of jobs	75,454	143,372
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 44%	Bachelor's Degree, 44%
Average age	48	51
Years of experience	4	6

Benefits clerk vs finance clerk salary

Benefits clerks and finance clerks have different pay scales, as shown below.

	Benefits Clerk	Finance Clerk
Average salary	$34,841	$39,225
Salary range	Between $27,000 And $44,000	Between $27,000 And $56,000
Highest paying City	Los Angeles, CA	New York, NY
Highest paying state	Minnesota	New York
Best paying company	Monarch Casino & Resort	United States Courts
Best paying industry	Government	Government

Differences between benefits clerk and finance clerk education

There are a few differences between a benefits clerk and a finance clerk in terms of educational background:

	Benefits Clerk	Finance Clerk
Most common degree	Bachelor's Degree, 44%	Bachelor's Degree, 44%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Benefits clerk vs finance clerk demographics

Here are the differences between benefits clerks' and finance clerks' demographics:

	Benefits Clerk	Finance Clerk
Average age	48	51
Gender ratio	Male, 13.3% Female, 86.7%	Male, 26.2% Female, 73.8%
Race ratio	Black or African American, 10.5% Unknown, 6.1% Hispanic or Latino, 17.7% Asian, 5.9% White, 58.2% American Indian and Alaska Native, 1.5%	Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage	10%	7%

Differences between benefits clerk and finance clerk duties and responsibilities

Benefits clerk example responsibilities.

Examine HMO documents to verify eligibility to process or reject into or from a manage care plan when necessary.
Enter employee data in HRIS system.
Used ADP HR/B software for benefits enrollment and reports.
Maintain retirement (401k) plan, FMLA and personnel records.
Monitor FMLA, CFRA, PDL, and personal leave of absence and premiums payments.
Update and maintain benefits data in the HRIS system to ensure accuracy and integrity of employee information.

Finance clerk example responsibilities.

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Collaborate with insurance company representatives, case managers and physicians to obtain treatment authorization for potential kidney and kidney/pancreas transplant patients.
Write checks in the QuickBooks software to vendors and to reimburse employees.
Establish customer files in QuickBooks, write and test work instructions for clients, log and close complete files.
Produce PowerPoint presentations in order to brief the command team of the on goings within the company.
Used an automate information system (PeopleSoft) to edit, modify, and verify customers personal and payment information.

Benefits clerk vs finance clerk skills

Common benefits clerk skills

Payroll System, 17%
Data Entry, 8%
Open Enrollment, 7%
Cobra, 7%
HRIS, 5%
Human Resources, 5%

Common finance clerk skills

Data Entry, 16%
Purchase Orders, 9%
HR, 5%
Bank Statements, 5%
Bank Deposits, 5%
Credit Card, 4%