Post job

Benefits counselor vs compensation and benefits technician

The differences between benefits counselors and compensation and benefits technicians 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 counselor and a compensation and benefits technician. Additionally, a benefits counselor has an average salary of $72,268, which is higher than the $52,410 average annual salary of a compensation and benefits technician.

The top three skills for a benefits counselor include veterans, HR and open enrollment. The most important skills for a compensation and benefits technician are payroll, data entry, and open enrollment.

Benefits counselor vs compensation and benefits technician overview

Benefits CounselorCompensation And Benefits Technician
Yearly salary$72,268$52,410
Hourly rate$34.74$25.20
Growth rate7%2%
Number of jobs34,13216,838
Job satisfaction--
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 61%
Average age4546
Years of experience66

Benefits counselor vs compensation and benefits technician salary

Benefits counselors and compensation and benefits technicians have different pay scales, as shown below.

Benefits CounselorCompensation And Benefits Technician
Average salary$72,268$52,410
Salary rangeBetween $44,000 And $118,000Between $33,000 And $80,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between benefits counselor and compensation and benefits technician education

There are a few differences between a benefits counselor and a compensation and benefits technician in terms of educational background:

Benefits CounselorCompensation And Benefits Technician
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Benefits counselor vs compensation and benefits technician demographics

Here are the differences between benefits counselors' and compensation and benefits technicians' demographics:

Benefits CounselorCompensation And Benefits Technician
Average age4546
Gender ratioMale, 34.3% Female, 65.7%Male, 23.1% Female, 76.9%
Race ratioBlack or African American, 10.9% Unknown, 3.6% Hispanic or Latino, 15.9% Asian, 6.9% White, 62.2% American Indian and Alaska Native, 0.3%Black or African American, 11.3% Unknown, 3.4% Hispanic or Latino, 10.0% Asian, 8.3% White, 66.5% American Indian and Alaska Native, 0.4%
LGBT Percentage9%35%

Differences between benefits counselor and compensation and benefits technician duties and responsibilities

Benefits counselor example responsibilities.

  • Manage vendors for medical, dental, pharmacy, vision, HSA, long-term care and work-life resource and referral programs.
  • Utilize HIPAA confidentiality of all employee data.
  • Follow all HIPAA guidelines as required by law.
  • Follow HIPPA by verifying the member's identity.
  • Handle plan claims and appeals in ERISA and non-ERISA plans.
  • Simplify and improve the FMLA process, procedures, and paperwork.
  • Show more

Compensation and benefits technician example responsibilities.

  • Practice compliant HIPAA, particularly regarding ePHI.
  • Research Medicaid claims using MMIS to locate discrepancies of payments.
  • Review benefits transition statements for accuracy, using Lawson HRIS; statement to verify employee prior and new position benefits.
  • Process and maintain benefit insurance enrollments, changes and terminations for all programs within company HRIS system and vendor websites.
  • Process benefit enrollments with vendors and enter benefit payroll deductions.
  • Produce weekly payroll, distribute payroll vouchers and compensation statements to field agency office according to schedules.
  • Show more

Benefits counselor vs compensation and benefits technician skills

Common benefits counselor skills
  • Veterans, 20%
  • HR, 12%
  • Open Enrollment, 11%
  • Annuities, 9%
  • Customer Service, 5%
  • Term Disability, 3%
Common compensation and benefits technician skills
  • Payroll, 18%
  • Data Entry, 17%
  • Open Enrollment, 11%
  • Cobra, 7%
  • Insurance Carriers, 7%
  • Retirement System, 5%

Browse business and financial jobs