Benefits representative vs compensation analyst

The differences between benefits representatives and compensation analysts 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 representative and a compensation analyst. Additionally, a compensation analyst has an average salary of $66,487, which is higher than the $38,694 average annual salary of a benefits representative.

The top three skills for a benefits representative include customer service, patients and insurance coverage. The most important skills for a compensation analyst are HR, compensation programs, and HRIS.

Benefits representative vs compensation analyst overview

	Benefits Representative	Compensation Analyst
Yearly salary	$38,694	$66,487
Hourly rate	$18.60	$31.96
Growth rate	7%	7%
Number of jobs	13,058	19,344
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 73%
Average age	45	45
Years of experience	6	6

What does a benefits representative do?

A benefits representative is responsible for facilitating and disseminating information about benefits programs and policies across all employees in the company. Benefits representatives respond to the employees' inquiries and concerns of benefits processes, update their benefits information, and resolve discrepancies and disputes. They also support the company's initiatives on developing new benefits plans, implementing campaigns, as well as writing application guides for reference. A benefits representative should have excellent communication and organizational skills as they also conduct surveys to check the efficiency and effectiveness of the benefits programs and adjusting procedures as needed.

What does a compensation analyst do?

Compensation analysts are responsible for managing company compensation programs by evaluating and analyzing employees' salaries, assist the planning and development of a new and modified sales compensation plan, as well as managing sales compensation short-term incentive programs. The compensation programs are used to improve hiring and boost employee retention. These analysts are skilled and knowledgeable about managing labor costs, benefits structures, and compensation analysis to determine if the employees are fairly compensated.

Benefits representative vs compensation analyst salary

Benefits representatives and compensation analysts have different pay scales, as shown below.

	Benefits Representative	Compensation Analyst
Average salary	$38,694	$66,487
Salary range	Between $29,000 And $51,000	Between $48,000 And $90,000
Highest paying City	New York, NY	Sacramento, CA
Highest paying state	New Jersey	Washington
Best paying company	BlackRock	Meta
Best paying industry	Finance	Technology

Differences between benefits representative and compensation analyst education

There are a few differences between a benefits representative and a compensation analyst in terms of educational background:

	Benefits Representative	Compensation Analyst
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 73%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Benefits representative vs compensation analyst demographics

Here are the differences between benefits representatives' and compensation analysts' demographics:

	Benefits Representative	Compensation Analyst
Average age	45	45
Gender ratio	Male, 30.3% Female, 69.7%	Male, 36.2% Female, 63.8%
Race ratio	Black or African American, 11.0% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 7.0% White, 61.9% American Indian and Alaska Native, 0.3%	Black or African American, 10.5% Unknown, 3.9% Hispanic or Latino, 15.0% Asian, 7.7% White, 62.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	9%	9%

Differences between benefits representative and compensation analyst duties and responsibilities

Benefits representative example responsibilities.

Determine eligibility and process FMLA initial notification letters for employees which lead to immediate use of benefits.
Service consumers inbound inquires via phone and live chat regarding HRA, FSA and HSA accounts.
Work with clients to ensure ACA compliance.
Train in and apply HIPAA privacy and security regulations and maintain strict confidentiality of claims.
Contact any FSA or HRA groups concerning any outstanding payments for claims and/or admin fee invoices.
Produce benefit-related reports from HRIS.

Compensation analyst example responsibilities.

Manage vendor relationships with fiscal oversight, and ongoing cost management.
Manage long-term incentive plan administration including SARP and stock option granting programs (LTI).
Create and manage communication materials via PowerPoint publish to sales organization.
Report and manage company healthcare budget and direct all vendor relationships.
Manage special projects, develop senior level presentations and handle communications on behalf of SVP
Provide oversight of sales compensation short-term incentive programs.

Benefits representative vs compensation analyst skills

Common benefits representative skills

Customer Service, 18%
Patients, 18%
Insurance Coverage, 8%
Medicaid, 6%
Insurance Carriers, 5%
Term Disability, 4%

Common compensation analyst skills

HR, 12%
Compensation Programs, 7%
HRIS, 6%
PowerPoint, 5%
Data Analysis, 5%
Customer Service, 4%

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Benefits Representative
Benefits Representative vs Compensation Analyst

Updated January 8, 2025

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