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Benefits representative vs senior compensation analyst

The differences between benefits representatives and senior 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 senior compensation analyst. Additionally, a senior compensation analyst has an average salary of $85,796, 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 senior compensation analyst are compensation programs, human resources, and HRIS.

Benefits representative vs senior compensation analyst overview

Benefits RepresentativeSenior Compensation Analyst
Yearly salary$38,694$85,796
Hourly rate$18.60$41.25
Growth rate7%7%
Number of jobs13,05817,361
Job satisfaction--
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 71%
Average age4545
Years of experience66

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 senior compensation analyst do?

A senior compensation analyst is primarily in charge of developing and maintaining compensation programs for a company's employees. Their responsibilities revolve around performing extensive research and analysis to identify employee needs, understanding the extent of every workforce position, conducting surveys, improving existing programs, and learning the compensation programs of competitors. Furthermore, as a senior compensation analyst, it is essential to lead and encourage teams to reach goals and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.

Benefits representative vs senior compensation analyst salary

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

Benefits RepresentativeSenior Compensation Analyst
Average salary$38,694$85,796
Salary rangeBetween $29,000 And $51,000Between $63,000 And $116,000
Highest paying CityNew York, NYSacramento, CA
Highest paying stateNew JerseyNew Jersey
Best paying companyBlackRockWedbush Securities
Best paying industryFinanceReal Estate

Differences between benefits representative and senior compensation analyst education

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

Benefits RepresentativeSenior Compensation Analyst
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Benefits representative vs senior compensation analyst demographics

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

Benefits RepresentativeSenior Compensation Analyst
Average age4545
Gender ratioMale, 30.3% Female, 69.7%Male, 34.8% Female, 65.2%
Race ratioBlack 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, 10.6% Unknown, 3.9% Hispanic or Latino, 14.9% Asian, 7.7% White, 62.4% American Indian and Alaska Native, 0.5%
LGBT Percentage9%9%

Differences between benefits representative and senior 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.
  • Show more

Senior compensation analyst example responsibilities.

  • Manage retention program including calculating and paying out all retention amounts and monthly accruals.
  • Manage special projects, develop senior level presentations and handle communications on behalf of SVP
  • Update records for disability area including workers compensation and FMLA.
  • Project management of job evaluation and FLSA classification to support payroll consolidation of a high tech subsidiary.
  • Conduct job analysis / evaluation to determine appropriate FLSA classification and salary level according to compensation guidelines and policy.
  • Develop specifications and team with technology staff to implement performance measurement and merit processing system, including integration with HRIS.
  • Show more

Benefits representative vs senior compensation analyst skills

Common benefits representative skills
  • Customer Service, 18%
  • Patients, 18%
  • Insurance Coverage, 8%
  • Medicaid, 6%
  • Insurance Carriers, 5%
  • Term Disability, 4%
Common senior compensation analyst skills
  • Compensation Programs, 10%
  • Human Resources, 9%
  • HRIS, 6%
  • FLSA, 4%
  • Data Analysis, 4%
  • Salary Surveys, 3%

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