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The differences between compensation adjusters and material damage adjusters can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a compensation adjuster and a material damage adjuster. Additionally, a compensation adjuster has an average salary of $59,246, which is higher than the $53,724 average annual salary of a material damage adjuster.
The top three skills for a compensation adjuster include litigation, workers compensation claims and medical treatment. The most important skills for a material damage adjuster are insurance claims, policy coverage, and repair estimates.
| Compensation Adjuster | Material Damage Adjuster | |
| Yearly salary | $59,246 | $53,724 |
| Hourly rate | $28.48 | $25.83 |
| Growth rate | -6% | -6% |
| Number of jobs | 15,062 | 28,605 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Compensation adjusters and material damage adjusters have different pay scales, as shown below.
| Compensation Adjuster | Material Damage Adjuster | |
| Average salary | $59,246 | $53,724 |
| Salary range | Between $39,000 And $89,000 | Between $36,000 And $80,000 |
| Highest paying City | - | Florence, KY |
| Highest paying state | - | Alaska |
| Best paying company | - | Erie Insurance |
| Best paying industry | - | Insurance |
There are a few differences between a compensation adjuster and a material damage adjuster in terms of educational background:
| Compensation Adjuster | Material Damage Adjuster | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Stanford University | SUNY Farmingdale |
Here are the differences between compensation adjusters' and material damage adjusters' demographics:
| Compensation Adjuster | Material Damage Adjuster | |
| Average age | 44 | 44 |
| Gender ratio | Male, 23.6% Female, 76.4% | Male, 61.2% Female, 38.8% |
| Race ratio | Black or African American, 12.1% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 61.4% American Indian and Alaska Native, 0.5% | Black or African American, 11.6% Unknown, 4.5% Hispanic or Latino, 15.3% Asian, 5.8% White, 62.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |