Compensation agent demographics and statistics in the US
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Compensation agent demographics by:
Compensation agent gender statistics
51.6% of compensation agents are women and 48.4% of compensation agents are men.
- Female, 51.6%
- Male, 48.4%
Compensation agent gender ratio
| Gender | Percentages |
|---|---|
| Female | 51.6% |
| Male | 48.4% |
Compensation agent gender pay gap
Women earn 91¢ for every $1 earned by men
Male income
$36,251
Female income
$33,132
Compensation agent gender ratio over time
This data breaks down the percentage of men and women in compensation agent positions over time. Currently, 51.6% of compensation agents are female.
Compensation agent gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 51.02% | 48.98% |
| 2011 | 51.24% | 48.76% |
| 2012 | 49.17% | 50.83% |
| 2013 | 52.36% | 47.64% |
| 2014 | 49.75% | 50.25% |
| 2015 | 51.30% | 48.70% |
| 2016 | 50.46% | 49.54% |
| 2017 | 50.50% | 49.50% |
| 2018 | 50.05% | 49.95% |
| 2019 | 48.29% | 51.71% |
| 2020 | 46.96% | 53.04% |
| 2021 | 48.39% | 51.61% |
Compensation agent related jobs gender ratio
We compared compensation agents with similar job titles to see how gender ratios vary. As you can see, proprietary trader and floor trader have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Insurance Follow Up Representative | 11% | 89% |
| Insurance Verification Specialist | 11% | 89% |
| Commercial Lines Account Manager | 13% | 87% |
| Compensation Agent | 48% | 52% |
| Futures Trader | 94% | 6% |
| Floor Trader | 95% | 5% |
| Proprietary Trader | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Compensation agent demographics by race
The most common ethnicity among compensation agents is White, which makes up 73.6% of all compensation agents. Comparatively, 11.4% of compensation agents are Hispanic or Latino and 7.2% of compensation agents are Black or African American.
- White, 73.6%
- Hispanic or Latino, 11.4%
- Black or African American, 7.2%
- Asian, 4.2%
- Unknown, 3.5%
- American Indian and Alaska Native, 0.1%
Compensation agent race
| Compensation agent race | Percentages |
|---|---|
| White | 73.6% |
| Hispanic or Latino | 11.4% |
| Black or African American | 7.2% |
| Asian | 4.2% |
| Unknown | 3.5% |
| American Indian and Alaska Native | 0.1% |
Compensation agent race and ethnicity over time
See how compensation agent racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Compensation agent race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 82.04% | 5.78% | 3.17% | 7.89% |
| 2011 | 81.60% | 5.78% | 3.28% | 8.17% |
| 2012 | 80.70% | 6.16% | 3.42% | 8.14% |
| 2013 | 79.82% | 6.78% | 3.52% | 8.29% |
| 2014 | 79.25% | 6.38% | 3.53% | 9.29% |
| 2015 | 77.58% | 7.19% | 3.36% | 10.14% |
| 2016 | 78.54% | 6.80% | 3.41% | 9.27% |
| 2017 | 77.22% | 7.07% | 3.97% | 9.90% |
| 2018 | 78.10% | 5.82% | 3.88% | 10.42% |
| 2019 | 76.77% | 6.49% | 3.68% | 11.42% |
| 2020 | 75.02% | 5.59% | 4.31% | 11.14% |
| 2021 | 73.58% | 7.18% | 4.22% | 11.40% |
Compensation agent wage gap by race
According to our data, white compensation agents have the highest average salary compared to other ethnicities. Black or african american compensation agents have the lowest average salary at $34,053.
| Ethnicity | Salary |
|---|---|
| Unknown | $36,533 |
| White | $38,236 |
| Black or African American | $34,053 |
| Asian | $36,824 |
| Hispanic or Latino | $35,742 |
Average compensation agent age
See how the average age of compensation agents varies based on ethnicity and gender.
Male
Female
Compensation agent age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 44 | 42 |
| White | 47 | 49 |
| Black or African American | 46 | 46.5 |
| Asian | 46 | 41 |
| Hispanic or Latino | 41 | 39 |
Compensation agent age breakdown
The average age of compensation agents is 40+ years years old, representing 66% of the compensation agent population.
Compensation agent age breakdown
| Compensation Agent Years | Percentages |
|---|---|
| 40+ years | 66% |
| 30-40 years | 23% |
| 20-30 years | 11% |
Compensation agent educational attainment
The most common degree for compensation agents is bachelor's degree, with 64% of compensation agents earning that degree. The second and third most common degree levels are associate degree degree at 18% and associate degree degree at 9%.
- Bachelor's, 64%
- Associate, 18%
- High School Diploma, 9%
- Master's, 9%
Compensation agents by degree level
| Compensation agent degree | Percentages |
|---|---|
| Bachelor's | 64% |
| Associate | 18% |
| High School Diploma | 9% |
| Master's | 9% |
Compensation agent jobs you might like
Compensation agent wage gap by degree level
According to the data, compensation agents with a Bachelor's degree earn more than those without, at $40,921 annually. With a Master's degree, compensation agents earn a median annual income of $40,831 compared to $38,157 for compensation agents with an Doctorate degree.
| Education | Salary |
|---|---|
| Master's Degree | $40,831 |
| High School Diploma or Less | $33,120 |
| Bachelor's Degree | $40,921 |
| Doctorate Degree | $38,157 |
| Some College/ Associate Degree | $32,998 |
Compensation agent employment statistics
Company size where compensation agents work
Below, you can see the size of companies where compensation agents work.
Compensation agent jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 6% |
| 50 - 100 employees | 19% |
| 100 - 500 employees | 6% |
| 1,000 - 10,000 employees | 19% |
| > 10,000 employees | 50% |
Compensation agent turnover and employment statistics
Compensation agent unemployment rate over time
The unemployment rate for compensation agents between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Compensation agent unemployment rate by year
| Year | Compensation agent unemployment rate |
|---|---|
| 2010 | 5.09% |
| 2011 | 4.31% |
| 2012 | 4.18% |
| 2013 | 3.95% |
| 2014 | 3.23% |
| 2015 | 2.63% |
| 2016 | 2.47% |
| 2017 | 2.35% |
| 2018 | 1.88% |
| 2019 | 2.06% |
| 2020 | 3.05% |
| 2021 | 3.58% |
Average compensation agent tenure
The average compensation agent stays at their job for 1-2 years, based on the 37 compensation agents resumes in Zippia's database.
Compensation agent tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 18% |
| 1-2 years | 48% |
| 3-4 years | 15% |
| 5-7 years | 6% |
| 8-10 years | 3% |
| 11+ years | 9% |
Compensation agent LGBT ratio compared to similar jobs
Review the percent of compensation agents that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Client Services Executive | 5.13% | 143,187 |
| Relationship Banker | 5.67% | 34,587 |
| Compensation Agent | 6.79% | - |
| Digital Sales Specialist | 9.53% | 58,278 |
| Certified Travel Counselor | 17.39% | 64,668 |
Similar compensation agent jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Client Services Executive | 5.13% | 143,187 |
| Relationship Banker | 5.67% | 34,587 |
| Digital Sales Specialist | 9.53% | 58,278 |
| Certified Travel Counselor | 17.39% | 64,668 |