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Compensation analyst vs certified medical technician

The differences between compensation analysts and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a compensation analyst, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a compensation analyst has an average salary of $66,487, which is higher than the $38,859 average annual salary of a certified medical technician.

The top three skills for a compensation analyst include HR, compensation programs and HRIS. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Compensation analyst vs certified medical technician overview

Compensation AnalystCertified Medical Technician
Yearly salary$66,487$38,859
Hourly rate$31.96$18.68
Growth rate7%5%
Number of jobs19,344164,424
Job satisfaction5-
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 28%
Average age4544
Years of experience612

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.

What does a certified medical technician do?

Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.

Compensation analyst vs certified medical technician salary

Compensation analysts and certified medical technicians have different pay scales, as shown below.

Compensation AnalystCertified Medical Technician
Average salary$66,487$38,859
Salary rangeBetween $48,000 And $90,000Between $28,000 And $53,000
Highest paying CitySacramento, CADenton, TX
Highest paying stateWashingtonAlaska
Best paying companyMetaFavorite Healthcare Staffing
Best paying industryTechnologyHealth Care

Differences between compensation analyst and certified medical technician education

There are a few differences between a compensation analyst and a certified medical technician in terms of educational background:

Compensation AnalystCertified Medical Technician
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common collegeUniversity of PennsylvaniaUniversity of Connecticut

Compensation analyst vs certified medical technician demographics

Here are the differences between compensation analysts' and certified medical technicians' demographics:

Compensation AnalystCertified Medical Technician
Average age4544
Gender ratioMale, 36.2% Female, 63.8%Male, 20.4% Female, 79.6%
Race ratioBlack 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%Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8%
LGBT Percentage9%8%

Differences between compensation analyst and certified medical technician duties and responsibilities

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.
  • Show more

Certified medical technician example responsibilities.

  • Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
  • Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
  • Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
  • Perform first aid and apply CPR when necessary.
  • Perform first aid or CPR during medical emergencies until paramedics arrive.
  • Assist the residents in their ADL needs and prepare their meals.
  • Show more

Compensation analyst vs certified medical technician skills

Common compensation analyst skills
  • HR, 12%
  • Compensation Programs, 7%
  • HRIS, 6%
  • PowerPoint, 5%
  • Data Analysis, 5%
  • Customer Service, 4%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

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