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The differences between compensation consultants and hris managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a compensation consultant and a hris manager. Additionally, a hris manager has an average salary of $105,995, which is higher than the $90,436 average annual salary of a compensation consultant.
The top three skills for a compensation consultant include human resources, project management and data analysis. The most important skills for a hris manager are project management, business processes, and performance management.
| Compensation Consultant | Hris Manager | |
| Yearly salary | $90,436 | $105,995 |
| Hourly rate | $43.48 | $50.96 |
| Growth rate | 2% | 2% |
| Number of jobs | 11,745 | 10,983 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 75% |
| Average age | 46 | 46 |
| Years of experience | 6 | 6 |
A compensation consultant is responsible for supporting the human resources department's operations by reviewing the organization's compensation policies and programs, ensuring that the guidelines adhere to state regulations and requirements. Compensation consultants conduct market research analysis to identify salary grades according to job positions and financial stability. They also study benefit plans and facilitate the dissemination of information by organizing orientations and utilizing the company's media platforms. A compensation consultant should have excellent knowledge of the payroll processes to respond to employees' inquiries and concerns and settle salary discrepancies.
An HRIS manager or commonly known as a human resource information system manager, is responsible for supporting and maintaining the company's HR systems. They primarily perform the complex task of making sure all HR systems are compliant with labor regulations and regularly updated. Typically, they oversee employee data information, including processing, HR-related report generation, system upgrades, and maintaining data integrity. They supervise the implementation and daily HRIS operation. Moreover, this job requires excellent communication skills, both verbal and written.
Compensation consultants and hris managers have different pay scales, as shown below.
| Compensation Consultant | Hris Manager | |
| Average salary | $90,436 | $105,995 |
| Salary range | Between $65,000 And $124,000 | Between $75,000 And $147,000 |
| Highest paying City | Berkeley, CA | San Francisco, CA |
| Highest paying state | Washington | Alaska |
| Best paying company | Microsoft | Mayer Brown |
| Best paying industry | Finance | - |
There are a few differences between a compensation consultant and a hris manager in terms of educational background:
| Compensation Consultant | Hris Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between compensation consultants' and hris managers' demographics:
| Compensation Consultant | Hris Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 37.1% Female, 62.9% | Male, 40.9% Female, 59.1% |
| Race ratio | Black or African American, 11.2% Unknown, 3.4% Hispanic or Latino, 10.0% Asian, 8.4% White, 66.6% American Indian and Alaska Native, 0.4% | Black or African American, 10.8% Unknown, 3.4% Hispanic or Latino, 9.8% Asian, 8.2% White, 67.3% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 35% | 35% |