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The differences between compensation coordinators and benefit specialists 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 coordinator and a benefit specialist. Additionally, a benefit specialist has an average salary of $48,756, which is higher than the $46,317 average annual salary of a compensation coordinator.
The top three skills for a compensation coordinator include HRIS, worksheets and compensation programs. The most important skills for a benefit specialist are customer service, HR, and patients.
| Compensation Coordinator | Benefit Specialist | |
| Yearly salary | $46,317 | $48,756 |
| Hourly rate | $22.27 | $23.44 |
| Growth rate | 7% | 7% |
| Number of jobs | 24,806 | 31,663 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 59% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
Compensation coordinators and benefit specialists have different pay scales, as shown below.
| Compensation Coordinator | Benefit Specialist | |
| Average salary | $46,317 | $48,756 |
| Salary range | Between $36,000 And $58,000 | Between $34,000 And $68,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Connecticut |
| Best paying company | - | Qorvo |
| Best paying industry | - | Finance |
There are a few differences between a compensation coordinator and a benefit specialist in terms of educational background:
| Compensation Coordinator | Benefit Specialist | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between compensation coordinators' and benefit specialists' demographics:
| Compensation Coordinator | Benefit Specialist | |
| Average age | 45 | 45 |
| Gender ratio | Male, 23.5% Female, 76.5% | Male, 21.1% Female, 78.9% |
| Race ratio | Black 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, 11.0% Unknown, 3.6% Hispanic or Latino, 15.3% Asian, 7.5% White, 62.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 9% | 9% |