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The differences between compensation managers 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 manager, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a compensation manager has an average salary of $100,119, which is higher than the $38,859 average annual salary of a certified medical technician.
The top three skills for a compensation manager include human resources, HRIS and compensation policies. The most important skills for a certified medical technician are patients, vital signs, and CPR.
| Compensation Manager | Certified Medical Technician | |
| Yearly salary | $100,119 | $38,859 |
| Hourly rate | $48.13 | $18.68 |
| Growth rate | 2% | 5% |
| Number of jobs | 7,941 | 164,424 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 28% |
| Average age | 46 | 44 |
| Years of experience | 6 | 12 |
A compensation manager is primarily responsible for developing and establishing a company's payment scale and system, ensuring all employees are well-compensated while putting the company's welfare into consideration. Moreover, a compensation manager must ensure to distribute benefits and pay rate in adherence to the laws and regulations, identify the wage rate of competitor companies, monitor the budget, and oversee the payroll and payment processes, ensuring accuracy and timeliness. Furthermore, as a manager, it is essential to lead the team, all while implementing the company's policies and regulations.
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 managers and certified medical technicians have different pay scales, as shown below.
| Compensation Manager | Certified Medical Technician | |
| Average salary | $100,119 | $38,859 |
| Salary range | Between $71,000 And $139,000 | Between $28,000 And $53,000 |
| Highest paying City | Sacramento, CA | Denton, TX |
| Highest paying state | Massachusetts | Alaska |
| Best paying company | DLA Piper | Favorite Healthcare Staffing |
| Best paying industry | Technology | Health Care |
There are a few differences between a compensation manager and a certified medical technician in terms of educational background:
| Compensation Manager | Certified Medical Technician | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 28% |
| Most common major | Business | Nursing |
| Most common college | University of Pennsylvania | University of Connecticut |
Here are the differences between compensation managers' and certified medical technicians' demographics:
| Compensation Manager | Certified Medical Technician | |
| Average age | 46 | 44 |
| Gender ratio | Male, 43.1% Female, 56.9% | Male, 20.4% Female, 79.6% |
| 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, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 35% | 8% |