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The differences between compensation managers and welfare 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 manager and a welfare manager. Additionally, a compensation manager has an average salary of $100,119, which is higher than the $68,563 average annual salary of a welfare manager.
The top three skills for a compensation manager include human resources, HRIS and compensation policies. The most important skills for a welfare manager are HIPAA, FMLA, and leave administration.
| Compensation Manager | Welfare Manager | |
| Yearly salary | $100,119 | $68,563 |
| Hourly rate | $48.13 | $32.96 |
| Growth rate | 2% | 2% |
| Number of jobs | 7,941 | 2,936 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | 6 | 6 |
Compensation managers and welfare managers have different pay scales, as shown below.
| Compensation Manager | Welfare Manager | |
| Average salary | $100,119 | $68,563 |
| Salary range | Between $71,000 And $139,000 | Between $43,000 And $107,000 |
| Highest paying City | Sacramento, CA | - |
| Highest paying state | Massachusetts | - |
| Best paying company | DLA Piper | - |
| Best paying industry | Technology | - |
There are a few differences between a compensation manager and a welfare manager in terms of educational background:
| Compensation Manager | Welfare Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between compensation managers' and welfare managers' demographics:
| Compensation Manager | Welfare Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 43.1% Female, 56.9% | Male, 30.1% Female, 69.9% |
| 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, 11.3% Unknown, 3.4% Hispanic or Latino, 10.0% Asian, 6.9% White, 67.8% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 35% | 35% |