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The differences between compensation specialists 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 specialist, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a compensation specialist has an average salary of $67,722, which is higher than the $38,859 average annual salary of a certified medical technician.
The top three skills for a compensation specialist include human resources, compensation programs and customer service. The most important skills for a certified medical technician are patients, vital signs, and CPR.
| Compensation Specialist | Certified Medical Technician | |
| Yearly salary | $67,722 | $38,859 |
| Hourly rate | $32.56 | $18.68 |
| Growth rate | 7% | 5% |
| Number of jobs | 32,642 | 164,424 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 28% |
| Average age | 45 | 44 |
| Years of experience | 6 | 12 |
A compensation specialist is responsible for evaluating the organization's benefits package for the employees, following the state regulations and legislation procedures. Compensation specialists identify the staff needs and develop opportunities that would maximize productivity and increase efficiency. They also analyze the market performance to adjust compensation rates according to roles as needed with the coordination of the finance department. A compensation specialist facilitates orientations for new programs and informs the employees about any changes in the payment system.
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 specialists and certified medical technicians have different pay scales, as shown below.
| Compensation Specialist | Certified Medical Technician | |
| Average salary | $67,722 | $38,859 |
| Salary range | Between $41,000 And $110,000 | Between $28,000 And $53,000 |
| Highest paying City | San Francisco, CA | Denton, TX |
| Highest paying state | Washington | Alaska |
| Best paying company | Microsoft | Favorite Healthcare Staffing |
| Best paying industry | - | Health Care |
There are a few differences between a compensation specialist and a certified medical technician in terms of educational background:
| Compensation Specialist | Certified Medical Technician | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 28% |
| Most common major | Business | Nursing |
| Most common college | University of Pennsylvania | University of Connecticut |
Here are the differences between compensation specialists' and certified medical technicians' demographics:
| Compensation Specialist | Certified Medical Technician | |
| Average age | 45 | 44 |
| Gender ratio | Male, 25.3% Female, 74.7% | Male, 20.4% Female, 79.6% |
| Race ratio | Black or African American, 10.6% Unknown, 3.7% Hispanic or Latino, 15.4% Asian, 7.4% White, 62.6% 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 | 9% | 8% |