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Compensator worker hiring summary. Here are some key points about hiring compensator workers in the United States:
Here's a step-by-step compensator worker hiring guide:
A compensator worker manages office upkeep organization supplies and vendors and works with CPT coding and ICD9 coding. Besides using CPT codes and ICD9 codes to code all Coe or Aoe evaluations, surgical procedures, and consultations, compensation workers also direct and supervise law office tasks, including subpoenas delivery. These professionals facilitate close working relationships between medical providers, managers, injured workers, and third-party administrators. Moreover, compensator workers resolve key issues by corresponding with opposition counsel, clients, and WCAB.
Before you start hiring a compensator worker, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
A compensator worker's background is also an important factor in determining whether they'll be a good fit for the position. For example, compensator workers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list presents compensator worker salaries for various positions.
| Type of Compensator Worker | Description | Hourly rate |
|---|---|---|
| Compensator Worker | $15-37 | |
| Claims Administrator | Claims administrators are professionals who are responsible for performing administrative duties related to insurance claims. These administrators must collaborate with insurance companies so that they can analyze claims and determine the extent of the company's liability... Show more | $13-21 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $75,743 | $36 |
| 2 | New Jersey | $75,642 | $36 |
| 3 | Illinois | $67,411 | $32 |
| 4 | Iowa | $65,680 | $32 |
| 5 | Alaska | $61,679 | $30 |
| 6 | California | $59,416 | $29 |
| 7 | Pennsylvania | $59,376 | $29 |
| 8 | Washington | $55,910 | $27 |
| 9 | Maryland | $55,202 | $27 |
| 10 | Massachusetts | $54,384 | $26 |
| 11 | Ohio | $54,341 | $26 |
| 12 | Virginia | $53,530 | $26 |
| 13 | Arizona | $52,508 | $25 |
| 14 | Indiana | $52,447 | $25 |
| 15 | Colorado | $52,218 | $25 |
| 16 | Missouri | $50,769 | $24 |
| 17 | Florida | $50,379 | $24 |
| 18 | South Carolina | $50,181 | $24 |
| 19 | Wyoming | $49,987 | $24 |
| 20 | North Carolina | $49,099 | $24 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | W. R. Berkley | $100,733 | $48.43 | |
| 2 | Southern California Edison | $90,938 | $43.72 | |
| 3 | Gallagher | $74,254 | $35.70 | |
| 4 | Lewis Brisbois Bisgaard & Smith | $72,128 | $34.68 | 1 |
| 5 | AmTrust Financial | $71,468 | $34.36 | |
| 6 | BERKLEY TECHNOLOGY SERVICES | $69,580 | $33.45 | 2 |
| 7 | GPAC | $68,594 | $32.98 | |
| 8 | Liberty Mutual Insurance | $66,875 | $32.15 | |
| 9 | Brown & Brown | $64,518 | $31.02 | |
| 10 | Northrop Grumman | $64,399 | $30.96 | 16 |
| 11 | Prime Healthcare | $64,265 | $30.90 | 15 |
| 12 | The Travelers Companies | $60,339 | $29.01 | |
| 13 | Zurich | $60,277 | $28.98 | |
| 14 | Evans Dixon | $59,894 | $28.80 | |
| 15 | Garnet Health | $56,453 | $27.14 | |
| 16 | Edison International | $56,227 | $27.03 | |
| 17 | Hensley Legal Group, PC | $53,680 | $25.81 | |
| 18 | G-TECH | $53,128 | $25.54 | |
| 19 | St Luke's Hospital & Health Network Inc | $53,113 | $25.54 | |
| 20 | Washington State University | $52,704 | $25.34 |
A compensator worker job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a compensator worker job description:
There are various strategies that you can use to find the right compensator worker for your business:
During your first interview to recruit compensator workers, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the compensator worker candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new compensator worker first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
There are different types of costs for hiring compensator workers. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new compensator worker employee.
The median annual salary for compensator workers is $50,653 in the US. However, the cost of compensator worker hiring can vary a lot depending on location. Additionally, hiring a compensator worker for contract work or on a per-project basis typically costs between $15 and $37 an hour.