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Employee benefits manager vs benefits analyst

The differences between employee benefits managers and benefits analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an employee benefits manager and a benefits analyst. Additionally, an employee benefits manager has an average salary of $85,621, which is higher than the $50,944 average annual salary of a benefits analyst.

The top three skills for an employee benefits manager include customer service, HR and client relationships. The most important skills for a benefits analyst are customer service, HR, and HRIS.

Employee benefits manager vs benefits analyst overview

Employee Benefits ManagerBenefits Analyst
Yearly salary$85,621$50,944
Hourly rate$41.16$24.49
Growth rate2%7%
Number of jobs13,90620,211
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 70%
Average age4645
Years of experience66

What does an employee benefits manager do?

An employee benefits manager is responsible for leading the human resources department in establishing the appropriate benefits package and compensation for the employees according to industry regulations and business requirements. Employee benefits managers facilitate the programs and orientations in sharing retirement plans, insurance policies, and other related packages across the organization. They also assist the employee benefits staff in resolving issues and handling disputes from employees' concerns. An employee benefits manager must have excellent communication and leadership skills, as well as extensive knowledge of the human resources practices to build recommendations that would support the employees' needs and welfare.

What does a benefits analyst do?

A Benefits Analyst is responsible for administering and communicating benefit programs for an organization. They attract and retain employees through researching, recommending, and explaining benefit programs.

Employee benefits manager vs benefits analyst salary

Employee benefits managers and benefits analysts have different pay scales, as shown below.

Employee Benefits ManagerBenefits Analyst
Average salary$85,621$50,944
Salary rangeBetween $53,000 And $137,000Between $36,000 And $70,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew JerseyNew Jersey
Best paying companyDLA PiperAmd
Best paying industryFinanceProfessional

Differences between employee benefits manager and benefits analyst education

There are a few differences between an employee benefits manager and a benefits analyst in terms of educational background:

Employee Benefits ManagerBenefits Analyst
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Employee benefits manager vs benefits analyst demographics

Here are the differences between employee benefits managers' and benefits analysts' demographics:

Employee Benefits ManagerBenefits Analyst
Average age4645
Gender ratioMale, 31.7% Female, 68.3%Male, 27.8% Female, 72.2%
Race ratioBlack or African American, 10.9% Unknown, 3.4% Hispanic or Latino, 9.8% Asian, 8.2% White, 67.2% American Indian and Alaska Native, 0.4%Black or African American, 11.1% Unknown, 3.6% Hispanic or Latino, 15.2% Asian, 7.8% White, 61.8% American Indian and Alaska Native, 0.3%
LGBT Percentage35%9%

Differences between employee benefits manager and benefits analyst duties and responsibilities

Employee benefits manager example responsibilities.

  • Lead the RFP process to select a new global payroll provider; balancing the needs of all global stakeholders.
  • Create reports using SQL database and manage reports, perform from internet-base tools for research projects need for client insight.
  • Advise executive committee on design of benefit plans and compliance with applicable IRC and ERISA regulations and DOL guidelines.
  • Upload electronic data interchanges, for FSA, H.S.A , 403b , 457b.
  • Create and maintain updated ACA relate employer require reports.
  • Drive full replacement CDHP plans with HSA and wellness initiatives.
  • Show more

Benefits analyst example responsibilities.

  • Manage relationships with all FSA clients including supporting their employee inquiries, reporting, and explain policy and procedure.
  • Manage regulatory compliance with federal and state leave laws such as FMLA, ADA, CFRA, PDL and FEHA.
  • Create reports using SQL database and manage reports, perform from internet-base tools for research projects need for client insight.
  • Develop data analysis procedures to comply with ACA regulations.
  • Screen clients for Medicaid and other health insurance eligibility.
  • Provide functional expertise and leadership of retiree benefits administration during the RFP selection process for outsourcing retirement administration.
  • Show more

Employee benefits manager vs benefits analyst skills

Common employee benefits manager skills
  • Customer Service, 13%
  • HR, 9%
  • Client Relationships, 6%
  • Senior Level Management, 6%
  • Due Diligence, 5%
  • Cross-Selling, 5%
Common benefits analyst skills
  • Customer Service, 10%
  • HR, 8%
  • HRIS, 6%
  • Payroll, 6%
  • PowerPoint, 5%
  • RFP, 4%

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