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Employee benefits manager vs compensation and benefits technician

The differences between employee benefits managers and compensation and benefits technicians 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 compensation and benefits technician. Additionally, an employee benefits manager has an average salary of $85,621, which is higher than the $52,410 average annual salary of a compensation and benefits technician.

The top three skills for an employee benefits manager include customer service, HR and client relationships. The most important skills for a compensation and benefits technician are payroll, data entry, and open enrollment.

Employee benefits manager vs compensation and benefits technician overview

Employee Benefits ManagerCompensation And Benefits Technician
Yearly salary$85,621$52,410
Hourly rate$41.16$25.20
Growth rate2%2%
Number of jobs13,90616,838
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 61%
Average age4646
Years of experience66

Employee benefits manager vs compensation and benefits technician salary

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

Employee Benefits ManagerCompensation And Benefits Technician
Average salary$85,621$52,410
Salary rangeBetween $53,000 And $137,000Between $33,000 And $80,000
Highest paying CityNew York, NY-
Highest paying stateNew Jersey-
Best paying companyDLA Piper-
Best paying industryFinance-

Differences between employee benefits manager and compensation and benefits technician education

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

Employee Benefits ManagerCompensation And Benefits Technician
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Employee benefits manager vs compensation and benefits technician demographics

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

Employee Benefits ManagerCompensation And Benefits Technician
Average age4646
Gender ratioMale, 31.7% Female, 68.3%Male, 23.1% Female, 76.9%
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, 11.3% Unknown, 3.4% Hispanic or Latino, 10.0% Asian, 8.3% White, 66.5% American Indian and Alaska Native, 0.4%
LGBT Percentage35%35%

Differences between employee benefits manager and compensation and benefits technician 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

Compensation and benefits technician example responsibilities.

  • Practice compliant HIPAA, particularly regarding ePHI.
  • Research Medicaid claims using MMIS to locate discrepancies of payments.
  • Review benefits transition statements for accuracy, using Lawson HRIS; statement to verify employee prior and new position benefits.
  • Process and maintain benefit insurance enrollments, changes and terminations for all programs within company HRIS system and vendor websites.
  • Process benefit enrollments with vendors and enter benefit payroll deductions.
  • Produce weekly payroll, distribute payroll vouchers and compensation statements to field agency office according to schedules.
  • Show more

Employee benefits manager vs compensation and benefits technician 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 compensation and benefits technician skills
  • Payroll, 18%
  • Data Entry, 17%
  • Open Enrollment, 11%
  • Cobra, 7%
  • Insurance Carriers, 7%
  • Retirement System, 5%

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