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The differences between employee benefits specialists and senior compensation 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 specialist and a senior compensation analyst. Additionally, a senior compensation analyst has an average salary of $85,796, which is higher than the $45,893 average annual salary of an employee benefits specialist.
The top three skills for an employee benefits specialist include RFP, health benefits and cobra. The most important skills for a senior compensation analyst are compensation programs, human resources, and HRIS.
| Employee Benefits Specialist | Senior Compensation Analyst | |
| Yearly salary | $45,893 | $85,796 |
| Hourly rate | $22.06 | $41.25 |
| Growth rate | 7% | 7% |
| Number of jobs | 18,644 | 17,361 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 71% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
Document clerks are employees who are responsible for tracking and controlling technical documents according to the business standards of an organization. These clerks are required to scan and photocopy business-related documents such as client files, correspondence, and company records. They must work with database systems to maintain digital files while removing and destroying outdated or obsolete files. Document clerks must also verify information in company documents to ensure that the information of clients is correct and resent in all documents.
A senior compensation analyst is primarily in charge of developing and maintaining compensation programs for a company's employees. Their responsibilities revolve around performing extensive research and analysis to identify employee needs, understanding the extent of every workforce position, conducting surveys, improving existing programs, and learning the compensation programs of competitors. Furthermore, as a senior compensation analyst, it is essential to lead and encourage teams to reach goals and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.
Employee benefits specialists and senior compensation analysts have different pay scales, as shown below.
| Employee Benefits Specialist | Senior Compensation Analyst | |
| Average salary | $45,893 | $85,796 |
| Salary range | Between $31,000 And $67,000 | Between $63,000 And $116,000 |
| Highest paying City | Parsippany-Troy Hills, NJ | Sacramento, CA |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | RSM US | Wedbush Securities |
| Best paying industry | Professional | Real Estate |
There are a few differences between an employee benefits specialist and a senior compensation analyst in terms of educational background:
| Employee Benefits Specialist | Senior Compensation Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between employee benefits specialists' and senior compensation analysts' demographics:
| Employee Benefits Specialist | Senior Compensation Analyst | |
| Average age | 45 | 45 |
| Gender ratio | Male, 28.1% Female, 71.9% | Male, 34.8% Female, 65.2% |
| Race ratio | Black or African American, 11.4% Unknown, 3.7% Hispanic or Latino, 14.8% Asian, 7.7% White, 62.1% American Indian and Alaska Native, 0.4% | Black or African American, 10.6% Unknown, 3.9% Hispanic or Latino, 14.9% Asian, 7.7% White, 62.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 9% | 9% |