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The differences between pension consultants and senior benefits specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a pension consultant and a senior benefits specialist. Additionally, a pension consultant has an average salary of $74,793, which is higher than the $50,211 average annual salary of a senior benefits specialist.
The top three skills for a pension consultant include calculation, plan administration and ERISA. The most important skills for a senior benefits specialist are customer service, HR, and HRIS.
| Pension Consultant | Senior Benefits Specialist | |
| Yearly salary | $74,793 | $50,211 |
| Hourly rate | $35.96 | $24.14 |
| Growth rate | 7% | 7% |
| Number of jobs | 6,583 | 34,999 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 83% | Bachelor's Degree, 67% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
Pension consultants and senior benefits specialists have different pay scales, as shown below.
| Pension Consultant | Senior Benefits Specialist | |
| Average salary | $74,793 | $50,211 |
| Salary range | Between $52,000 And $106,000 | Between $34,000 And $72,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a pension consultant and a senior benefits specialist in terms of educational background:
| Pension Consultant | Senior Benefits Specialist | |
| Most common degree | Bachelor's Degree, 83% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between pension consultants' and senior benefits specialists' demographics:
| Pension Consultant | Senior Benefits Specialist | |
| Average age | 45 | 45 |
| Gender ratio | Male, 51.7% Female, 48.3% | Male, 25.4% Female, 74.6% |
| Race ratio | Black or African American, 10.5% Unknown, 3.7% Hispanic or Latino, 15.4% Asian, 7.9% White, 62.1% American Indian and Alaska Native, 0.4% | Black or African American, 10.6% Unknown, 3.6% Hispanic or Latino, 15.6% Asian, 7.3% White, 62.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 9% | 9% |