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Personnel analyst vs retirement plan specialist

The differences between personnel analysts and retirement plan 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 personnel analyst and a retirement plan specialist. Additionally, a retirement plan specialist has an average salary of $60,611, which is higher than the $52,176 average annual salary of a personnel analyst.

The top three skills for a personnel analyst include payroll, personnel policies and personnel actions. The most important skills for a retirement plan specialist are life insurance, financial products, and FINRA.

Personnel analyst vs retirement plan specialist overview

Personnel AnalystRetirement Plan Specialist
Yearly salary$52,176$60,611
Hourly rate$25.08$29.14
Growth rate7%7%
Number of jobs44,2639,336
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 76%
Average age4545
Years of experience66

Personnel analyst vs retirement plan specialist salary

Personnel analysts and retirement plan specialists have different pay scales, as shown below.

Personnel AnalystRetirement Plan Specialist
Average salary$52,176$60,611
Salary rangeBetween $38,000 And $71,000Between $41,000 And $88,000
Highest paying CitySanta Cruz, CA-
Highest paying stateNew Jersey-
Best paying companyUC Merced-
Best paying industryProfessional-

Differences between personnel analyst and retirement plan specialist education

There are a few differences between a personnel analyst and a retirement plan specialist in terms of educational background:

Personnel AnalystRetirement Plan Specialist
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Personnel analyst vs retirement plan specialist demographics

Here are the differences between personnel analysts' and retirement plan specialists' demographics:

Personnel AnalystRetirement Plan Specialist
Average age4545
Gender ratioMale, 34.7% Female, 65.3%Male, 54.4% Female, 45.6%
Race ratioBlack or African American, 11.7% Unknown, 4.0% Hispanic or Latino, 15.4% Asian, 7.3% White, 61.1% American Indian and Alaska Native, 0.5%Black or African American, 10.5% Unknown, 3.8% Hispanic or Latino, 15.2% Asian, 7.8% White, 62.2% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between personnel analyst and retirement plan specialist duties and responsibilities

Personnel analyst example responsibilities.

  • Work with Kronos time keeping software and manage personnel files.
  • Lead team development on new HRIS recruitment and selection system.
  • Enter employees in HRIS, insurance and other benefit programs.
  • Complete appropriate personnel and payroll documents to initiate pay status, change pay status, or change personal information.
  • Design and adjust job specifications according to departmental requirements, legal standards, EEO guidelines, and task analysis results.
  • Conduct payroll research and investigations.
  • Show more

Retirement plan specialist example responsibilities.

  • Generate sales leads for personal investments, annuities and plan sales.
  • Participate in establishing and testing pension plans on PeopleSoft to automate applicable calculations.
  • Call into the ADP payroll client base to cross-sell retirement products and work with payroll reps on joint sales.
  • Research and advise clients and attorneys on laws and regulations to comply with QDRO and federal guidelines.
  • Train staff on ASC software and provide office support, as needed, for issues and new training.
  • Assist in the planning, testing and conversion of the company's payroll system from GEAC to JD Edwards.
  • Show more

Personnel analyst vs retirement plan specialist skills

Common personnel analyst skills
  • Payroll, 20%
  • Personnel Policies, 7%
  • Personnel Actions, 6%
  • Selection Procedures, 6%
  • Labor Relations, 6%
  • Collective Bargaining, 4%
Common retirement plan specialist skills
  • Life Insurance, 14%
  • Financial Products, 6%
  • FINRA, 6%
  • ERISA, 6%
  • Retirement Accounts, 6%
  • Plan Design, 5%

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