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Position classification specialist vs retirement specialist

The differences between position classification specialists and retirement 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 position classification specialist and a retirement specialist. Additionally, a position classification specialist has an average salary of $47,638, which is higher than the $40,474 average annual salary of a retirement specialist.

The top three skills for a position classification specialist include position descriptions, mental health and position classification. The most important skills for a retirement specialist are life insurance, HR, and recordkeeping.

Position classification specialist vs retirement specialist overview

Position Classification SpecialistRetirement Specialist
Yearly salary$47,638$40,474
Hourly rate$22.90$19.46
Growth rate7%7%
Number of jobs21,23724,916
Job satisfaction5-
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 71%
Average age4545
Years of experience66

Position classification specialist vs retirement specialist salary

Position classification specialists and retirement specialists have different pay scales, as shown below.

Position Classification SpecialistRetirement Specialist
Average salary$47,638$40,474
Salary rangeBetween $29,000 And $76,000Between $29,000 And $56,000
Highest paying City-Newark, NJ
Highest paying state-New Jersey
Best paying company-Amgen
Best paying industry-Finance

Differences between position classification specialist and retirement specialist education

There are a few differences between a position classification specialist and a retirement specialist in terms of educational background:

Position Classification SpecialistRetirement Specialist
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 71%
Most common majorCriminal JusticeBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Position classification specialist vs retirement specialist demographics

Here are the differences between position classification specialists' and retirement specialists' demographics:

Position Classification SpecialistRetirement Specialist
Average age4545
Gender ratioMale, 35.5% Female, 64.5%Male, 52.0% Female, 48.0%
Race ratioBlack or African American, 13.0% Unknown, 3.6% Hispanic or Latino, 15.0% Asian, 7.8% White, 60.3% American Indian and Alaska Native, 0.3%Black or African American, 10.8% Unknown, 3.6% Hispanic or Latino, 15.4% Asian, 7.7% White, 62.2% American Indian and Alaska Native, 0.3%
LGBT Percentage9%9%

Differences between position classification specialist and retirement specialist duties and responsibilities

Position classification specialist example responsibilities.

  • Develop and implement on online program using SharePoint to best manage employee performance appraisals effectively safeguarding documents from disaster.
  • Respond to congressional inquiries and EEO complaints.
  • Post position on the OPM web site also are the DEU expert.
  • Design Donaldson's global HTS website utilizing Microsoft SharePoint; providing one-stop resource hub housing tools and classification resources.
  • Follow FLSA guidelines for exempt and nonexempt employees when assigning FLSA codes.
  • Research and apply duties to international shipments, including FDA regulate items.
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Retirement specialist example responsibilities.

  • Manage and resolve participant escalations and requests from DOL.
  • Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
  • Review social security, Medicare, annuities and tax relate questions.
  • Process recalculations and payroll for retirees resuming their retirement benefits.
  • Utilize ASC and SRT recordkeeping systems.
  • Educate participants, clients and third party facilitators on various ERISA regulations and procedures.
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Position classification specialist vs retirement specialist skills

Common position classification specialist skills
  • Position Descriptions, 11%
  • Mental Health, 8%
  • Position Classification, 8%
  • FLSA, 6%
  • Classification Principles, 6%
  • Desk Audits, 5%
Common retirement specialist skills
  • Life Insurance, 11%
  • HR, 10%
  • Recordkeeping, 8%
  • Payroll, 8%
  • Medicare, 7%
  • Financial Products, 6%

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