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Retirement plan specialist vs certified medical technician

The differences between retirement plan specialists and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a retirement plan specialist, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a retirement plan specialist has an average salary of $60,611, which is higher than the $38,859 average annual salary of a certified medical technician.

The top three skills for a retirement plan specialist include life insurance, financial products and FINRA. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Retirement plan specialist vs certified medical technician overview

Retirement Plan SpecialistCertified Medical Technician
Yearly salary$60,611$38,859
Hourly rate$29.14$18.68
Growth rate7%5%
Number of jobs9,336164,424
Job satisfaction--
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 28%
Average age4544
Years of experience612

What does a retirement plan specialist do?

Retirement plan specialists are experts who plan out their client's financial needs for retirement. The specialist's design and implement savings, benefit, and pension programs for clients. They have to explain the complicated nature of compensation, investment, and retirement packages to employees clearly and concisely. They process retirement plans following company and federal regulations. Also, they often have a background in business or human resources, and they may choose to earn employee benefit certifications that may help with their career advancement.

What does a certified medical technician do?

Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.

Retirement plan specialist vs certified medical technician salary

Retirement plan specialists and certified medical technicians have different pay scales, as shown below.

Retirement Plan SpecialistCertified Medical Technician
Average salary$60,611$38,859
Salary rangeBetween $41,000 And $88,000Between $28,000 And $53,000
Highest paying City-Denton, TX
Highest paying state-Alaska
Best paying company-Favorite Healthcare Staffing
Best paying industry-Health Care

Differences between retirement plan specialist and certified medical technician education

There are a few differences between a retirement plan specialist and a certified medical technician in terms of educational background:

Retirement Plan SpecialistCertified Medical Technician
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common collegeUniversity of PennsylvaniaUniversity of Connecticut

Retirement plan specialist vs certified medical technician demographics

Here are the differences between retirement plan specialists' and certified medical technicians' demographics:

Retirement Plan SpecialistCertified Medical Technician
Average age4544
Gender ratioMale, 54.4% Female, 45.6%Male, 20.4% Female, 79.6%
Race ratioBlack 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%Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8%
LGBT Percentage9%8%

Differences between retirement plan specialist and certified medical technician duties and responsibilities

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

Certified medical technician example responsibilities.

  • Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
  • Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
  • Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
  • Perform first aid and apply CPR when necessary.
  • Perform first aid or CPR during medical emergencies until paramedics arrive.
  • Assist the residents in their ADL needs and prepare their meals.
  • Show more

Retirement plan specialist vs certified medical technician skills

Common retirement plan specialist skills
  • Life Insurance, 14%
  • Financial Products, 6%
  • FINRA, 6%
  • ERISA, 6%
  • Retirement Accounts, 6%
  • Plan Design, 5%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

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