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Retirement specialist vs designer

The differences between retirement specialists and designers 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 specialist, becoming a designer takes usually requires 6-12 months. Additionally, a designer has an average salary of $66,347, which is higher than the $40,474 average annual salary of a retirement specialist.

The top three skills for a retirement specialist include life insurance, HR and recordkeeping. The most important skills for a designer are sketch, customer service, and graphic design.

Retirement specialist vs designer overview

Retirement SpecialistDesigner
Yearly salary$40,474$66,347
Hourly rate$19.46$31.90
Growth rate7%3%
Number of jobs24,91652,433
Job satisfaction-5
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 61%
Average age4538
Years of experience612

What does a retirement specialist do?

A retirement specialist is responsible for designing and implementing retirement packages such as benefits, savings, profit sharing, and pensions to the employees of a certain company. They work together with the human resource department to ensure that all retirees can access their benefits and pensions. Their duties and responsibilities include explaining the different retirement packages to the potential beneficiaries and working with HR to resolve any issues.

What does a designer do?

A designer is someone who creates a master plan of the look or workings of something before it will be made. It could be tangible or intangible objects, products, procedures, laws, events, games, graphics, services, and even experiences. Designers are creative thinkers with a great eye to configure the skeletal and structural properties of the targeted output. They work in several fields, such as fashion, architecture, web graphics, and user experience. In spite of the variety of professionals in the design industry, all of them are artistic, passionate, inspiring, and emotionally connected to their projects and brands.

Retirement specialist vs designer salary

Retirement specialists and designers have different pay scales, as shown below.

Retirement SpecialistDesigner
Average salary$40,474$66,347
Salary rangeBetween $29,000 And $56,000Between $45,000 And $97,000
Highest paying CityNewark, NJSeattle, WA
Highest paying stateNew JerseyWashington
Best paying companyAmgenMeta
Best paying industryFinanceTechnology

Differences between retirement specialist and designer education

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

Retirement SpecialistDesigner
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 61%
Most common majorBusinessGraphic Design
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Retirement specialist vs designer demographics

Here are the differences between retirement specialists' and designers' demographics:

Retirement SpecialistDesigner
Average age4538
Gender ratioMale, 52.0% Female, 48.0%Male, 56.9% Female, 43.1%
Race ratioBlack 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%Black or African American, 3.4% Unknown, 5.0% Hispanic or Latino, 10.6% Asian, 10.4% White, 70.2% American Indian and Alaska Native, 0.4%
LGBT Percentage9%13%

Differences between retirement specialist and designer duties and responsibilities

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.
  • Show more

Designer example responsibilities.

  • Lead & design all creative content stemming from apparel design to web identity.
  • Manage various PCB designs utilizing state of the art DFM techniques and comply with company standards.
  • Utilize CSS, DHTML, HTML, and JavaScript for cross browser, cross platform compatibility and consistency.
  • Develop different kinds of functions globally, locally for the development of forms using JavaScript, CSS.
  • Transform customer specifications into usable SolidWorks 3D models and assemblies from which all manufacturing are derived.
  • Process ECR's and ECO's using Windchill.
  • Show more

Retirement specialist vs designer skills

Common retirement specialist skills
  • Life Insurance, 11%
  • HR, 10%
  • Recordkeeping, 8%
  • Payroll, 8%
  • Medicare, 7%
  • Financial Products, 6%
Common designer skills
  • Sketch, 10%
  • Customer Service, 7%
  • Graphic Design, 6%
  • CSS, 5%
  • HTML, 4%
  • PowerPoint, 4%

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