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The differences between retirement specialists and workerss compensation coordinator can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a retirement specialist and a workers compensation coordinator. Additionally, a workers compensation coordinator has an average salary of $61,323, 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 workers compensation coordinator are OSHA, patients, and rehabilitation.
| Retirement Specialist | Workers Compensation Coordinator | |
| Yearly salary | $40,474 | $61,323 |
| Hourly rate | $19.46 | $29.48 |
| Growth rate | 7% | 7% |
| Number of jobs | 24,916 | 22,910 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 49% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
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.
Workers compensation coordinators work with supervisors to identify incident causes and the best corrective actions. They train coordinators and supervisors on reporting and managing workers' compensation claims. Besides coordinating EHS committee meetings and managing EHS files, workers' compensation coordinators also manage workers' programs for hearing tests, safety glasses, and safety shoes. These professionals use the company credit card or purchasing system to order safety supplies. Also, they ensure workers get the needed care by partnering with medical providers and injured employees.
Retirement specialists and workerss compensation coordinator have different pay scales, as shown below.
| Retirement Specialist | Workers Compensation Coordinator | |
| Average salary | $40,474 | $61,323 |
| Salary range | Between $29,000 And $56,000 | Between $41,000 And $91,000 |
| Highest paying City | Newark, NJ | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Amgen | Tesla |
| Best paying industry | Finance | Finance |
There are a few differences between a retirement specialist and a workers compensation coordinator in terms of educational background:
| Retirement Specialist | Workers Compensation Coordinator | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between retirement specialists' and workerss compensation coordinator' demographics:
| Retirement Specialist | Workers Compensation Coordinator | |
| Average age | 45 | 45 |
| Gender ratio | Male, 52.0% Female, 48.0% | Male, 30.2% Female, 69.8% |
| Race ratio | 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% | Black or African American, 10.7% Unknown, 3.6% Hispanic or Latino, 15.4% Asian, 6.8% White, 63.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 9% | 9% |