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Senior compensation analyst vs benefits assistant

The differences between senior compensation analysts and benefits assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior compensation analyst and a benefits assistant. Additionally, a senior compensation analyst has an average salary of $85,796, which is higher than the $39,850 average annual salary of a benefits assistant.

The top three skills for a senior compensation analyst include compensation programs, human resources and HRIS. The most important skills for a benefits assistant are human resources, data entry, and cobra.

Senior compensation analyst vs benefits assistant overview

Senior Compensation AnalystBenefits Assistant
Yearly salary$85,796$39,850
Hourly rate$41.25$19.16
Growth rate7%7%
Number of jobs17,36125,337
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 62%
Average age4545
Years of experience66

What does a senior compensation analyst do?

A senior compensation analyst is primarily in charge of developing and maintaining compensation programs for a company's employees. Their responsibilities revolve around performing extensive research and analysis to identify employee needs, understanding the extent of every workforce position, conducting surveys, improving existing programs, and learning the compensation programs of competitors. Furthermore, as a senior compensation analyst, it is essential to lead and encourage teams to reach goals and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.

What does a benefits assistant do?

Typically working in a human resources department, a benefits assistant is in charge of performing clerical support tasks for an efficient workflow. They primarily communicate with employees to answer inquiries regarding benefits and compensation programs, assist in processing documents, and resolve issues and concerns. Their responsibilities also include conducting research and analysis, liaising with external parties such as vendors and suppliers, organizing documents, and maintaining records. Above all, it is essential to carry out duties while adhering to the company's policies and regulations.

Senior compensation analyst vs benefits assistant salary

Senior compensation analysts and benefits assistants have different pay scales, as shown below.

Senior Compensation AnalystBenefits Assistant
Average salary$85,796$39,850
Salary rangeBetween $63,000 And $116,000Between $31,000 And $50,000
Highest paying CitySacramento, CASeattle, WA
Highest paying stateNew JerseyWashington
Best paying companyWedbush SecuritiesIrving Isd
Best paying industryReal EstateGovernment

Differences between senior compensation analyst and benefits assistant education

There are a few differences between a senior compensation analyst and a benefits assistant in terms of educational background:

Senior Compensation AnalystBenefits Assistant
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior compensation analyst vs benefits assistant demographics

Here are the differences between senior compensation analysts' and benefits assistants' demographics:

Senior Compensation AnalystBenefits Assistant
Average age4545
Gender ratioMale, 34.8% Female, 65.2%Male, 15.7% Female, 84.3%
Race ratioBlack or African American, 10.6% Unknown, 3.9% Hispanic or Latino, 14.9% Asian, 7.7% White, 62.4% American Indian and Alaska Native, 0.5%Black or African American, 10.5% Unknown, 3.8% Hispanic or Latino, 15.4% Asian, 7.9% White, 62.0% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between senior compensation analyst and benefits assistant duties and responsibilities

Senior compensation analyst example responsibilities.

  • Manage retention program including calculating and paying out all retention amounts and monthly accruals.
  • Manage special projects, develop senior level presentations and handle communications on behalf of SVP
  • Update records for disability area including workers compensation and FMLA.
  • Project management of job evaluation and FLSA classification to support payroll consolidation of a high tech subsidiary.
  • Conduct job analysis / evaluation to determine appropriate FLSA classification and salary level according to compensation guidelines and policy.
  • Develop specifications and team with technology staff to implement performance measurement and merit processing system, including integration with HRIS.
  • Show more

Benefits assistant example responsibilities.

  • Create reports using SQL database and manage reports, perform from internet-base tools for research projects need for client insight.
  • Audit HIPAA and outgoing correspondence.
  • Maintain strict confidentiality, observing HIPAA and other policies and guidelines.
  • Post patient payments, verify insurance coverage for new and Medicaid patients.
  • Provide information, education and assistance to clients regarding Medicare and Medicaid by phone and in person.
  • Audit, correct and record all attendance records, vacation records, vacation carryover and vacation/sick accruals.
  • Show more

Senior compensation analyst vs benefits assistant skills

Common senior compensation analyst skills
  • Compensation Programs, 10%
  • Human Resources, 9%
  • HRIS, 6%
  • FLSA, 4%
  • Data Analysis, 4%
  • Salary Surveys, 3%
Common benefits assistant skills
  • Human Resources, 10%
  • Data Entry, 8%
  • Cobra, 7%
  • Health Insurance, 7%
  • Open Enrollment, 6%
  • HRIS, 5%

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