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The differences between senior compensation analysts and verification 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 senior compensation analyst and a verification specialist. Additionally, a senior compensation analyst has an average salary of $85,796, which is higher than the $31,564 average annual salary of a verification specialist.
The top three skills for a senior compensation analyst include compensation programs, human resources and HRIS. The most important skills for a verification specialist are customer service, patients, and data entry.
| Senior Compensation Analyst | Verification Specialist | |
| Yearly salary | $85,796 | $31,564 |
| Hourly rate | $41.25 | $15.18 |
| Growth rate | 7% | 7% |
| Number of jobs | 17,361 | 26,348 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 37% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
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.
The verification specialist's primary role is to make and take calls to employers for the purpose of verifying information stated by an applicant on his/her /her job application. They manage calls inbound/outbound for education, employment, reference, and licensing verification purposes. They also maintain and keep records of all calls handled to ensure all verifications made are followed upon on time. They communicate effectively and proficiently to all parties involved in attaining verification information. Moreover, they do monthly review to quality check all data gathered for verifications.
Senior compensation analysts and verification specialists have different pay scales, as shown below.
| Senior Compensation Analyst | Verification Specialist | |
| Average salary | $85,796 | $31,564 |
| Salary range | Between $63,000 And $116,000 | Between $24,000 And $41,000 |
| Highest paying City | Sacramento, CA | San Jose, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Wedbush Securities | Jacobs Engineering Group |
| Best paying industry | Real Estate | Insurance |
There are a few differences between a senior compensation analyst and a verification specialist in terms of educational background:
| Senior Compensation Analyst | Verification Specialist | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 37% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior compensation analysts' and verification specialists' demographics:
| Senior Compensation Analyst | Verification Specialist | |
| Average age | 45 | 45 |
| Gender ratio | Male, 34.8% Female, 65.2% | Male, 23.9% Female, 76.1% |
| Race ratio | Black 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, 11.2% Unknown, 3.7% Hispanic or Latino, 15.2% Asian, 7.3% White, 62.3% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 9% | 9% |