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Senior compensation analyst vs workers compensation coordinator

The differences between senior compensation analysts 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 senior compensation analyst and a workers compensation coordinator. Additionally, a senior compensation analyst has an average salary of $85,796, which is higher than the $61,323 average annual salary of a workers compensation coordinator.

The top three skills for a senior compensation analyst include compensation programs, human resources and HRIS. The most important skills for a workers compensation coordinator are OSHA, patients, and rehabilitation.

Senior compensation analyst vs workers compensation coordinator overview

Senior Compensation AnalystWorkers Compensation Coordinator
Yearly salary$85,796$61,323
Hourly rate$41.25$29.48
Growth rate7%7%
Number of jobs17,36122,910
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 49%
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 workers compensation coordinator do?

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.

Senior compensation analyst vs workers compensation coordinator salary

Senior compensation analysts and workerss compensation coordinator have different pay scales, as shown below.

Senior Compensation AnalystWorkers Compensation Coordinator
Average salary$85,796$61,323
Salary rangeBetween $63,000 And $116,000Between $41,000 And $91,000
Highest paying CitySacramento, CANew York, NY
Highest paying stateNew JerseyNew York
Best paying companyWedbush SecuritiesTesla
Best paying industryReal EstateFinance

Differences between senior compensation analyst and workers compensation coordinator education

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

Senior Compensation AnalystWorkers Compensation Coordinator
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 49%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior compensation analyst vs workers compensation coordinator demographics

Here are the differences between senior compensation analysts' and workerss compensation coordinator' demographics:

Senior Compensation AnalystWorkers Compensation Coordinator
Average age4545
Gender ratioMale, 34.8% Female, 65.2%Male, 30.2% Female, 69.8%
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, 10.7% Unknown, 3.6% Hispanic or Latino, 15.4% Asian, 6.8% White, 63.1% American Indian and Alaska Native, 0.3%
LGBT Percentage9%9%

Differences between senior compensation analyst and workers compensation coordinator 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

Workers compensation coordinator example responsibilities.

  • Support, maintain and manage input of information into the automated HRIS system, and integrate HRIS with other systems.
  • Manage litigation, pay timely compensation, file necessary state forms timely, negotiate appropriate settlements within company assign authority.
  • Maintain employee records in ADP and PeopleSoft.
  • Create job codes using PeopleSoft; conduct periodic audits and analysis.
  • Act as liaison with third-party administrator (TPA) and insurance carrier.
  • Assist in the development of new applicant tracking system and HRIS database.
  • Show more

Senior compensation analyst vs workers compensation coordinator skills

Common senior compensation analyst skills
  • Compensation Programs, 10%
  • Human Resources, 9%
  • HRIS, 6%
  • FLSA, 4%
  • Data Analysis, 4%
  • Salary Surveys, 3%
Common workers compensation coordinator skills
  • OSHA, 10%
  • Patients, 10%
  • Rehabilitation, 7%
  • Data Entry, 7%
  • Insurance Adjusters, 4%
  • Patient Care, 4%

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