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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 | Workers Compensation Coordinator | |
| Yearly salary | $85,796 | $61,323 |
| Hourly rate | $41.25 | $29.48 |
| Growth rate | 7% | 7% |
| Number of jobs | 17,361 | 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 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.
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 analysts and workerss compensation coordinator have different pay scales, as shown below.
| Senior Compensation Analyst | Workers Compensation Coordinator | |
| Average salary | $85,796 | $61,323 |
| Salary range | Between $63,000 And $116,000 | Between $41,000 And $91,000 |
| Highest paying City | Sacramento, CA | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Wedbush Securities | Tesla |
| Best paying industry | Real Estate | Finance |
There are a few differences between a senior compensation analyst and a workers compensation coordinator in terms of educational background:
| Senior Compensation Analyst | 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 senior compensation analysts' and workerss compensation coordinator' demographics:
| Senior Compensation Analyst | Workers Compensation Coordinator | |
| Average age | 45 | 45 |
| Gender ratio | Male, 34.8% Female, 65.2% | Male, 30.2% Female, 69.8% |
| 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, 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% |