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The differences between verification specialists and compensation 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 verification specialist and a compensation specialist. Additionally, a compensation specialist has an average salary of $67,722, which is higher than the $31,564 average annual salary of a verification specialist.
The top three skills for a verification specialist include customer service, patients and data entry. The most important skills for a compensation specialist are human resources, compensation programs, and customer service.
| Verification Specialist | Compensation Specialist | |
| Yearly salary | $31,564 | $67,722 |
| Hourly rate | $15.18 | $32.56 |
| Growth rate | 7% | 7% |
| Number of jobs | 26,348 | 32,642 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 37% | Bachelor's Degree, 63% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
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.
A compensation specialist is responsible for evaluating the organization's benefits package for the employees, following the state regulations and legislation procedures. Compensation specialists identify the staff needs and develop opportunities that would maximize productivity and increase efficiency. They also analyze the market performance to adjust compensation rates according to roles as needed with the coordination of the finance department. A compensation specialist facilitates orientations for new programs and informs the employees about any changes in the payment system.
Verification specialists and compensation specialists have different pay scales, as shown below.
| Verification Specialist | Compensation Specialist | |
| Average salary | $31,564 | $67,722 |
| Salary range | Between $24,000 And $41,000 | Between $41,000 And $110,000 |
| Highest paying City | San Jose, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Jacobs Engineering Group | Microsoft |
| Best paying industry | Insurance | - |
There are a few differences between a verification specialist and a compensation specialist in terms of educational background:
| Verification Specialist | Compensation Specialist | |
| Most common degree | Bachelor's Degree, 37% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between verification specialists' and compensation specialists' demographics:
| Verification Specialist | Compensation Specialist | |
| Average age | 45 | 45 |
| Gender ratio | Male, 23.9% Female, 76.1% | Male, 25.3% Female, 74.7% |
| Race ratio | 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% | Black or African American, 10.6% Unknown, 3.7% Hispanic or Latino, 15.4% Asian, 7.4% White, 62.6% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 9% | 9% |