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Workers compensation coordinator vs compensation specialist

The differences between workerss compensation coordinator 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 workers compensation coordinator and a compensation specialist. Additionally, a compensation specialist has an average salary of $67,722, which is higher than the $61,323 average annual salary of a workers compensation coordinator.

The top three skills for a workers compensation coordinator include OSHA, patients and rehabilitation. The most important skills for a compensation specialist are human resources, compensation programs, and customer service.

Workers compensation coordinator vs compensation specialist overview

Workers Compensation CoordinatorCompensation Specialist
Yearly salary$61,323$67,722
Hourly rate$29.48$32.56
Growth rate7%7%
Number of jobs22,91032,642
Job satisfaction--
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 63%
Average age4545
Years of experience66

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.

What does a compensation specialist do?

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.

Workers compensation coordinator vs compensation specialist salary

Workerss compensation coordinator and compensation specialists have different pay scales, as shown below.

Workers Compensation CoordinatorCompensation Specialist
Average salary$61,323$67,722
Salary rangeBetween $41,000 And $91,000Between $41,000 And $110,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkWashington
Best paying companyTeslaMicrosoft
Best paying industryFinance-

Differences between workers compensation coordinator and compensation specialist education

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

Workers Compensation CoordinatorCompensation Specialist
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Workers compensation coordinator vs compensation specialist demographics

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

Workers Compensation CoordinatorCompensation Specialist
Average age4545
Gender ratioMale, 30.2% Female, 69.8%Male, 25.3% Female, 74.7%
Race ratioBlack 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%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 Percentage9%9%

Differences between workers compensation coordinator and compensation specialist duties and responsibilities

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

Compensation specialist example responsibilities.

  • Manage contractor terminations/hiring, process exceeding target of updating PeopleSoft within one business day.
  • Manage special projects including a compensation structure redesign, a performance evaluation redesign and a PeopleSoft implementation.
  • Evaluate new and current job descriptions for appropriate placement in salary structure and FLSA overtime exemption rules.
  • Evaluate FLSA status and appropriate salary structure positioning.
  • Conduct HRIS audit and quality assurance to ensure data integrity and accuracy.
  • Coordinate and complete all ERISA and other regulatory filing requirements.
  • Show more

Workers compensation coordinator vs compensation specialist skills

Common workers compensation coordinator skills
  • OSHA, 10%
  • Patients, 10%
  • Rehabilitation, 7%
  • Data Entry, 7%
  • Insurance Adjusters, 4%
  • Patient Care, 4%
Common compensation specialist skills
  • Human Resources, 12%
  • Compensation Programs, 10%
  • Customer Service, 9%
  • HRIS, 7%
  • Data Analysis, 5%
  • FLSA, 5%

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