Benefits Specialist vs Compensation Analyst
Pay, skills and open jobs side by side, from current job postings across the US.
Pay
Benefits Specialist
$88,000 typical, a year
Most Benefits Specialists earn $81,000 to $106,600 a year.
From 52 postings that list pay
203 open jobs now
Compensation Analyst
$111,800 typical, a year
Most Compensation Analysts earn $91,000 to $136,100 a year.
From 124 postings that list pay
321 open jobs now
Compensation Analysts typically earn about $23,800 more a year than Benefits Specialists.
What each one does
Benefits Specialist
- Administer employee benefits programs including medical, dental, vision, and retirement plans.
- Serve as the primary point of contact for employees regarding benefits inquiries and issues.
- Process employee benefit enrollments, changes, and terminations in HR and benefits systems.
- Support annual open enrollment activities including planning, communications, and system updates.
- Coordinate with external benefits vendors and resolve billing or claims concerns.
- Ensure compliance with federal and state regulations for all benefit programs.
Summed up from 30 job postings
Compensation Analyst
- Conduct market research and compensation analysis to ensure pay structures are competitive and aligned with industry standards.
- Analyze internal compensation data to identify trends and areas for improvement ensuring equity and consistency across the organization.
- Prepare and reconcile data sets that feed compensation models, accruals, and forecasts.
- Support the annual compensation cycle including bonus pool analysis, compensation statement generation and distribution.
- Partner with HR, Recruiting, Finance, and business leaders on compensation decisions.
- Audit and maintain compensation data to ensure accuracy and compliance.
Summed up from 30 job postings
Skills employers ask for
Benefits Specialist
Asked for in both
- HRIS 5 in 10 postings
- Microsoft Excel 4 in 10 postings
- Microsoft Office 4 in 10 postings
- Workday 3 in 10 postings
More common in Benefits Specialist postings
- Benefits Administration 7 in 10 postings
- Payroll 4 in 10 postings
- ERISA 3 in 10 postings
- Vendor Management 2 in 10 postings
- Health & Benefits 2 in 10 postings
- Benefits Enrollment 2 in 10 postings
Compensation Analyst
Asked for in both
- HRIS 3 in 10 postings
- Microsoft Excel 6 in 10 postings
- Microsoft Office 2 in 10 postings
- Workday 3 in 10 postings
More common in Compensation Analyst postings
- Compensation Analysis 5 in 10 postings
- Compensation 4 in 10 postings
- Market Pricing 3 in 10 postings
- Compensation Benchmarking 2 in 10 postings
- Data Analysis 2 in 10 postings
- Microsoft PowerPoint 2 in 10 postings
Out of each role's current postings.
Open jobs
Benefits Specialist
Senior Benefits Analyst
Creation TechnologiesPay not stated Boston, MA, USA HybridMicrosoft ExcelMicrosoft PowerPointWorkdayMedicareProject Management +6Benefits Administrator
Community MedicalPay not stated Fresno, CA, USWorkdayBenefits AdministrationPayment ProcessingSummary Plan DescriptionsBenefits Enrollment +1Benefits & Leave Specialist
EMCOR Group IncPay not stated Fort Wayne, IN, USBenefits AdministrationCustomer ServiceTime and Leave AdministrationBenefits EnrollmentHRIS
Compensation Analyst
Senior Compensation Analyst
HealthPoint$88,570 - $142,600/yrstated Renton, WAMicrosoft ExcelProject ManagementHRISMicrosoft OfficeData Analysis +7Officer, Compensation Analyst
Banc of CaliforniaPay not stated Santa Ana, CA OnsiteMicrosoft OfficeMicrosoft ExcelERISAPayrollHRIS +1Officer, Compensation Analyst
Banc of CaliforniaPay not stated Santa Ana, CA OnsiteMicrosoft OfficeMicrosoft ExcelERISAPayrollHRIS +1
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