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The differences between acquisition specialists and subcontract administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an acquisition specialist and a subcontract administrator. Additionally, an acquisition specialist has an average salary of $65,906, which is higher than the $65,686 average annual salary of a subcontract administrator.
The top three skills for an acquisition specialist include program management, market research and DOD. The most important skills for a subcontract administrator are price analysis, purchase orders, and program management.
| Acquisition Specialist | Subcontract Administrator | |
| Yearly salary | $65,906 | $65,686 |
| Hourly rate | $31.69 | $31.58 |
| Growth rate | 9% | -6% |
| Number of jobs | 17,543 | 51,285 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 69% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
An acquisition specialist is in charge of developing strategies to acquire goods and services on behalf of a company. Their responsibilities include coordinating with different departments to gather data, conducting extensive research and analysis to find cost-efficient materials and resources, liaising with external parties such as vendors and suppliers, negotiating contracts, and arranging payment plans. Furthermore, an acquisition specialist may also participate in a company's employment procedures and recruit potential employees in adherence to the company's vision and mission.
As a subcontract administrator, you will be responsible for identifying the needs of a company and implement measures and initiatives to fulfill those needs. This role will require you to perform a few tasks, including responding to purchase requisitions, soliciting bids and proposals from new and existing sources, and evaluating terms and awarding the subcontract. You are then expected to monitor the subcontract terms, including plans, progress, and payments. You will also be responsible for negotiating additions, modifications, and deletions of subcontracts.
Acquisition specialists and subcontract administrators have different pay scales, as shown below.
| Acquisition Specialist | Subcontract Administrator | |
| Average salary | $65,906 | $65,686 |
| Salary range | Between $43,000 And $99,000 | Between $42,000 And $102,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New Jersey | California |
| Best paying company | Amazon | Urban Institute |
| Best paying industry | Finance | Technology |
There are a few differences between an acquisition specialist and a subcontract administrator in terms of educational background:
| Acquisition Specialist | Subcontract Administrator | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between acquisition specialists' and subcontract administrators' demographics:
| Acquisition Specialist | Subcontract Administrator | |
| Average age | 48 | 48 |
| Gender ratio | Male, 51.9% Female, 48.1% | Male, 51.7% Female, 48.3% |
| Race ratio | Black or African American, 9.3% Unknown, 4.4% Hispanic or Latino, 12.6% Asian, 7.6% White, 65.3% American Indian and Alaska Native, 0.8% | Black or African American, 9.0% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 7.8% White, 65.7% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |