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The differences between arbitrators and experts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an expert has an average salary of $94,068, which is higher than the $68,492 average annual salary of an arbitrator.
The top three skills for an arbitrator include arbitration, customer claims and PSI. The most important skills for an expert are sales floor, strong customer service, and product knowledge.
| Arbitrator | Expert | |
| Yearly salary | $68,492 | $94,068 |
| Hourly rate | $32.93 | $45.23 |
| Growth rate | 6% | - |
| Number of jobs | 899 | 11,893 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 50% |
| Average age | 46 | 41 |
| Years of experience | - | - |
Arbitrators and experts have different pay scales, as shown below.
| Arbitrator | Expert | |
| Average salary | $68,492 | $94,068 |
| Salary range | Between $39,000 And $120,000 | Between $54,000 And $161,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | California |
| Best paying company | - | McKinsey & Company Inc |
| Best paying industry | - | - |
There are a few differences between an arbitrator and an expert in terms of educational background:
| Arbitrator | Expert | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 50% |
| Most common major | Law | Business |
| Most common college | Stanford University | - |
Here are the differences between arbitrators' and experts' demographics:
| Arbitrator | Expert | |
| Average age | 46 | 41 |
| Gender ratio | Male, 56.6% Female, 43.4% | Male, 55.6% Female, 44.4% |
| Race ratio | Black or African American, 5.4% Unknown, 4.4% Hispanic or Latino, 7.7% Asian, 6.3% White, 76.0% American Indian and Alaska Native, 0.3% | Black or African American, 10.2% Unknown, 5.3% Hispanic or Latino, 19.2% Asian, 8.3% White, 56.5% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 7% |