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The differences between business continuity specialists and contracts specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business continuity specialist has an average salary of $77,509, which is higher than the $63,727 average annual salary of a contracts specialist.
The top three skills for a business continuity specialist include project management, lean six sigma and six sigma training. The most important skills for a contracts specialist are veterans, DOD, and contract administration.
| Business Continuity Specialist | Contracts Specialist | |
| Yearly salary | $77,509 | $63,727 |
| Hourly rate | $37.26 | $30.64 |
| Growth rate | 11% | -6% |
| Number of jobs | 72,123 | 27,244 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 62% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A business continuity specialist is responsible for developing, maintaining, and implementing disaster recovery and business continuity strategies, including business impact analyses, risk assessments, and strategy selection. Your duties typically include developing and implementing plans to continue business operations and achieve effective communication, working with managers to identify and improve KPIs, and keeping abreast of the latest trends and industry best practices. Additionally, you are expected to work closely with internal resources to identify customer needs through brainstorming.
A contract specialist is responsible for evaluating contract agreements between the business and its clients. Contract specialists write beneficial deals that would develop good, professional working partnerships. They negotiate terms with clients, analyzing bid offers, review legislation processes and regulations, provide immediate resolution for breach of contracts, manage procurement proposals, and communicate with potential and existing clients for any amendments and clarifications. A contract specialist must have excellent communication and negotiation skills and broad knowledge of legal terminologies and contract styles.
Business continuity specialists and contracts specialists have different pay scales, as shown below.
| Business Continuity Specialist | Contracts Specialist | |
| Average salary | $77,509 | $63,727 |
| Salary range | Between $60,000 And $99,000 | Between $40,000 And $99,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Washington | Delaware |
| Best paying company | BNY Mellon | |
| Best paying industry | Health Care | Government |
There are a few differences between a business continuity specialist and a contracts specialist in terms of educational background:
| Business Continuity Specialist | Contracts Specialist | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between business continuity specialists' and contracts specialists' demographics:
| Business Continuity Specialist | Contracts Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 66.8% Female, 33.2% | Male, 40.2% Female, 59.8% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 11% | 11% |