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Business continuity specialist vs contracts specialist

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 vs contracts specialist overview

Business Continuity SpecialistContracts Specialist
Yearly salary$77,509$63,727
Hourly rate$37.26$30.64
Growth rate11%-6%
Number of jobs72,12327,244
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 62%
Average age4444
Years of experience--

What does a business continuity specialist do?

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.

What does a contracts specialist do?

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 specialist vs contracts specialist salary

Business continuity specialists and contracts specialists have different pay scales, as shown below.

Business Continuity SpecialistContracts Specialist
Average salary$77,509$63,727
Salary rangeBetween $60,000 And $99,000Between $40,000 And $99,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateWashingtonDelaware
Best paying companyBNY MellonGoogle
Best paying industryHealth CareGovernment

Differences between business continuity specialist and contracts specialist education

There are a few differences between a business continuity specialist and a contracts specialist in terms of educational background:

Business Continuity SpecialistContracts Specialist
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Business continuity specialist vs contracts specialist demographics

Here are the differences between business continuity specialists' and contracts specialists' demographics:

Business Continuity SpecialistContracts Specialist
Average age4444
Gender ratioMale, 66.8% Female, 33.2%Male, 40.2% Female, 59.8%
Race ratioBlack 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 Percentage11%11%

Differences between business continuity specialist and contracts specialist duties and responsibilities

Business continuity specialist example responsibilities.

  • Lead highly productive DR team of disparate groups of professionals providing recovery administration, planning and operational functions.
  • Design the department website using Sharepoint.
  • Update and revise ISO work instructions as necessary and issue the new and revise instructions.
  • Aid in initiatives to efficiently train staff in continuity skills and to enhance continuity awareness throughout the WBG.
  • Full BIA, risk analysis, risk mediation planning, and risk management project addressing all critical systems and revenue streams.
  • Participate in development of BCM risk mitigation and recovery strategies.
  • Show more

Contracts specialist example responsibilities.

  • Manage multiple task orders in an IDIQ environment.
  • Provide clarity on medical and drug cover benefits for a Medicare advantage insurance plan.
  • Manage inventory and distribution activities of the third-party logistics provider.
  • Develop marketing strategies to expand Medicaid manage care provider network and enrollment.
  • Manage the influenza vaccine annual contracting and RFP process for a national specialty pharmaceutical distributor.
  • Process purchase orders and subcontracts, including managing insurance requirement compliance and certify payroll documentation.
  • Show more

Business continuity specialist vs contracts specialist skills

Common business continuity specialist skills
  • Project Management, 9%
  • Lean Six Sigma, 8%
  • Six Sigma Training, 7%
  • Value Stream, 6%
  • Business Impact Analysis, 6%
  • Lean Manufacturing, 4%
Common contracts specialist skills
  • Veterans, 7%
  • DOD, 7%
  • Contract Administration, 6%
  • Contract Terms, 5%
  • Contract Management, 5%
  • Market Research, 5%

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