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The differences between business continuity specialists and funding 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 $43,459 average annual salary of a funding 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 funding specialist are data entry, excellent organizational, and ACH.
| Business Continuity Specialist | Funding Specialist | |
| Yearly salary | $77,509 | $43,459 |
| Hourly rate | $37.26 | $20.89 |
| Growth rate | 11% | -3% |
| Number of jobs | 72,123 | 47,806 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 61% |
| 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 Funding Specialist is in charge of facilitating the funding procedures of a company. They mainly function by identifying the funding needs of projects and programs, conducting extensive research and analyses, and developing plans and strategies to secure funding, all while adhering to the company's policies and regulations. Moreover, aside from planning, a funding specialist is also responsible for liaising with internal and external parties, establishing budget guidelines, preparing and processing documents, and resolving issues promptly and efficiently should any arise.
Business continuity specialists and funding specialists have different pay scales, as shown below.
| Business Continuity Specialist | Funding Specialist | |
| Average salary | $77,509 | $43,459 |
| Salary range | Between $60,000 And $99,000 | Between $30,000 And $62,000 |
| Highest paying City | Washington, DC | Urban Honolulu, HI |
| Highest paying state | Washington | Hawaii |
| Best paying company | BNY Mellon | Northern Trust |
| Best paying industry | Health Care | Finance |
There are a few differences between a business continuity specialist and a funding specialist in terms of educational background:
| Business Continuity Specialist | Funding Specialist | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between business continuity specialists' and funding specialists' demographics:
| Business Continuity Specialist | Funding Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 66.8% Female, 33.2% | Male, 36.9% Female, 63.1% |
| 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% |