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The differences between commodity analysts 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 a commodity analyst and a subcontract administrator. Additionally, a commodity analyst has an average salary of $87,261, which is higher than the $65,686 average annual salary of a subcontract administrator.
The top three skills for a commodity analyst include risk management, commodities and macro. The most important skills for a subcontract administrator are price analysis, purchase orders, and program management.
| Commodity Analyst | Subcontract Administrator | |
| Yearly salary | $87,261 | $65,686 |
| Hourly rate | $41.95 | $31.58 |
| Growth rate | 11% | -6% |
| Number of jobs | 11,130 | 51,285 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 69% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A commodity analyst focuses on the raw material part of the stock market. This job can range from analyzing oil and electricity to soybeans and fruits. Typical tasks of a commodity analyst include monitoring the commodities and market industries, analyzing financial information, and drafting accurate reports for investors. This analyst requires at least a bachelor's degree in finance, economics, or a related field. Other qualifications include using computer software, a thorough knowledge of economics, and analytical skills.
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.
Commodity analysts and subcontract administrators have different pay scales, as shown below.
| Commodity Analyst | Subcontract Administrator | |
| Average salary | $87,261 | $65,686 |
| Salary range | Between $63,000 And $119,000 | Between $42,000 And $102,000 |
| Highest paying City | Boston, MA | Washington, DC |
| Highest paying state | Massachusetts | California |
| Best paying company | Apple | Urban Institute |
| Best paying industry | Finance | Technology |
There are a few differences between a commodity analyst and a subcontract administrator in terms of educational background:
| Commodity Analyst | Subcontract Administrator | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between commodity analysts' and subcontract administrators' demographics:
| Commodity Analyst | Subcontract Administrator | |
| Average age | 48 | 48 |
| Gender ratio | Male, 63.6% Female, 36.4% | Male, 51.7% Female, 48.3% |
| Race ratio | Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.5% 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% |