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The differences between contract administrator/contract specialists and contract coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contract administrator/contract specialist has an average salary of $53,425, which is higher than the $43,318 average annual salary of a contract coordinator.
The top three skills for a contract administrator/contract specialist include contract management, purchase orders and contract terms. The most important skills for a contract coordinator are customer service, data entry, and contract management.
| Contract Administrator/Contract Specialist | Contract Coordinator | |
| Yearly salary | $53,425 | $43,318 |
| Hourly rate | $25.69 | $20.83 |
| Growth rate | 9% | 9% |
| Number of jobs | 61,764 | 38,845 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 60% |
| Average age | 48 | 44 |
| Years of experience | 6 | - |
A Contract Administrator and Contract Specialist reviews all contracts of the company. They are responsible for reviewing every contract if it is for the company's benefit and if there are hidden risks. This person also helps draft future contracts and inspects new contracts during deals and negotiations. Contract Specialists update existing contracts, propose amendments if necessary, and advise the company on contracts that have risks that may affect the activities of the company.
Contract Coordinators manage the company's contracts with suppliers, vendors, or other external parties. They keep track of all existing agreements and ensure that these agreements are properly documented. They manage the hard copy of the contracts, update suppliers' records, and review contracts to ensure that the best deals are made for their company. They also keep track of all the suppliers and their performance as vendors when tapped by the company. Contract Coordinators oversee different contracts' fulfillment to guarantee that all agreements and stipulations are met, especially deadlines and engagement specifications.
Contract administrator/contract specialists and contract coordinators have different pay scales, as shown below.
| Contract Administrator/Contract Specialist | Contract Coordinator | |
| Average salary | $53,425 | $43,318 |
| Salary range | Between $35,000 And $79,000 | Between $32,000 And $58,000 |
| Highest paying City | Annapolis, MD | New York, NY |
| Highest paying state | Maryland | Connecticut |
| Best paying company | Jacobs Engineering Group | AbbVie |
| Best paying industry | Technology | Finance |
There are a few differences between a contract administrator/contract specialist and a contract coordinator in terms of educational background:
| Contract Administrator/Contract Specialist | Contract Coordinator | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between contract administrator/contract specialists' and contract coordinators' demographics:
| Contract Administrator/Contract Specialist | Contract Coordinator | |
| Average age | 48 | 44 |
| Gender ratio | Male, 30.0% Female, 70.0% | Male, 30.0% Female, 70.0% |
| Race ratio | Black or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.6% White, 66.3% American Indian and Alaska Native, 0.8% | 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 | 7% | 11% |