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The differences between contract administrator/contract specialists and contracts specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contracts specialist has an average salary of $63,727, which is higher than the $53,425 average annual salary of a contract administrator/contract specialist.
The top three skills for a contract administrator/contract specialist include contract management, purchase orders and contract terms. The most important skills for a contracts specialist are veterans, DOD, and contract administration.
| Contract Administrator/Contract Specialist | Contracts Specialist | |
| Yearly salary | $53,425 | $63,727 |
| Hourly rate | $25.69 | $30.64 |
| Growth rate | 9% | -6% |
| Number of jobs | 61,764 | 27,244 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 62% |
| 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.
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.
Contract administrator/contract specialists and contracts specialists have different pay scales, as shown below.
| Contract Administrator/Contract Specialist | Contracts Specialist | |
| Average salary | $53,425 | $63,727 |
| Salary range | Between $35,000 And $79,000 | Between $40,000 And $99,000 |
| Highest paying City | Annapolis, MD | Washington, DC |
| Highest paying state | Maryland | Delaware |
| Best paying company | Jacobs Engineering Group | |
| Best paying industry | Technology | Government |
There are a few differences between a contract administrator/contract specialist and a contracts specialist in terms of educational background:
| Contract Administrator/Contract Specialist | Contracts Specialist | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between contract administrator/contract specialists' and contracts specialists' demographics:
| Contract Administrator/Contract Specialist | Contracts Specialist | |
| Average age | 48 | 44 |
| Gender ratio | Male, 30.0% Female, 70.0% | Male, 40.2% Female, 59.8% |
| 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% |