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The differences between contract analysts and contract coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contract analyst has an average salary of $54,544, which is higher than the $43,318 average annual salary of a contract coordinator.
The top three skills for a contract analyst include customer service, contract management and contract terms. The most important skills for a contract coordinator are customer service, data entry, and contract management.
| Contract Analyst | Contract Coordinator | |
| Yearly salary | $54,544 | $43,318 |
| Hourly rate | $26.22 | $20.83 |
| Growth rate | 9% | 9% |
| Number of jobs | 58,593 | 38,845 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 60% |
| Average age | 40 | 44 |
| Years of experience | 4 | - |
A contract analyst is primarily in charge of thoroughly reviewing contract terms and conditions, negotiating and addressing changes on behalf of a company or an individual, and avoiding financial disadvantages or any disputes. They are responsible for consulting with clients, analyzing clauses and liabilities, recommending amendments, documenting all transactions, and monitoring every change in the contract. Furthermore, there are instances when a contract analyst must coordinate with all department officers, advising them of any significant changes that the contracts might bring.
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 analysts and contract coordinators have different pay scales, as shown below.
| Contract Analyst | Contract Coordinator | |
| Average salary | $54,544 | $43,318 |
| Salary range | Between $39,000 And $74,000 | Between $32,000 And $58,000 |
| Highest paying City | Jersey City, NJ | New York, NY |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | AstraZeneca | AbbVie |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a contract analyst and a contract coordinator in terms of educational background:
| Contract Analyst | Contract Coordinator | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between contract analysts' and contract coordinators' demographics:
| Contract Analyst | Contract Coordinator | |
| Average age | 40 | 44 |
| Gender ratio | Male, 41.2% Female, 58.8% | Male, 30.0% Female, 70.0% |
| Race ratio | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% | 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% |