Post job

Contract coordinator vs business coordinator

The differences between contract coordinators and business coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business coordinator has an average salary of $49,119, which is higher than the $43,318 average annual salary of a contract coordinator.

The top three skills for a contract coordinator include customer service, data entry and contract management. The most important skills for a business coordinator are business development, customer service, and event planning.

Contract coordinator vs business coordinator overview

Contract CoordinatorBusiness Coordinator
Yearly salary$43,318$49,119
Hourly rate$20.83$23.61
Growth rate9%-8%
Number of jobs38,84578,259
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 62%
Average age4444
Years of experience--

What does a contract coordinator do?

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.

What does a business coordinator do?

Business coordinators are responsible for providing administrative and executive support-related tasks. These tasks may vary depending on the industry but typically include assisting the CEO in developing marketing plans and marketing strategy, keeping track of financial records, and producing proposals by gathering inputs from the CEO and the business development team. In addition, they are responsible for coordinating calendar and appointment schedules, assisting with ad-hoc projects, and organizing and managing documentation and data systems such as external data storage and cloud servers.

Contract coordinator vs business coordinator salary

Contract coordinators and business coordinators have different pay scales, as shown below.

Contract CoordinatorBusiness Coordinator
Average salary$43,318$49,119
Salary rangeBetween $32,000 And $58,000Between $30,000 And $79,000
Highest paying CityNew York, NYNewark, CA
Highest paying stateConnecticutHawaii
Best paying companyAbbVieExxon Mobil
Best paying industryFinance-

Differences between contract coordinator and business coordinator education

There are a few differences between a contract coordinator and a business coordinator in terms of educational background:

Contract CoordinatorBusiness Coordinator
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Contract coordinator vs business coordinator demographics

Here are the differences between contract coordinators' and business coordinators' demographics:

Contract CoordinatorBusiness Coordinator
Average age4444
Gender ratioMale, 30.0% Female, 70.0%Male, 32.1% Female, 67.9%
Race ratioBlack 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 Percentage11%11%

Differences between contract coordinator and business coordinator duties and responsibilities

Contract coordinator example responsibilities.

  • Manage PeopleSoft for files in all departments, along with internal intranet managing.
  • Manage tight deadlines to perform experiments, troubleshoot, submit documents, and train personnel.
  • Manage collections, account reconciliation, discrepancies, payments and create spreadsheets, A/R, A/P and supervise receptionist.
  • Manage technical and non-technical vendors to ensure competitive pricing and timely delivery, with proper RFP's and SLA agreements.
  • Assist management in facilitating start-up QSR accounts while effectively managing GPO accounts.
  • Manage expectations of DCMA / DCAA regulators and when necessary defend evaluated/negotiated positions.
  • Show more

Business coordinator example responsibilities.

  • Manage client and prospect database for marketing purposes through Salesforce.com.
  • Establish and maintain company's Facebook page.
  • Process new business contracts for variable and fix annuities.
  • Ensure that customer needs are met after purchasing annuities, by reviewing all documents present.
  • Maintain organization's Facebook page.
  • Verify insurance information and explain benefits to patients.
  • Show more

Contract coordinator vs business coordinator skills

Common contract coordinator skills
  • Customer Service, 12%
  • Data Entry, 7%
  • Contract Management, 6%
  • Excellent Organizational, 5%
  • Patients, 5%
  • PowerPoint, 4%
Common business coordinator skills
  • Business Development, 12%
  • Customer Service, 11%
  • Event Planning, 10%
  • Customer Satisfaction, 8%
  • Flyers, 6%
  • PowerPoint, 6%

Browse business and financial jobs