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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 | Business Coordinator | |
| Yearly salary | $43,318 | $49,119 |
| Hourly rate | $20.83 | $23.61 |
| Growth rate | 9% | -8% |
| Number of jobs | 38,845 | 78,259 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 62% |
| Average age | 44 | 44 |
| Years of experience | - | - |
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.
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 coordinators and business coordinators have different pay scales, as shown below.
| Contract Coordinator | Business Coordinator | |
| Average salary | $43,318 | $49,119 |
| Salary range | Between $32,000 And $58,000 | Between $30,000 And $79,000 |
| Highest paying City | New York, NY | Newark, CA |
| Highest paying state | Connecticut | Hawaii |
| Best paying company | AbbVie | Exxon Mobil |
| Best paying industry | Finance | - |
There are a few differences between a contract coordinator and a business coordinator in terms of educational background:
| Contract Coordinator | Business Coordinator | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between contract coordinators' and business coordinators' demographics:
| Contract Coordinator | Business Coordinator | |
| Average age | 44 | 44 |
| Gender ratio | Male, 30.0% Female, 70.0% | Male, 32.1% Female, 67.9% |
| Race ratio | 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% | 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 | 11% | 11% |