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Contract worker vs senior buyer

The differences between contract workers and senior buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a contract worker and a senior buyer. Additionally, a senior buyer has an average salary of $79,848, which is higher than the $70,825 average annual salary of a contract worker.

The top three skills for a contract worker include financial statements, SQL and payroll. The most important skills for a senior buyer are supply chain, purchase orders, and MRP.

Contract worker vs senior buyer overview

Contract WorkerSenior Buyer
Yearly salary$70,825$79,848
Hourly rate$34.05$38.39
Growth rate-8%-
Number of jobs36,85327,412
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 70%
Average age4848
Years of experience66

What does a contract worker do?

A contract worker is an independent contractor who only works at companies for a limited amount of time, according to agreed-upon contract terms. When it comes to employment, a contract worker may find opportunities in different industries, depending upon their set of skills and abilities. Although the extent of their responsibilities depends on their company or industry of employment, it typically includes performing basic tasks, maintaining an active communication line with co-workers, and adhering to company policies and regulations.

What does a senior buyer do?

The job of senior buyers, or also known as purchasing agents, is to meet the material needs of an organization. They are responsible for finding suppliers, arranging the distribution to several retail outlets, and supervising other purchasing agents. They also look for new product streams and establish procurement strategies. Senior buyers typically begin their careers as assistant buyers or junior purchasing agents. Most employers usually prefer those with college degrees in marketing, business, and economics.

Contract worker vs senior buyer salary

Contract workers and senior buyers have different pay scales, as shown below.

Contract WorkerSenior Buyer
Average salary$70,825$79,848
Salary rangeBetween $52,000 And $95,000Between $56,000 And $112,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Capgemini
Best paying industry-Hospitality

Differences between contract worker and senior buyer education

There are a few differences between a contract worker and a senior buyer in terms of educational background:

Contract WorkerSenior Buyer
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Contract worker vs senior buyer demographics

Here are the differences between contract workers' and senior buyers' demographics:

Contract WorkerSenior Buyer
Average age4848
Gender ratioMale, 59.2% Female, 40.8%Male, 57.7% Female, 42.3%
Race ratioBlack or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.4% White, 65.8% American Indian and Alaska Native, 0.8%Black or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.1% Asian, 7.6% White, 66.3% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between contract worker and senior buyer duties and responsibilities

Contract worker example responsibilities.

  • Assist management in facilitating start-up QSR accounts while effectively managing GPO accounts.
  • Procure common hardware, plumbing and MRO materials.
  • Network within the community to find potential members that are recipients of Medicare/ Medicaid benefits.
  • Work on multiple accounts providing payroll advice and walking through setup and process of running payroll online.
  • Supervise a staff of ten HVAC installers and technicians, providing ongoing field training and troubleshooting support.
  • Follow QA prints to determine the location and layout of various size brackets for various size SCBA bottles.
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Senior buyer example responsibilities.

  • Manage assigned commodities by communicating MRP changes and forecasts to minimize excess inventory to achieve optimum inventory levels.
  • Manage and analyze supplier OTD and keep in constant communication with suppliers to help improve delivery.
  • Manage ECO process with overseas manufacturing partner.
  • Lead Made2Manage ERP system development and implementation to improve effectiveness and efficiency of inventory.
  • Manage invoice reconciliations, RFQ management, system database review and regular inventory reporting.
  • Manage commodities at establish re-order point levels meeting forecast for production scale-up and revenue goals.
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Contract worker vs senior buyer skills

Common contract worker skills
  • Financial Statements, 17%
  • SQL, 15%
  • Payroll, 10%
  • Computer System, 10%
  • Assembly Line, 8%
  • PowerPoint, 7%
Common senior buyer skills
  • Supply Chain, 17%
  • Purchase Orders, 11%
  • MRP, 4%
  • Supplier Performance, 4%
  • Commodities, 4%
  • Continuous Improvement, 4%

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