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The differences between contracting officers and business development consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development consultant has an average salary of $85,153, which is higher than the $60,007 average annual salary of a contracting officer.
The top three skills for a contracting officer include contractor proposals, contract administration and contract management. The most important skills for a business development consultant are healthcare, CRM, and cloud.
| Contracting Officer | Business Development Consultant | |
| Yearly salary | $60,007 | $85,153 |
| Hourly rate | $28.85 | $40.94 |
| Growth rate | - | 6% |
| Number of jobs | 59,896 | 168,111 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | - | - |
In government agencies, a Contracting Officer plays a vital role in securing contracts for different projects. They are responsible for liaising with internal and external parties, conducting research and analyses, developing plans to attain project requirements, negotiating contracts, and procuring materials according to standards. They are also responsible for supervising the administrative processes related to the deals, from planning to execution, ensuring that everything runs smoothly and efficiently. Moreover, it is essential to function as a contracting officer while adhering to government policies and regulations.
The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.
Contracting officers and business development consultants have different pay scales, as shown below.
| Contracting Officer | Business Development Consultant | |
| Average salary | $60,007 | $85,153 |
| Salary range | Between $37,000 And $95,000 | Between $52,000 And $137,000 |
| Highest paying City | Washington, DC | Minneapolis, MN |
| Highest paying state | Maryland | Pennsylvania |
| Best paying company | Pacific Northwest National Laboratory | Veeva Systems |
| Best paying industry | Government | Media |
There are a few differences between a contracting officer and a business development consultant in terms of educational background:
| Contracting Officer | Business Development Consultant | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between contracting officers' and business development consultants' demographics:
| Contracting Officer | Business Development Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 65.7% Female, 34.3% | Male, 64.1% Female, 35.9% |
| 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% |