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The differences between contractor/consultants and contract coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contractor/consultant has an average salary of $84,811, which is higher than the $43,318 average annual salary of a contract coordinator.
The top three skills for a contractor/consultant include healthcare, post implementation and data analysis. The most important skills for a contract coordinator are customer service, data entry, and contract management.
| Contractor/Consultant | Contract Coordinator | |
| Yearly salary | $84,811 | $43,318 |
| Hourly rate | $40.77 | $20.83 |
| Growth rate | 11% | 9% |
| Number of jobs | 64,573 | 38,845 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 60% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A contractor is a self-employed businessperson who agrees to work for a fixed price. His/her job involves the evaluation of clients' needs and actual performance of work. On the other hand, a consultant is a skilled independent businessperson who provides expert teaching and training in a specific market by assisting existing staff for the improvement of operations, problem-solving, and development of strategies. His/her role is to assess clients' needs and provide expert advice and opinion. However, both individuals are not employees, since they came from outside of the organization to perform such services.
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.
Contractor/consultants and contract coordinators have different pay scales, as shown below.
| Contractor/Consultant | Contract Coordinator | |
| Average salary | $84,811 | $43,318 |
| Salary range | Between $58,000 And $123,000 | Between $32,000 And $58,000 |
| Highest paying City | Boston, MA | New York, NY |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | Cerner | AbbVie |
| Best paying industry | Technology | Finance |
There are a few differences between a contractor/consultant and a contract coordinator in terms of educational background:
| Contractor/Consultant | Contract Coordinator | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between contractor/consultants' and contract coordinators' demographics:
| Contractor/Consultant | Contract Coordinator | |
| Average age | 44 | 44 |
| Gender ratio | Male, 66.2% Female, 33.8% | Male, 30.0% Female, 70.0% |
| 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% |