Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between contracts administrators and contract coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contracts administrator has an average salary of $52,876, which is higher than the $43,318 average annual salary of a contract coordinator.
The top three skills for a contracts administrator include contract administration, customer service and contract management. The most important skills for a contract coordinator are customer service, data entry, and contract management.
| Contracts Administrator | Contract Coordinator | |
| Yearly salary | $52,876 | $43,318 |
| Hourly rate | $25.42 | $20.83 |
| Growth rate | -6% | 9% |
| Number of jobs | 58,038 | 38,845 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 60% |
| Average age | 48 | 44 |
| Years of experience | 6 | - |
Contract administrators create and manage legal contracts from which the company participates. They ensure that all entities to the contract will accomplish their obligations, as indicated in the contract. They usually work for larger organizations that might be involved with different or highly complex contracts. These organizations spread across a range of industries, including government, construction, and healthcare. Their responsibilities include addressing any conflicts of questions regarding the contract, analyzing the possible risks posed by contracts, and working alongside the legal and procurement teams.
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.
Contracts administrators and contract coordinators have different pay scales, as shown below.
| Contracts Administrator | Contract Coordinator | |
| Average salary | $52,876 | $43,318 |
| Salary range | Between $35,000 And $78,000 | Between $32,000 And $58,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | Maryland | Connecticut |
| Best paying company | Ngam Advisors, L.P. | AbbVie |
| Best paying industry | Finance | Finance |
There are a few differences between a contracts administrator and a contract coordinator in terms of educational background:
| Contracts Administrator | Contract Coordinator | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between contracts administrators' and contract coordinators' demographics:
| Contracts Administrator | Contract Coordinator | |
| Average age | 48 | 44 |
| Gender ratio | Male, 32.2% Female, 67.8% | Male, 30.0% Female, 70.0% |
| Race ratio | Black or African American, 9.2% Unknown, 4.4% Hispanic or Latino, 12.6% Asian, 7.7% White, 65.3% American Indian and Alaska Native, 0.8% | 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 | 7% | 11% |