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The differences between contracts specialists and contract coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contracts specialist has an average salary of $63,727, which is higher than the $43,318 average annual salary of a contract coordinator.
The top three skills for a contracts specialist include veterans, DOD and contract administration. The most important skills for a contract coordinator are customer service, data entry, and contract management.
| Contracts Specialist | Contract Coordinator | |
| Yearly salary | $63,727 | $43,318 |
| Hourly rate | $30.64 | $20.83 |
| Growth rate | -6% | 9% |
| Number of jobs | 27,244 | 38,845 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 60% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A contract specialist is responsible for evaluating contract agreements between the business and its clients. Contract specialists write beneficial deals that would develop good, professional working partnerships. They negotiate terms with clients, analyzing bid offers, review legislation processes and regulations, provide immediate resolution for breach of contracts, manage procurement proposals, and communicate with potential and existing clients for any amendments and clarifications. A contract specialist must have excellent communication and negotiation skills and broad knowledge of legal terminologies and contract styles.
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 specialists and contract coordinators have different pay scales, as shown below.
| Contracts Specialist | Contract Coordinator | |
| Average salary | $63,727 | $43,318 |
| Salary range | Between $40,000 And $99,000 | Between $32,000 And $58,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | Delaware | Connecticut |
| Best paying company | AbbVie | |
| Best paying industry | Government | Finance |
There are a few differences between a contracts specialist and a contract coordinator in terms of educational background:
| Contracts Specialist | Contract Coordinator | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between contracts specialists' and contract coordinators' demographics:
| Contracts Specialist | Contract Coordinator | |
| Average age | 44 | 44 |
| Gender ratio | Male, 40.2% Female, 59.8% | 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% |