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The differences between grants administrators and procurement agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a grants administrator and a procurement agent. Additionally, a procurement agent has an average salary of $72,384, which is higher than the $49,206 average annual salary of a grants administrator.
The top three skills for a grants administrator include grants management, financial reports and pre-award. The most important skills for a procurement agent are supply chain, strategic sourcing, and supplier performance.
| Grants Administrator | Procurement Agent | |
| Yearly salary | $49,206 | $72,384 |
| Hourly rate | $23.66 | $34.80 |
| Growth rate | 6% | 11% |
| Number of jobs | 60,227 | 45,198 |
| Job satisfaction | - | 2 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 69% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A grants administrator is responsible for approving financial and administrative assistance to employees and the organization provided that they submit the required documents and application for project development and processes. Grants administrators determine the eligibility of programs to calculate payments, generate financial reports and transactions, and coordinate with the management team for project implementation. They also follow strict procedures and protocols to ensure that the budget adheres to internal guidelines and requirements. A grants administrator must have excellent communication and analytical skills to review proposals and legal documents.
A procurement agent develops profitable measures to save the client money and ensure the quality of goods supplied. Procurement agents obtain the purchased items through suppliers, monitor them, and expedite the orders. They oversee the activities and performance of the suppliers for compliance. Their duties include the verification of item receipts, resolving shipment-related problems, and authorizing purchase payments through documentation. The necessary skills for this job include being accomplished, decisive, and strong communication skills.
Grants administrators and procurement agents have different pay scales, as shown below.
| Grants Administrator | Procurement Agent | |
| Average salary | $49,206 | $72,384 |
| Salary range | Between $38,000 And $62,000 | Between $49,000 And $106,000 |
| Highest paying City | New Brunswick, NJ | Richmond, CA |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Children's Hospital Colorado | McKinsey & Company Inc |
| Best paying industry | Health Care | Technology |
There are a few differences between a grants administrator and a procurement agent in terms of educational background:
| Grants Administrator | Procurement Agent | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between grants administrators' and procurement agents' demographics:
| Grants Administrator | Procurement Agent | |
| Average age | 48 | 48 |
| Gender ratio | Male, 28.2% Female, 71.8% | Male, 51.4% Female, 48.6% |
| Race ratio | Black or African American, 9.0% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 7.7% White, 65.8% American Indian and Alaska Native, 0.8% | Black or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.6% White, 66.2% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |