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The differences between junior buyers/buyers and contracts administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a junior buyer/buyer and a contracts administrator. Additionally, a contracts administrator has an average salary of $52,876, which is higher than the $52,374 average annual salary of a junior buyer/buyer.
The top three skills for a junior buyer/buyer include purchase orders, MRP and ERP. The most important skills for a contracts administrator are contract administration, customer service, and contract management.
| Junior Buyer/Buyer | Contracts Administrator | |
| Yearly salary | $52,374 | $52,876 |
| Hourly rate | $25.18 | $25.42 |
| Growth rate | - | -6% |
| Number of jobs | 22,370 | 58,038 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 61% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A junior buyer/buyer is in charge of purchasing supplies in adherence to company goals. Their responsibilities typically revolve around participating in meetings that discuss the kinds of products to procure, performing research and analysis to find the ideal vendors or suppliers, liaising and negotiating with external parties, maintaining invoices and records of all transactions, and producing progress reports. Furthermore, it is essential to monitor the shipment and deliveries of supplies, ensuring accuracy and timeliness. Should there be any problems, it is necessary to coordinate with vendors right away.
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.
Junior buyers/buyers and contracts administrators have different pay scales, as shown below.
| Junior Buyer/Buyer | Contracts Administrator | |
| Average salary | $52,374 | $52,876 |
| Salary range | Between $39,000 And $69,000 | Between $35,000 And $78,000 |
| Highest paying City | Jersey City, NJ | Washington, DC |
| Highest paying state | New Jersey | Maryland |
| Best paying company | Astronics | Ngam Advisors, L.P. |
| Best paying industry | Finance | Finance |
There are a few differences between a junior buyer/buyer and a contracts administrator in terms of educational background:
| Junior Buyer/Buyer | Contracts Administrator | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between junior buyers/buyers' and contracts administrators' demographics:
| Junior Buyer/Buyer | Contracts Administrator | |
| Average age | 48 | 48 |
| Gender ratio | Male, 29.8% Female, 70.2% | Male, 32.2% Female, 67.8% |
| Race ratio | Black or African American, 9.0% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.7% American Indian and Alaska Native, 0.8% | 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% |
| LGBT Percentage | 7% | 7% |