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The differences between senior advisors and contracts specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior advisor has an average salary of $119,558, which is higher than the $63,727 average annual salary of a contracts specialist.
The top three skills for a senior advisor include healthcare, project management and risk management. The most important skills for a contracts specialist are veterans, DOD, and contract administration.
| Senior Advisor | Contracts Specialist | |
| Yearly salary | $119,558 | $63,727 |
| Hourly rate | $57.48 | $30.64 |
| Growth rate | 10% | -6% |
| Number of jobs | 45,673 | 27,244 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 62% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A senior advisor's responsibilities will vary on the type of industry where one is involved. However, most of it will revolve around sharing extensive expertise and knowledge that is vital in a company's decision-making processes. A senior advisor must also conduct research and analysis, inspect issues, implement policies, and devise strategies that will benefit the company. Furthermore, as a senior advisor, they may have the task of mentoring less experienced professionals in their joint effort to bring more profit and significant results to the company.
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.
Senior advisors and contracts specialists have different pay scales, as shown below.
| Senior Advisor | Contracts Specialist | |
| Average salary | $119,558 | $63,727 |
| Salary range | Between $87,000 And $162,000 | Between $40,000 And $99,000 |
| Highest paying City | Richmond, CA | Washington, DC |
| Highest paying state | California | Delaware |
| Best paying company | Kirkland & Ellis | |
| Best paying industry | Professional | Government |
There are a few differences between a senior advisor and a contracts specialist in terms of educational background:
| Senior Advisor | Contracts Specialist | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between senior advisors' and contracts specialists' demographics:
| Senior Advisor | Contracts Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 68.2% Female, 31.8% | Male, 40.2% Female, 59.8% |
| 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% |