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The differences between senior contract analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an analyst has an average salary of $73,007, which is higher than the $60,645 average annual salary of a senior contract analyst.
The top three skills for a senior contract analyst include contract administration, SQL and analytical support. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Senior Contract Analyst | Analyst | |
| Yearly salary | $60,645 | $73,007 |
| Hourly rate | $29.16 | $35.10 |
| Growth rate | 9% | 11% |
| Number of jobs | 52,254 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | - | 4 |
A senior contract analyst is responsible for creating business agreements and contract negotiations, ensuring that the terms of service adhere to the business' requirements and interests. Senior contract analysts follow strict contractual regulations and legal policies to prevent contract disputes and discrepancies that may pose financial and reputational risks for the business. They should also be informed of the business services and client conditions to verify liabilities and obligations within the contract clauses. A senior contract analyst must have excellent communication and organizational skills, especially in writing expertise, to create and revise contract documents as needed.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Senior contract analysts and analysts have different pay scales, as shown below.
| Senior Contract Analyst | Analyst | |
| Average salary | $60,645 | $73,007 |
| Salary range | Between $44,000 And $82,000 | Between $53,000 And $99,000 |
| Highest paying City | Washington, DC | Jersey City, NJ |
| Highest paying state | Colorado | New Jersey |
| Best paying company | AARP | The Citadel |
| Best paying industry | Finance | Technology |
There are a few differences between a senior contract analyst and an analyst in terms of educational background:
| Senior Contract Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Northwestern University |
Here are the differences between senior contract analysts' and analysts' demographics:
| Senior Contract Analyst | Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 40.4% Female, 59.6% | Male, 52.4% Female, 47.6% |
| 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, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |