Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior contract analysts and contractor/consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contractor/consultant has an average salary of $84,811, 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 a contractor/consultant are healthcare, post implementation, and data analysis.
| Senior Contract Analyst | Contractor/Consultant | |
| Yearly salary | $60,645 | $84,811 |
| Hourly rate | $29.16 | $40.77 |
| Growth rate | 9% | 11% |
| Number of jobs | 52,254 | 64,573 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Average age | 44 | 44 |
| Years of experience | - | - |
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.
A contractor is a self-employed businessperson who agrees to work for a fixed price. His/her job involves the evaluation of clients' needs and actual performance of work. On the other hand, a consultant is a skilled independent businessperson who provides expert teaching and training in a specific market by assisting existing staff for the improvement of operations, problem-solving, and development of strategies. His/her role is to assess clients' needs and provide expert advice and opinion. However, both individuals are not employees, since they came from outside of the organization to perform such services.
Senior contract analysts and contractor/consultants have different pay scales, as shown below.
| Senior Contract Analyst | Contractor/Consultant | |
| Average salary | $60,645 | $84,811 |
| Salary range | Between $44,000 And $82,000 | Between $58,000 And $123,000 |
| Highest paying City | Washington, DC | Boston, MA |
| Highest paying state | Colorado | New Jersey |
| Best paying company | AARP | Cerner |
| Best paying industry | Finance | Technology |
There are a few differences between a senior contract analyst and a contractor/consultant in terms of educational background:
| Senior Contract Analyst | Contractor/Consultant | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between senior contract analysts' and contractor/consultants' demographics:
| Senior Contract Analyst | Contractor/Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 40.4% Female, 59.6% | Male, 66.2% Female, 33.8% |
| 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% |