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The differences between senior contract specialists and business specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business specialist has an average salary of $73,521, which is higher than the $64,744 average annual salary of a senior contract specialist.
The top three skills for a senior contract specialist include contract management, contract terms and federal government. The most important skills for a business specialist are patients, customer service, and product knowledge.
| Senior Contract Specialist | Business Specialist | |
| Yearly salary | $64,744 | $73,521 |
| Hourly rate | $31.13 | $35.35 |
| Growth rate | - | 4% |
| Number of jobs | 29,641 | 95,909 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 65% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A senior contract specialist is responsible for reviewing business contracts and proposals, evaluating terms and conditions, and ensuring that the agreement adheres to business requirements and legislation procedures. Senior contract specialists may modify business documents to improve specifications and obligations, as well as determining the accuracy of financial provisions and feasibility. They must have an excellent understanding of the services that the company offers to identify the correct processes and formulate necessary adjustments for the contract before the final submission.
A business specialist's role is to perform research and analysis to determine the company's strengths and weaknesses, aiming to improve and develop areas for optimal performance. Their responsibilities revolve around coordinating with different departments to gather relevant data, identifying new opportunities and ways to meet clients' needs, devising strategies and programs for profit growth, and developing new processes for business efficiency. Furthermore, it is essential to provide corrective measures on various issues and concerns, all while implementing the company's policies and regulations.
Senior contract specialists and business specialists have different pay scales, as shown below.
| Senior Contract Specialist | Business Specialist | |
| Average salary | $64,744 | $73,521 |
| Salary range | Between $42,000 And $98,000 | Between $44,000 And $120,000 |
| Highest paying City | Washington, DC | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | Brookhaven National Laboratory | BP America Inc |
| Best paying industry | Government | - |
There are a few differences between a senior contract specialist and a business specialist in terms of educational background:
| Senior Contract Specialist | Business Specialist | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between senior contract specialists' and business specialists' demographics:
| Senior Contract Specialist | Business Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 43.6% Female, 56.4% | Male, 48.1% Female, 51.9% |
| 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% |