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The differences between senior contract specialists and contract analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior contract specialist has an average salary of $64,744, which is higher than the $54,544 average annual salary of a contract analyst.
The top three skills for a senior contract specialist include contract management, contract terms and federal government. The most important skills for a contract analyst are customer service, contract management, and contract terms.
| Senior Contract Specialist | Contract Analyst | |
| Yearly salary | $64,744 | $54,544 |
| Hourly rate | $31.13 | $26.22 |
| Growth rate | - | 9% |
| Number of jobs | 29,641 | 58,593 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 67% |
| Average age | 44 | 40 |
| Years of experience | - | 4 |
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 contract analyst is primarily in charge of thoroughly reviewing contract terms and conditions, negotiating and addressing changes on behalf of a company or an individual, and avoiding financial disadvantages or any disputes. They are responsible for consulting with clients, analyzing clauses and liabilities, recommending amendments, documenting all transactions, and monitoring every change in the contract. Furthermore, there are instances when a contract analyst must coordinate with all department officers, advising them of any significant changes that the contracts might bring.
Senior contract specialists and contract analysts have different pay scales, as shown below.
| Senior Contract Specialist | Contract Analyst | |
| Average salary | $64,744 | $54,544 |
| Salary range | Between $42,000 And $98,000 | Between $39,000 And $74,000 |
| Highest paying City | Washington, DC | Jersey City, NJ |
| Highest paying state | California | New Jersey |
| Best paying company | Brookhaven National Laboratory | AstraZeneca |
| Best paying industry | Government | Pharmaceutical |
There are a few differences between a senior contract specialist and a contract analyst in terms of educational background:
| Senior Contract Specialist | Contract Analyst | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Pennsylvania |
Here are the differences between senior contract specialists' and contract analysts' demographics:
| Senior Contract Specialist | Contract Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 43.6% Female, 56.4% | Male, 41.2% Female, 58.8% |
| 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 11% | 7% |