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The differences between senior contract specialists and pricing specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a pricing specialist has an average salary of $73,472, 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 pricing specialist are powerpoint, work ethic, and pricing strategy.
| Senior Contract Specialist | Pricing Specialist | |
| Yearly salary | $64,744 | $73,472 |
| Hourly rate | $31.13 | $35.32 |
| Growth rate | - | 19% |
| Number of jobs | 29,641 | 58,317 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 60% |
| 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 pricing specialist is responsible for determining the appropriate pricing and value of the company's goods and services by analyzing the market trends and performing data and statistical analysis. Pricing specialists manage the pricing policies of an organization adhering to the business requirements and state regulations. They adjust pricing strategies according to public and market demands and coordinate with the marketing and sales team to inform and disseminate pricing adjustments to the customers and clients.
Senior contract specialists and pricing specialists have different pay scales, as shown below.
| Senior Contract Specialist | Pricing Specialist | |
| Average salary | $64,744 | $73,472 |
| Salary range | Between $42,000 And $98,000 | Between $48,000 And $111,000 |
| Highest paying City | Washington, DC | Reno, NV |
| Highest paying state | California | Connecticut |
| Best paying company | Brookhaven National Laboratory | Nokia |
| Best paying industry | Government | Finance |
There are a few differences between a senior contract specialist and a pricing specialist in terms of educational background:
| Senior Contract Specialist | Pricing Specialist | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between senior contract specialists' and pricing specialists' demographics:
| Senior Contract Specialist | Pricing Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 43.6% Female, 56.4% | Male, 36.8% Female, 63.2% |
| 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% |