Bid Manager Salary

An average Bid Manager in the United States can expect to take home roughly $67K per year. For the most part, Bid Managers enjoy their work and report high levels of job satisfaction. A large number enjoy medical while more than half get dental coverage. Vision coverage is also available to the greater part. Women make up a slight majority of Bid Managers (57 percent) survey respondents. This report is based on responses to the PayScale salary survey.

$35,180 - $108,413
(Median)
$35K
$67K
$110K
MEDIAN: $67,076
10%
50%
90%

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$13.70 - $20.43
(Median)
$14
$16
$20
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$35,180 - $108,413  
   
Bonus
$0.00 - $20,542  
Commission
$3,250 - $11,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,408 - $124,596  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 150
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$13.70 - $20.43  
   
Overtime
$21.73 - $27.50  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $20,542  
   
Commission
$3,250 - $11,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,408 - $124,596  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 16
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Job Description for Bid Manager

A bid manager oversees the process of bidding on contracts, from initial development and structuring to placing the bid to follow-up. They typically oversee a team that gathers the necessary information, performs cost analysis, and completes other tasks that are necessary to create an accurate and successful bid. Additionally, the bid manager is responsible for reporting the status of bids to executive management. An average day for a bid manager involves assessing the status of bids in progress, checking in with colleagues and department team members, reporting to direct supervisors, performing research, and refining bid data to present a polished bid. The job takes place primarily indoors, though in some cases travel and on-site inspection may be necessary for the manager to gather additional information for project completion.

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Bid Manager Tasks

  • Manage the bid budget.
  • Manage large bids.
  • Ensure review of the bid process and contract.
  • Monitor progress and resolve issues that arise.

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Pay by Experience Level for Bid Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Survey participants with less than five years' experience pocket $51K on average, but those with five to 10 years of experience enjoy a much bigger median of $70K. On average, Bid Managers make $81K following one to two decades on the job. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $79K.

Related Job Salaries

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Experience Affects Bid Manager Salaries

Experienced
up arrow 23%

Late-Career
up arrow 20%

Mid-Career
up arrow 8%

National Average
$65,000

Entry-Level
up arrow 22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
1%
1-4 years
25%
5-9 years
35%
10-19 years
29%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 69%
vision benefits Vision: 58% employee benefits None: 14%
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