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Bid Manager Salary

Median pay for Bid Managers in the United States is around $66K per year. Job satisfaction for Bid Managers is high. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Women make up a slight majority of Bid Managers (57 percent) survey respondents. This report is based on answers to PayScale's salary questionnaire.
$35,340 - $102,116
(Median)
35K
51K
66K
84K
100K
MEDIAN: $65,772
10%
25%
50%
75%
90%

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$14.76 - $18.96
(Median)
15
18
MEDIAN: $15.00
10%
75%

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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
$35,340 - $102,116  
   
Bonus
$0.00 - $19,893  
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).
)
$34,298 - $110,412  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 137
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
$14.76 - $18.96  
   
Overtime
$22.06 - $25.94  
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 - $19,893  
   
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).
)
$34,298 - $110,412  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 12
United States (change)

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.

Bid Manager Job Listings

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Pay by Experience Level for Bid Manager

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


Workers in their first five years can expect to earn $51K, but people who have been around for five to 10 years earn a noticeably bigger sum of $70K. After working for 10 to 20 years, Bid Managers make a median salary of $73K. Bid Managers who claim more than two decades of experience actually make somewhat smaller average paychecks of $65K.

Related Job Salaries

Experience Affects Bid Manager Salaries

Experienced
up arrow 13%

Mid-Career
up arrow 8%

Late-Career
up arrow 1%

National Average
$65,000

Entry-Level
up arrow 21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
1%
1-4 years
26%
5-9 years
35%
10-19 years
27%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 73%
vision benefits Vision: 61% employee benefits None: 14%