Bid Manager Salary

Pay for Bid Managers in the United States sits in the ballpark of $67K annually. Medical benefits are awarded to most, and the larger part earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 58 percent. The numbers in this rundown were provided by PayScale's salary survey participants.

$34,989 - $108,413
(Median)
$35K
$67K
$110K
MEDIAN: $66,779
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
$34,989 - $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).
)
$33,406 - $124,596  
Country: United States | Currency: USD | Updated: 2 Jul 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).
)
$33,406 - $124,596  
Country: United States | Currency: USD | Updated: 2 Jul 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.


Respondents with less than five years' experience take home $51K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $70K. Bid Managers with one to two decades of relevant experience report an average salary of approximately $81K. For some reason, Bid Managers with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $79K.

Related Job Salaries

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Experience Affects Bid Manager Salaries

Experienced
up arrow 25%

Late-Career
up arrow 21%

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
58 %
Male
42 %

Years of Experience

Less than 1 year
2%
1-4 years
25%
5-9 years
35%
10-19 years
28%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 69%
vision benefits Vision: 58% employee benefits None: 14%
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