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Bid Manager Salary

Bid Managers in the United States take home an average $66K annually. Most enjoy medical while the larger part get dental coverage. Vision coverage is also available to a majority. Most Bid Managers like their work and job satisfaction is high. More than half of Bid Managers (61 percent) survey participants are women. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$34,832 - $108,306
(Median)
$35K
$66K
$110K
MEDIAN: $66,048
10%
50%
90%

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$14.42 - $19.49
(Median)
$14
$16
$19
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
$34,832 - $108,306  
   
Bonus
$0.00 - $19,978  
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).
)
$33,366 - $122,340  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 141
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
$14.42 - $19.49  
   
Overtime
$21.59 - $25.50  
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 - $19,978  
   
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).
)
$33,366 - $122,340  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 14

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United States (change)


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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.

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.


Bid Managers with a lot of experience do not necessarily enjoy more money. Those in the early stages of their career can expect to make around $50K; however, individuals with five to 10 years of experience bring in $70K on average — a distinctly larger sum. Bid Managers claiming one to two decades of experience make an estimated median of $72K. Bid Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $73K on average.

Related Job Salaries

United States (change)

Experience Affects Bid Manager Salaries

Experienced
up arrow 12%

Late-Career
up arrow 12%

Mid-Career
up arrow 9%

National Average
$65,000

Entry-Level
up arrow 22%

Job Satisfaction

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

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
1%
1-4 years
26%
5-9 years
35%
10-19 years
26%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 70%
vision benefits Vision: 58% employee benefits None: 15%
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