Bid Manager Salary

An average Bid Manager in the United States can expect to take home roughly $67K per year. Medical benefits are awarded to a large number, and more than half earn dental coverage. Job satisfaction for Bid Managers is high. Women Bid Managers who took the survey just slightly outnumber men. The data for this synopsis comes from respondents who took the PayScale salary survey.

$35,182 - $107,862

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$13.70 - $20.43

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$35,182 - $107,862  
   
Bonus
$0.00 - $20,473  
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).
)
$33,559 - $123,899  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 154
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$13.70 - $20.43  
   
Overtime
$21.73 - $27.50  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $20,473  
   
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).
)
$33,559 - $123,899  
Country: United States | Currency: USD | Updated: 18 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.


Relatively untried employees who have less than five years' experience make $53K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $72K. 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.

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Experience Affects Bid Manager Salaries

Experienced
up arrow 24%

Late-Career
up arrow 20%

Mid-Career
up arrow 10%

National Average
$66,000

Entry-Level
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
2%
1-4 years
25%
5-9 years
36%
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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