Contract Coordinator Salary
Median pay for Contract Coordinators in the United States lies in the neighborhood of $18.89 per hour. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Female Contract Coordinators make up most of the survey respondents at 73 percent. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. For the most part, Contract Coordinators enjoy their work and report high levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
|Salary||$34,206 - $64,918|
|Bonus||$0.00 - $6,182|
|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).)
|$31,201 - $61,195|
|Hourly Rate||$14.22 - $25.17|
|Overtime||$18.91 - $33.26|
|Bonus||$0.00 - $6,182|
|Total Pay (||$31,201 - $61,195|
Job Description for Contract Coordinator
Contract coordinators are in charge of organizational procedures related to planning, scheduling, and contracting duties for their company. They handle administrative tasks, as well as respond to internal and external correspondence following established company procedures. These coordinators must follow strict privacy policies in their duties, as they handle confidential materials on a regular basis. They monitor contract milestones and other billing activities to create detailed reports for portfolio records at specified time intervals.Read More...
One of the contract coordinator's main responsibilities includes scheduling conferences, meetings, and appointments. They research transactional history, provide supply chain support, and participate in project management duties such as process improvement and training sessions. Contract coordinators also manage transactional aspects of the orders and invoicing department. They use a personal computer as one of their main tools to coordinate key tasks among staff members and report their progress to the contract supervisor in their department.
A high school diploma or equivalent is generally required for this job. In addition, previous experience in a similar position may be preferred. Contract coordinators should be proficient with basic computer software such as word processing and spreadsheet applications. They must possess strong analytical skills, be organized, and pay strong attention to detail. They should work well with other coordinators to reach all organizational goals, as well as on their own with minimal supervision.
Contract Coordinator Tasks
- Manage existing contracts, ensuring that money, services and goods are received on time.
- Modify, update, and maintain contracts and associated documentation, processing, and communicating changes.
- Participate in ordering, data control, and collection of metrics.
- Produce quotes and estimates for potential new contracts.
Popular Skills for Contract Coordinator
Contract Coordinators typically list a handful of skills they use on the job. Those who have experience with Contract Negotiation, Contract Management, and Microsoft Excel can expect to be compensated well for these skills. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel. Most people skilled in Contract Management are similarly competent in Microsoft Excel.
Pay by Experience Level for Contract Coordinator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience does not seem to be a strong driver of pay increase in this role. People who have worked for fewer than five years bring home $42K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $46K. Contract Coordinators who work for 10 to 20 years in their occupation tend to earn about $49K. Contract Coordinators who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $58K.
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Key Stats for Contract Coordinator
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