Contract Negotiation Manager Salary

With half of Contract Negotiation Managers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $51K to $124K per year and averages out to $85K annually. Including potential for bonuses and profit sharing — peaking near $15K and $5K, respectively — total cash payment to Contract Negotiation Managers can bottom out near $51K or peak near $124K depending on individual performance. The majority of Contract Negotiation Managers (60 percent) who took the survey are female. The majority of Contract Negotiation Managers claim high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The information for this snapshot was generated by responses to the PayScale salary survey.

$51,755 - $116,759

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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
$51,755 - $116,759  
   
Bonus
$0.38 - $15,101  
Profit Sharing
$-0.50 - $5,017  
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).
)
$50,688 - $123,854  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 171
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Job Description for Contract Negotiation Manager

A contract is a legally binding agreement between at least two parties. In essence, it is a list of expectations and rules which, once signed, all parties are obliged to meet. Though there are laws which govern some of what is allowed to be enforced by contract, a signatory is expected to know what they are signing before they do so and bargain for the most agreeable set of terms. For this, contract negotiation managers are employed.

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Contract Negotiation Manager Tasks

  • Draft, review and negotiate complex agreements.
  • Guide proposals through process.
  • Identify and mitigate risk issues.
  • Act as primary contact for negotiations.
  • Prepare detailed and complex drafting of contracts.

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Popular Skills for Contract Negotiation Manager


Contract Negotiation Managers note just a narrow range of job skills. Those who have experience with Contract Negotiation, Negotiation, and Contract Management can expect to be compensated well for these skills. Most people who know Contract Management also know Negotiation.

Pay by Experience Level for Contract Negotiation Manager

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


Experience is an important factor influencing the compensation of Contract Negotiation Managers. Respondents with less than five years' experience take home $66K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $86K. Contract Negotiation Managers with one to two decades of relevant experience report an average salary of approximately $91K. Survey participants who have worked for more than two decades report bringing in $108K on average.

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Experience Affects Contract Negotiation Manager Salaries

Late-Career
up arrow 24%


National Average
$87,000


Entry-Level
up arrow 24%

Skills That Affect Contract Negotiation Manager Salaries

Contract Negotiation
0%

Negotiation
0%

National Average
$87,000

Contract Management
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
35%
10-19 years
36%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 82%
vision benefits Vision: 71% employee benefits None: 7%
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