Entry-Level Contract Specialist Salary

Commissions comprise a big part of overall income for Entry-Level Contract Specialists. The median take-home amount in this area is around $51K, and on average, more than two-fifths of that final number comes from commissions. With some bonuses approaching $8K and certain profit sharing proceeds approaching $5K, overall incomes of Entry-Level Contract Specialists spread between $36K and $73K depending on individual performance. The company and the particular city each impact pay for this group, with the former having the largest influence. The majority of Entry-Level Contract Specialists (62 percent) who took the survey are female. Medical benefits are awarded to a large number, and a fair number earn dental coverage. The majority of Entry-Level Contract Specialists claim high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$38,626 - $73,358
$39K
$52K
$73K
MEDIAN: $52,262
10%
50%
90%

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$12.94 - $29.07
$13
$19
$29
MEDIAN: $19.09
10%
50%
90%

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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$25K$50K$75K
Salary
$38,626 - $73,358  
   
Bonus
$0.00 - $8,194  
Profit Sharing
$0.00 - $4,838  
Commission
$22,500  
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).
)
$35,638 - $72,656  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 840
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$15$30$45
Hourly Rate
$12.94 - $29.07  
   
Overtime
$18.86 - $44.23  
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$30K$60K$90K
Bonus
$0.00 - $8,194  
   
Commission
$22,500  
Profit Sharing
$0.00 - $4,838  
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).
)
$35,638 - $72,656  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 232

Find Out Exactly What You Should Be Paid

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Popular Employer Salaries for Contract Specialist


Although U.S. Air Force (USAF) leads the field in pay with a median salary of $61K, employees there receive a wide spread of salaries, from $35K on the low end all the way up to $77K at the top.

Pay Difference by Location

National Average: $50,597

Larger city markers indicate a job is popular in that location.

For those looking to make money, Entry-Level Contract Specialists in Houston enjoy an exceptional pay rate, 24 percent above the national average. Entry-Level Contract Specialists will also find cushy salaries in New York (+19 percent), Washington (+16 percent), San Diego (+15 percent), and Minneapolis (+15 percent). Nashville is home to the smallest salaries in the field, lagging the national average by 15 percent. Employers also pay below the national average in Dallas (4 percent lower) and San Antonio (3 percent lower).

Contract Specialist Advice

Q: What do you wish you knew about your job when you first started out?

Contract Specialist in Alexandria:
"Read, Learn, Ask Questions, Argue, Do."
Read the FAR and any supplement to it that your agency uses, learn to interpret and apply its content to your requirements, ask an expert, respectfully argue with the expert in order to find the truth, do it over and over until you are an expert at it and people will come to you for advice.

Key Stats for Contract Specialist

Gender

Female
62 %
Male
38 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 136 votes.
Less than 1 year
8%
1-4 years
75%
5-9 years
17%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Contract Specialist Salaries


Procurement
▲11%

Negotiation
▲10%


Legal Compliance
▲5%

Financial Analysis
▲4%

Customer Relationship Management (CRM)
▼0%

Proposal Writing
▼0%

National Average
$51,000

Legal Research
▼1%

Microsoft Office
▼2%


Legal Document Review
▼6%

Microsoft Excel
▼8%

Data Analysis
▼15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 136 votes.

Gender

Female
62 %
Male
38 %

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 78%
vision benefits
Vision: 68%
dental benefits
None: 11%
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