Commissions constitute a big slice (nearly one-third on average) of overall compensation for Entry-Level Contract Specialists, and the median take-home for this group lies near $50K. Total incomes of Entry-Level Contract Specialists incorporate potential for, in a few cases, more than $8K from bonuses and close to $5K from profit sharing; these performance components cause packages to range between $35K and $73K. Geography is the biggest factor affecting pay for this group, followed by the specific employer. For the most part, Entry-Level Contract Specialists enjoy their work and report high levels of job satisfaction. The majority of Entry-Level Contract Specialists (63 percent) who took the survey are women. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$38,556 - $73,714
(Median)
$39K
$52K
$74K
MEDIAN: $52,189
10%
50%
90%

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$12.82 - $29.27
(Median)
$13
$19
$29
MEDIAN: $19.00
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
$38,556 - $73,714  
   
Bonus
$0.00 - $8,136  
Profit Sharing
$0.00 - $4,718  
Commission
$16,500  
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).
)
$35,464 - $73,057  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 796
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
$12.82 - $29.27  
   
Overtime
$18.30 - $43.86  
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 - $8,136  
   
Commission
$16,500  
Profit Sharing
$0.00 - $4,718  
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).
)
$35,464 - $73,057  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 222
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Popular Employer Salaries for Contract Specialist


Entry-Level Contract Specialists seeking a sizable paycheck can earn the most at U.S. Air Force (USAF), where the median salary comes to $61K, though the large pay difference between employees at the top ($35K) and those starting out ($77K) creates a rather diverse pay scale.

Pay Difference by Location

National Average: $50,387

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

Entry-Level Contract Specialists will find that Houston offers an impressive pay rate, one which exceeds the national average by 36 percent. Entry-Level Contract Specialists can also look forward to large paychecks in cities like Minneapolis (+15 percent), New York (+15 percent), Boston (+14 percent), and San Diego (+12 percent). One of the biggest compensable factors for Entry-Level Contract Specialists is geography, with workers in Phoenix earning a whopping 21 percent below the national average. Two other places where employers offer below-median salaries are Nashville (16 percent less) and Chicago (4 percent less).

Contract Specialist Advice

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.

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Skills That Affect Contract Specialist Salaries


Procurement
up arrow 11%

Negotiation
up arrow 9%


Financial Analysis
up arrow 5%

Legal Compliance
up arrow 5%

Customer Relationship Management (CRM)
up arrow 1%

Proposal Writing
up arrow 1%

National Average
$50,000

Microsoft Office
up arrow 1%

Customer Service
up arrow 3%

Legal Research
up arrow 5%

Microsoft Excel
up arrow 9%

Legal Document Review
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 128 votes.

Gender

Female
63 %
Male
37 %

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
medical benefits
Vision: 68%
dental benefits
None: 11%
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