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Entry-Level Contract Specialist Salary

Entry-Level Contract Specialists take home an average $54K annually. With some bonuses approaching $8K and certain profit sharing proceeds approaching $5K, overall incomes of Entry-Level Contract Specialists spread between $35K and $77K depending on individual performance. Women make up a slight majority of Entry-Level Contract Specialists (58 percent) survey respondents. Job satisfaction for Entry-Level Contract Specialists is high. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. The figures in this rundown are based on the results of PayScale's salary questionnaire.
$38,405 - $76,562
(Median)
38K
54K
65K
77K
MEDIAN: $53,978
10%
50%
75%
90%

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$13.36 - $29.66
(Median)
13
16
19
25
30
MEDIAN: $19.00
10%
25%
50%
75%
90%

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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Salary
$38,405 - $76,562  
   
Bonus
$0.00 - $7,528  
Profit Sharing
$762 - $5,006  
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).
)
$35,471 - $77,272  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 981
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$15$30$45
Hourly Rate
$13.36 - $29.66  
   
Overtime
$19.02 - $44.61  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30K$60K$90K
Bonus
$0.00 - $7,528  
   
Profit Sharing
$762 - $5,006  
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).
)
$35,471 - $77,272  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 212
United States (change)

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Pay Difference by Location


Surpassing the national average by 21 percent, Entry-Level Contract Specialists in Houston receive some of the highest pay in the country. Entry-Level Contract Specialists can also look forward to large paychecks in cities like Washington (+19 percent), Honolulu (+9 percent), Atlanta (+6 percent), and Chicago (+6 percent). Compared to the national average, San Antonio Entry-Level Contract Specialists have considerably lower salaries, 24 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Below-median salaries also turn up in Raleigh and Minneapolis (11 percent lower and 9 percent lower, respectively).

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.

Skills That Affect Entry-Level Contract Specialist Salaries

Negotiation
up arrow 23%


Proposal Writing
up arrow 9%


Financial Analysis
up arrow 7%

Customer Relationship Management (CRM)
up arrow 5%

National Average
$53,000

Customer Service
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 300 votes.

Gender

Female
58 %
Male
42 %

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 78%
vision benefits Vision: 66% employee benefits None: 10%