Contracts Director Salary

Contracts Directors in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $116K) surpassing six figures annually. Including potential for bonuses and profit sharing — peaking near $31K and $24K, respectively — total cash payment to Contracts Directors can bottom out near $68K or peak near $177K depending on individual performance. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Women Contracts Directors who took the survey just slightly outnumber men. A large number enjoy medical while most get dental coverage. Vision coverage is also available to a fair number. The majority of workers are highly satisfied with their job. The data in this summary comes from the PayScale salary survey.

$69,385 - $160,708
(Median)
$69K
$120K
$160K
MEDIAN: $116,081
10%
50%
90%

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$14.95 - $121.20
(Median)
$15
$30
$120
MEDIAN: $29.00
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$60K$120K$180K
Salary
$69,385 - $160,708  
   
Bonus
$0.00 - $31,094  
Profit Sharing
$0.00 - $24,361  
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).
)
$68,103 - $177,180  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 401
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$50$100$150
Hourly Rate
$14.95 - $121.20  
   
Overtime
$22.50  
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$100K$200K$300K
Bonus
$0.00 - $31,094  
   
Profit Sharing
$0.00 - $24,361  
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).
)
$68,103 - $177,180  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 13
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Job Description for Contracts Director

Contract directors are in charge of negotiating, maintaining, and updating commercial contracts. They must establish contacts with outside businesses and develop contracts that meet the financial and professional goals of the business. They must develop and maintain multiple contracts at a time with local, national, and international businesses. Additionally, contract managers must develop internal policies and procedures for contract development and maintenance, and note areas for improvement. They must be knowledgeable regarding legal and ethical rules and regulations regarding contracts. Contract directors review contracts for completeness before final approval and signing, and they must adhere to all local, state, and federal regulations.

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Contracts Director Tasks

  • Ensure that contracts are in compliance with laws and organizational policies.
  • Oversee maintenance and compliance with existing contracts.
  • Negotiate contracts and proposals with internal teams and customers.
  • Resolve risks, problems, and non-compliance issues.

Contracts Director Job Listings

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Popular Skills for Contracts Director


Contracts Directors only report a few specific skills. Most notably, facility with Legal Research, Contract Negotiation, and Legal Compliance are correlated to pay that is significantly above average, leading to increases of 42 percent, 7 percent, and 6 percent, respectively. Experience with Contract Management is often linked with knowledge of Contract Negotiation.

Pay by Experience Level for Contracts Director

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


Experience seems to be a major factor in determining the incomes of Contracts Directors. Relatively untried employees who have less than five years' experience make $66K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $98K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $128K. More than 20 years of experience mean a somewhat bigger median paycheck of $142K, but it's not much more than what less experienced people make.

Related Job Salaries

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Experience Affects Contracts Director Salaries

Late-Career
up arrow 17%

Experienced
up arrow 6%

National Average
$121,000

Mid-Career
up arrow 19%

Entry-Level
up arrow 46%

Skills That Affect Contracts Director Salaries

Legal Research
up arrow 42%


Legal Compliance
up arrow 6%

National Average
$121,000

Contract Management
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 67 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

1-4 years
6%
5-9 years
16%
10-19 years
45%
20 years or more
34%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 84%
medical benefits
Vision: 73%
dental benefits
None: 9%
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