Contracts Director Salary

On average, Contracts Directors in the United States earn six-figure salaries ($119K) annually, making for a very well-paid profession. Overall cash earnings for Contracts Directors stretch from $68K on the lower end to $179K near the top, and the heftiest packages can encompass around $35K from bonuses and $24K from profit sharing. Career duration is the biggest factor affecting pay for this group, followed by geography. Women make up a slight majority of Contracts Directors (55 percent) survey respondents. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Work is enjoyable for Contracts Directors, who typically claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$68,357 - $161,043
(Median)
$68K
$120K
$160K
MEDIAN: $118,737
10%
50%
90%

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$19.26 - $123.29
(Median)
$19
$31
$120
MEDIAN: $31.00
10%
50%
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$60K$120K$180K
Salary
$68,357 - $161,043  
   
Bonus
$0.00 - $34,676  
Profit Sharing
$-0.50 - $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).
)
$67,848 - $179,394  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 380
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$50$100$150
Hourly Rate
$19.26 - $123.29  
   
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$100K$200K$300K
Bonus
$0.00 - $34,676  
   
Profit Sharing
$-0.50 - $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).
)
$67,848 - $179,394  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 11
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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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Survey takers who work as Contracts Directors typically report just a few professional skills. Most notably, facility with Legal Research, Legal Compliance, and Contract Negotiation are correlated to pay that is significantly above average, leading to increases of 37 percent, 10 percent, and 5 percent, respectively. Skills that seem to negatively impact pay include Contract Management. Contract Negotiation is a skill commonly found among those who know Contract Management.

Pay by Experience Level for Contracts Director

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


Contracts Directors generally obtain higher compensation for more plentiful past experience. The average beginner in this position makes around $65K, but folks who have been around for five to 10 years see a markedly higher median salary of $99K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $132K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $144K.

Related Job Salaries

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Experience Affects Contracts Director Salaries

Late-Career
up arrow 15%

Experienced
up arrow 5%

National Average
$126,000

Mid-Career
up arrow 21%

Entry-Level
up arrow 48%

Skills That Affect Contracts Director Salaries

Legal Research
up arrow 37%

Legal Compliance
up arrow 10%


National Average
$126,000

Contract Management
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 82 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

1-4 years
5%
5-9 years
14%
10-19 years
45%
20 years or more
35%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 85%
vision benefits Vision: 74% employee benefits None: 7%
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