Contracts Director Salary

Six-figure salaries are the norm for Contracts Directors in the United States, with median pay hovering around $119K per year. Total cash earnings of Contracts Directors range from $71K on the low end to $181K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $35K and $24K, respectively. Experience level and the particular city each impact pay for this group, with the former having the largest influence. A large number get medical and dental insurance, and a fair number get vision plans, too. The majority of workers are highly satisfied with their job. Women Contracts Directors who took the survey just slightly outnumber men. The data in this summary comes from the PayScale salary survey.

$70,545 - $160,595
(Median)
$71K
$120K
$160K
MEDIAN: $118,832
10%
50%
90%

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$25.17 - $124.16
(Median)
$25
$36
$120
MEDIAN: $35.00
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$70K$140K$210K
Salary
$70,545 - $160,595  
   
Bonus
$0.00 - $35,214  
Profit Sharing
$75.50 - $24,468  
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).
)
$70,924 - $180,799  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 348
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
$25.17 - $124.16  
   
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 - $35,214  
   
Profit Sharing
$75.50 - $24,468  
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).
)
$70,924 - $180,799  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 10

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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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Contracts Directors usually report a few specific 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 4 percent, respectively. Skills that seem to negatively impact pay include Contract Management. 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.


For many Contracts Directors, more experience generally translates to higher pay. The average worker who claims fewer than five years of experience earns around $67K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $97K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $131K. Contracts Directors with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $144K.

Related Job Salaries

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Experience Affects Contracts Director Salaries

Late-Career
up arrow 14%

Experienced
up arrow 4%

National Average
$126,000

Mid-Career
up arrow 23%

Entry-Level
up arrow 47%

Skills That Affect Contracts Director Salaries

Legal Research
up arrow 37%

Legal Compliance
up arrow 10%

Contract Negotiation
up arrow 4%

National Average
$126,000

Contract Management
up arrow 4%

Job Satisfaction

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

Gender

Female
53 %
Male
47 %

Years of Experience

1-4 years
4%
5-9 years
14%
10-19 years
46%
20 years or more
36%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 86%
vision benefits Vision: 75% employee benefits None: 8%