Contracts Director Salary

Wages for Contracts Directors in the United States are generous, with average pay above six figures ($118K) per year. In the world of Contracts Directors, total cash compensation can vary between $68K and $178K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $34K and $24K, respectively. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Job satisfaction for Contracts Directors is high. Women Contracts Directors who took the survey just slightly outnumber men.

$68,496 - $160,093

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$19.26 - $123.29

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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
$68,496 - $160,093  
   
Bonus
$0.00 - $34,321  
Profit Sharing
$-0.50 - $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).
)
$67,956 - $177,814  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 382
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
$19.26 - $123.29  
   
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 - $34,321  
   
Profit Sharing
$-0.50 - $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).
)
$67,956 - $177,814  
Country: United States | Currency: USD | Updated: 18 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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Contracts Directors typically list a handful of skills they use on the job. Most notably, facility with Legal Research, Legal Compliance, and Contract Negotiation are correlated to pay that is significantly above average, leading to increases of 38 percent, 11 percent, and 5 percent, respectively. Skills that pay less than market rate include Contract Management. Those with knowledge of Contract Management tend to be skilled in Contract Negotiation as well.

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 $65K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $99K. Between one and two decades on the job, average salaries pass the six-figure mark at around $131K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income 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
$125,000

Mid-Career
up arrow 21%

Entry-Level
up arrow 47%

Skills That Affect Contracts Director Salaries

Legal Research
up arrow 38%

Legal Compliance
up arrow 11%


National Average
$125,000

Contract Management
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 81 votes.

Gender

Female
56 %
Male
44 %

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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