Contracts Director Salary

Six-figure salaries are the norm for Contracts Directors in the United States, with median pay hovering around $118K per year. In the world of Contracts Directors, overall cash allowance can occasionally include more than $35K from bonuses and, in some exceptional cases, $24K from profit sharing, causing incomes to vary widely between $68K and $179K. Career length and the particular city each impact pay for this group, with the former having the largest influence. For the most part, Contracts Directors enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to almost all, and a large number earn dental coverage. Women Contracts Directors who took the survey just slightly outnumber men.

$68,357 - $160,769
(Median)
$68K
$120K
$160K
MEDIAN: $118,466
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$60K$120K$180K
Salary
$68,357 - $160,769  
   
Bonus
$0.00 - $34,625  
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).
)
$68,348 - $179,468  
Country: United States | Currency: USD | Updated: 20 Jun 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
$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 - $34,625  
   
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).
)
$68,348 - $179,468  
Country: United States | Currency: USD | Updated: 20 Jun 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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Typical Contracts Directors report a focused set of job 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 38 percent, 10 percent, and 5 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Contract Management. Aptitude in Contract Management tends to also indicate an understanding of Contract Negotiation.

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. Salaries of relatively inexperienced workers fall in the neighborhood of $66K, but folks who have racked up five to 10 years see a notably higher median of $100K. Between 10 and 20 years, pay surpasses six figures; at this stage, the average professional scores around $132K. Contracts Directors who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $144K on average.

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 20%

Entry-Level
up arrow 48%

Skills That Affect Contracts Director Salaries

Legal Research
up arrow 38%

Legal Compliance
up arrow 10%


National Average
$125,000

Contract Management
up arrow 4%

Job Satisfaction

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

Gender

Female
55 %
Male
45 %

Years of Experience

1-4 years
5%
5-9 years
14%
10-19 years
46%
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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