The average salary for a Contracts Manager is $78,589 per year. The highest paying skills associated with this job are Risk Management / Risk Control, Negotiation, and Contractor Management.

$50,596 - $116,213
(Median)
$51K
$79K
$120K
MEDIAN: $78,589
10%
50%
90%

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$14.43 - $54.84
(Median)
$14
$25
$55
MEDIAN: $25.00
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$50K$100K$150K
Salary
$50,596 - $116,213  
   
Bonus
$492.76 - $14,632  
Profit Sharing
$0.00 - $8,170  
Commission
$30,000  
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).
)
$49,727 - $120,725  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,514
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$25$50$75
Hourly Rate
$14.43 - $54.84  
   
Overtime
$16.11 - $62.19  
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$50K$100K$150K
Bonus
$492.76 - $14,632  
   
Commission
$30,000  
Profit Sharing
$0.00 - $8,170  
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).
)
$49,727 - $120,725  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 122
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Job Description for Contracts Manager

Contracts managers can work in a variety of industries, including non-profit and government agencies. They act as the liaisons between companies and clients for contractual matters. Contracts managers can draft, evaluate and execute any type of contract that is negotiated between the business and client, such as short term, formal or annual contracts. They often work with the legal and/or finance department to monitor adherence and potential risks to the business or client.

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Contracts Manager Tasks

  • Draft, negotiate, and implement new contracts, amendments, renewals, and terminations.
  • Maintain current contracts by updating demographics, fee schedules, and any service changes.
  • Coordinate design of contract verbiage with other internal departments including Legal, Finance, and Product Development.
  • Act as the point of contact for both internal and external customers in regards to contractual issues.

Common Career Paths for Contracts Manager


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Contracts Manager Job Listings

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Popular Employer Salaries for Contracts Manager

Popular Skills for Contracts Manager

Pay by Experience Level for Contracts Manager

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

Pay Difference by Location

National Average: $79,280

Larger city markers indicate a job is popular in that location.

Contracts Manager Reviews

What is it like working as a Contracts Manager?

Contracts Manager in Columbus:
"Contracts and grants are my life."
Pros: I am able to help at the administrative level to make sure each provider and the company are happy with their agreement and produce results.
Cons: Some individuals still do not understand what I do.

Related Job Salaries

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Experience Affects Contracts Manager Salaries




National Average
$79,000


Skills That Affect Contracts Manager Salaries

Risk Management / Risk Control
up arrow 26%




Proposal Writing
up arrow 7%

Customer Relationship Management (CRM)
up arrow 3%

Process Improvement
up arrow 3%

Contract Management
up arrow 2%

Legal Compliance
up arrow 2%

National Average
$79,000

Project Management
up arrow 1%

Legal Document Review
up arrow 2%

Legal Research
up arrow 3%

People Management
up arrow 3%

Microsoft Excel
up arrow 4%

Microsoft Office
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 222 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
2%
1-4 years
26%
5-9 years
28%
10-19 years
29%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 80%
medical benefits
Vision: 72%
dental benefits
None: 12%
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