Contracts Manager Salary

A Contracts Manager earns an average salary of $79,387 per year. A skill in Negotiation is associated with high pay for this job. Experience has a moderate effect on income for this job.

$49,605 - $117,884
(Median)
$50K
$79K
$120K
MEDIAN: $79,386
10%
50%
90%

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$15.24 - $51.06
(Median)
$15
$27
$51
MEDIAN: $26.00
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$50K$100K$150K
Salary
$49,605 - $117,884  
   
Bonus
$0.00 - $14,786  
Profit Sharing
$306.39 - $9,978  
Commission
$0.00 - $31,785  
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).
)
$49,021 - $123,708  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 2,043
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$25$50$75
Hourly Rate
$15.24 - $51.06  
   
Overtime
$7.78 - $71.34  
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$50K$100K$150K
Bonus
$0.00 - $14,786  
   
Commission
$0.00 - $31,785  
Profit Sharing
$306.39 - $9,978  
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).
)
$49,021 - $123,708  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 146
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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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Pay by Experience Level for Contracts Manager

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

Pay Difference by 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.

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Experience Affects Contracts Manager Salaries




National Average
$80,000


Skills That Affect Contracts Manager Salaries



Proposal Writing
up arrow 6%

Process Improvement
up arrow 3%

Contract Management
up arrow 2%

Legal Compliance
up arrow 2%

Customer Relationship Management (CRM)
up arrow 1%

Project Management
up arrow 1%

National Average
$80,000

Legal Research
up arrow 2%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 425 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
2%
1-4 years
23%
5-9 years
28%
10-19 years
31%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 82%
vision benefits Vision: 70% employee benefits None: 10%
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