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Contracts Manager Salary (United States)

The average salary for a Contracts Manager is $79,708 per year. Experience has a moderate effect on income for this job.
Contracts Manager Salary (?
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.
)
$49,146 - $118,013
(Median)
49K
62K
80K
98K
120K
MEDIAN: $79,708
10%
25%
50%
75%
90%
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Contracts Manager Salary (?
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.
)
$13.60 - $55.04
(Median)
14
26
35
55
MEDIAN: $25.00
10%
50%
75%
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
$49,146 - $118,013  
   
Bonus
$0.00 - $14,957  
Profit Sharing
$518 - $9,910  
Commission
$0.00 - $48,936  
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).
)
$48,233 - $124,272  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,947
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
$13.60 - $55.04  
   
Overtime
$5.79 - $71.06  
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 - $14,957  
   
Commission
$0.00 - $48,936  
Profit Sharing
$518 - $9,910  
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).
)
$48,233 - $124,272  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 136
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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

up arrow 17%
up arrow 12%
Orlando
up arrow 2%
0%
National Average
$81,000
up arrow 6%
up arrow 6%
up arrow 6%
up arrow 8%
Chicago
up arrow 10%
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Experience Affects Contracts Manager Salaries

National Average
$81,000

Skills That Affect Contracts Manager Salaries

Legal Compliance
up arrow 4%
Contract Management
up arrow 3%
Customer Relationship Management (CRM)
up arrow 1%
Legal Research
up arrow 1%
National Average
$81,000
Project Management
up arrow 1%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 553 votes.

Gender

Female
58%
female alumni
 
Male
42%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
23%
5-9 years
27%
10-19 years
31%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 82%
vision benefits Vision: 68% employee benefits None: 9%