Grants/Contracts Specialist Salary
The average Grants & Contracts Specialist in the United States earns approximately $53K per year. Residence and tenure each impact pay for this group, with the former having the largest influence. Female Grants & Contracts Specialists make up most of the survey respondents at 72 percent. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Job satisfaction is high and work is enjoyable for most Grants & Contracts Specialists.
|Salary||$39,354 - $74,400|
|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).)
|$38,122 - $74,325|
|Hourly Rate||$16.65 - $25.29|
|Total Pay (||$38,122 - $74,325|
Job Description for Grants/Contracts Specialist
Grant/contract specialists are responsible for reviewing and approving contracts and grants on behalf of their organizations. They are tasked with reading complex legal documents to find discrepancies based on company requirements and must follow all project specifications regarding grants. Strong interpersonal skills are important in this position to communicate with other departments, and they must work well in a team environment with other contract specialists to achieve all goals.Read More...
Grant/contract specialists generally work in an office environment and oversee the redacting of legal documents, research contract laws and specifications, and use a personal computer to write contracts, find precedents, and supervise grant specifications. They also collaborate with the legal departments in their organizations to approve funding for applicants based on qualifications, provide grant management, and create reports. They may be responsible for developing strong business relationships with agencies to increase their client bases and negotiate conditions to reach agreements and monitor statuses after contracts have been signed. Grant/contract specialists also provide guidelines for individuals who wish to submit a grant application, respond to inquiries, and multitask to prioritize contract tasks as needed. They must always follow strict local, state, and federal guidelines to respect the legality and confidentiality of these contracts.
A bachelor's degree in contract law or a related field is generally required for this position, and prior experience in a grant or contract capacity is highly beneficial. Industry and legal certifications are also helpful.
Grants/Contracts Specialist Tasks
- Identifies and matches researcher with funding sponsor.
- Assists in preparing a training program for the writers and assistants.
- Maintains contact with key funders to resolve issues and supply progress reports.
- Confers with grant writers and assistants regarding compliance issues.
Popular Skills for Grants/Contracts Specialist
Grants & Contracts Specialists seem to require a number of specific skills. Most notably, skills in Contract Negotiation, Grant Management, Contract Management, and Federal Grants are correlated to pay that is above average, with boosts between 5 percent and 19 percent. Skills that pay less than market rate include Budget Management and Grant Writing. Budget Management and Contract Management are also commonly seen together.
Pay by Experience Level for Grants/Contracts Specialist
Pay by Experience for a Grants/Contracts Specialist has a positive trend. An entry-level Grants/Contracts Specialist with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 74 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Grants/Contracts Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $53,000 based on 44 salaries. An experienced Grants/Contracts Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $55,000 based on 19 salaries. A Grants/Contracts Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $56,000 based on 10 salaries.
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Key Stats for Grants/Contracts Specialist
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