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Senior Contract Administrator Salary

For Senior Contract Administrators, annual average wages total $73K per year. Geography and tenure each impact pay for this group, with the former having the largest influence. Female Senior Contract Administrators make up most of the survey respondents at 74 percent. Most workers in this position report high levels of job satisfaction. Almost all have medical and dental plans, and a fair number have vision insurance. The data for this synopsis comes from respondents who took the PayScale salary survey.
$53,670 - $98,382
(Median)
54K
63K
73K
86K
98K
MEDIAN: $72,874
10%
25%
50%
75%
90%

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$18.72 - $43.63
(Median)
19
28
32
44
MEDIAN: $27.00
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$33K$66K$99K
Salary
$53,670 - $98,382  
   
Bonus
$0.00 - $7,715  
Profit Sharing
$983 - $10,000  
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).
)
$52,885 - $98,692  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 272
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$22$44$66
Hourly Rate
$18.72 - $43.63  
   
Overtime
$25.44 - $64.75  
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 - $7,715  
   
Profit Sharing
$983 - $10,000  
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).
)
$52,885 - $98,692  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 22
United States (change)

Job Description for Senior Contract Administrator

A senior contract administrator is responsible for ensuring that all contracts produced for clients - as well as agreements and negotiating summary plans - meet federal, state and company standards. These administrators are also in charge of identifying needed changes in these documents and ensuring they are included. Senior contract administrators often oversee a team of other contract administrators, reviewing their work, providing guidance, and providing disciplinary action as needed. Additionally, these senior personnel must keep up with all state and federal regulations related to the type of contracts that the company handles.

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Senior Contract Administrator Tasks

  • Interpret and explain contracts, their terms and their implications.
  • Document terms, data and status of projects in associated systems.
  • Negotiate and update contracts, their rates and their terms with vendors.
  • Draft, edit and verify contracts and their amendments, updating associated schedules.
  • Research and document relevant laws, technical needs and other factors.

Common Career Paths for Senior Contract Administrator


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Senior Contract Administrators who transition into an upper level Contracts Manager position will not necessarily make much more than they do in their current role. The average Contracts Manager makes $78K a year.

Senior Contract Administrator Job Listings

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Survey takers who work as Senior Contract Administrators usually report a few specific skills. Those who have experience with Contract Negotiation, Contract Management, and Financial Analysis can expect to be compensated well for these skills. Skills that pay less than market rate include Financial Analysis. Aptitude in Contract Management tends to also indicate an understanding of Contract Negotiation.

Pay by Experience Level for Senior Contract Administrator

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


More years of relevant experience do not necessarily translate to higher paychecks. Salaries for the relatively untried average out to around $66K, but survey participants with five to 10 years of experience earn a significantly higher median of $73K. After working for 10 to 20 years, Senior Contract Administrators make a median salary of $77K. Veterans who have acquired more than 20 years report a median income of $83K, which is generally higher than the pay reported by other tenure groups.

Related Job Salaries

Experience Affects Senior Contract Administrator Salaries

Late-Career
up arrow 14%

Experienced
up arrow 5%

Mid-Career
0%

National Average
$73,000

Entry-Level
up arrow 10%

Skills That Affect Senior Contract Administrator Salaries

Contract Negotiation
up arrow 4%

Contract Management
up arrow 2%

National Average
$73,000

Financial Analysis
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 57 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
0%
1-4 years
13%
5-9 years
37%
10-19 years
32%
20 years or more
18%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 88%
vision benefits Vision: 78% employee benefits None: 4%