Senior Contract Administrator Salary

A little over a half of Senior Contract Administrators in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $54K to $102K per year, and the average comes out to $74K per year. Geography and career duration each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most Senior Contract Administrators. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Female Senior Contract Administrators make up most of the survey respondents at 74 percent. This report is based on answers to PayScale's salary questionnaire.

$54,143 - $101,393
(Median)
$54K
$74K
$100K
MEDIAN: $73,990
10%
50%
90%

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$19.25 - $44.90
(Median)
$19
$29
$45
MEDIAN: $29.00
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
$54,143 - $101,393  
   
Bonus
$0.00 - $8,081  
Profit Sharing
$1,000 - $12,500  
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).
)
$53,638 - $101,884  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 354
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
$19.25 - $44.90  
   
Overtime
$26.82 - $74.87  
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 - $8,081  
   
Profit Sharing
$1,000 - $12,500  
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).
)
$53,638 - $101,884  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 30
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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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For Senior Contract Administrators, career advancements do not tend to correlate with a rise in salary. On average, lower-level Senior Contract Administrators earn similar salaries to those in higher-end positions like Contracts Manager.

Senior Contract Administrator Job Listings

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Popular Skills for Senior Contract Administrator


Senior Contract Administrators only report a few specific skills. Most notably, skills in Contractor Management, Contract Negotiation, Contract Management, and Financial Analysis are correlated to pay that is above average. Skills that seem to negatively impact pay include Financial Analysis. Contract Negotiation is a skill commonly found among those who know Contract Management.

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. Respondents with less than five years' experience take home $65K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $72K. Senior Contract Administrators with one to two decades of relevant experience report an average salary of approximately $77K. Senior Contract Administrators who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $86K.

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Experience Affects Senior Contract Administrator Salaries

Late-Career
up arrow 15%

Experienced
up arrow 4%

National Average
$75,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 13%

Skills That Affect Senior Contract Administrator Salaries

Contractor Management
up arrow 5%

Contract Negotiation
up arrow 2%

Contract Management
0%

National Average
$75,000

Financial Analysis
up arrow 13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 61 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

1-4 years
13%
5-9 years
36%
10-19 years
32%
20 years or more
20%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 88%
vision benefits Vision: 79% employee benefits None: 3%
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