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Senior Contract Administrator Salary

The majority of Senior Contract Administrators in the United States — a little more than half — boast more than 10 years of experience in their profession. Salaries stretch from $54K to $101K per year, and the median is $74K per year. Geography and tenure each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. For the most part, Senior Contract Administrators enjoy their work and report high levels of job satisfaction. Most Senior Contract Administrators survey respondents are women (74 percent).

$54,284 - $100,654
(Median)
$54K
$74K
$100K
MEDIAN: $73,858
10%
50%
90%

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$18.86 - $44.49
(Median)
$19
$28
$44
MEDIAN: $28.00
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
$54,284 - $100,654  
   
Bonus
$0.00 - $8,243  
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).
)
$53,651 - $101,044  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 333
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$26$52$78
Hourly Rate
$18.86 - $44.49  
   
Overtime
$26.43 - $75.44  
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$60K$120K$180K
Bonus
$0.00 - $8,243  
   
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).
)
$53,651 - $101,044  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 24

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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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Senior Contract Administrators who go on to become Contracts Managers may see somewhat stagnant compensation. On average, a Contracts Manager, an upper-level role, pays $78K.

Senior Contract Administrator Job Listings

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Survey takers who work as Senior Contract Administrators report a focused set of job skills. Those who have experience with Contract Negotiation, Contract Management, and Financial Analysis can expect to be compensated well for these skills. At the other end of the pay range are skills like Financial Analysis. Contract Management and Contract Negotiation are also commonly seen together.

Pay by Experience Level for Senior Contract Administrator

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


Senior Contract Administrators with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. People who have worked for fewer than five years bring home $66K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $73K. Senior Contract Administrators who work for 10 to 20 years in their occupation tend to earn about $77K. Senior Contract Administrators who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $86K.

Related Job Salaries

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Experience Affects Senior Contract Administrator Salaries

Late-Career
up arrow 15%

Experienced
up arrow 3%

National Average
$74,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 11%

Skills That Affect Senior Contract Administrator Salaries

Contract Negotiation
up arrow 3%

Contract Management
up arrow 1%

National Average
$74,000

Financial Analysis
up arrow 13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 63 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
0%
1-4 years
12%
5-9 years
35%
10-19 years
33%
20 years or more
20%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 88%
vision benefits Vision: 79% employee benefits None: 4%