Senior Contract Administrator Salary

Senior Contract Administrators in the United States are often veterans in their line of work, with around half bringing more than 10 years of experience to the table. Salaries slide in at $74K per year on average but can range from $54K to $102K per year. Location and career length each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Most Senior Contract Administrators survey respondents are women (74 percent).

$54,068 - $101,556
(Median)
$54K
$74K
$100K
MEDIAN: $74,225
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
$54,068 - $101,556  
   
Bonus
$0.00 - $8,000  
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).
)
$53,566 - $102,050  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 360
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 - $8,000  
   
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).
)
$53,566 - $102,050  
Country: United States | Currency: USD | Updated: 2 Jul 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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Senior Contract Administrators' salary tends to stay somewhat level for those who assume higher-end positions like Contracts Manager. Median pay for Contracts Managers is $78K.

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 pay less than market rate include Financial Analysis. Competency in Contract Management frequently indicates knowledge of Contract Negotiation.

Pay by Experience Level for Senior Contract Administrator

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


For many Senior Contract Administrators, extensive experience does not lead to significantly more money. Relatively untried employees who have less than five years' experience make $65K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $73K. Senior Contract Administrators claiming one to two decades of experience make an estimated median of $78K. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $86K.

Related Job Salaries

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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 12%

Skills That Affect Senior Contract Administrator Salaries

Contractor Management
up arrow 4%

Contract Negotiation
up arrow 3%

Contract Management
0%

National Average
$75,000

Financial Analysis
up arrow 14%

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
31%
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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