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Senior Contract Administrator Salary

Senior Contract Administrators in the United States tend to have a good amount of experience under their belt — slightly more than half have more than 10 years in the field. While pay runs from $54K to $102K per year, median earnings come to $74K annually. Geographic location is the biggest factor affecting pay for this group, followed by tenure. Female Senior Contract Administrators make up most of the survey respondents at 74 percent. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Job satisfaction for Senior Contract Administrators is high. This report is based on responses to the PayScale salary survey.

$54,613 - $100,882
(Median)
$55K
$74K
$100K
MEDIAN: $73,885
10%
50%
90%

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$18.92 - $45.40
(Median)
$19
$29
$45
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
$54,613 - $100,882  
   
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).
)
$53,950 - $101,563  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 337
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
$18.92 - $45.40  
   
Overtime
$26.63 - $75.16  
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).
)
$53,950 - $101,563  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 25

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United States (change)


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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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Senior Contract Administrators typically list a handful of skills they use on the job. Those who have experience with Contract Negotiation, Contract Management, and Financial Analysis can expect to be compensated well for these skills. Skills that are correlated to lower pay, on the other hand, include Financial Analysis. Contract Management and Contract Negotiation are correlating skills — those who know the former usually know the latter.

Pay by Experience Level for Senior Contract Administrator

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


For Senior Contract Administrators, experience does not seem to be a major factor in determining pay. Salaries for inexperienced workers average out to $73K, and those with five to 10 years' experience earn a higher median of $66K. Senior Contract Administrators bring in $77K after working for 10 to 20 years. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $86K, demonstrating that compensation is roughly commensurate with experience in the end.

Related Job Salaries

United States (change)

Experience Affects Senior Contract Administrator Salaries

Late-Career
up arrow 16%

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 2%

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 62 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: 3%
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