Senior Contracts Manager Salary

Senior Contracts Managers enjoy a hefty income, with average pay passing six figures ($101K) annually in the United States. With some bonuses approaching $20K and certain profit sharing proceeds approaching $13K, overall incomes of Senior Contracts Managers spread between $72K and $147K depending on individual performance. Career duration and the particular city each impact pay for this group, with the former having the largest influence. The majority of workers are highly satisfied with their job. Women Senior Contracts Managers who took the survey just slightly outnumber men. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. This report is based on responses to the PayScale salary survey.

$71,195 - $138,469
(Median)
$71K
$100K
$140K
MEDIAN: $100,867
10%
50%
90%

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$27.18 - $76.52
(Median)
$27
$52
$77
MEDIAN: $52.00
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
$71,195 - $138,469  
   
Bonus
$1,932 - $19,927  
Profit Sharing
$993 - $12,822  
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).
)
$71,949 - $147,067  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 476
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
$27.18 - $76.52  
   
Overtime
$40.34 - $73.25  
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
$1,932 - $19,927  
   
Profit Sharing
$993 - $12,822  
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).
)
$71,949 - $147,067  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 16
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Job Description for Senior Contracts Manager

A senior contract manager is responsible for ensuring that all aspects of a contract are completed on time and as promised. They typically serve the primary contact for clients within the company and all vendors, and they are responsible for handling employee issues, questions, and discipline as needed. A senior contract manager must be able to meet multiple deadlines and to juggle multiple projects simultaneously, and they must be able to coordinate between several teams and departments. The individual should also have experience quoting project proposals and accurately proposing and implementing a strict budget. The manager is also responsible for ordering and approving all materials necessary for the completion of all projects. They also oversee the maintenance of all equipment and other assets needed for the completion of any and all contracts.

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Senior Contracts Manager Tasks

  • Create strategies to reach contract objectives and build network.
  • Write, review, administer, update, and report on contracts.
  • Manage, negotiate, oversee, and build relationships with vendors and subcontractors.
  • Intervene and resolve problems, delays, and evaluation concerns.

Senior Contracts Manager Job Listings

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Popular Skills for Senior Contracts Manager


Senior Contracts Managers note just a narrow range of job skills. Most notably, skills in Contract Negotiation, Contract Management, Legal Compliance, and Legal Document Review are correlated to pay that is above average. Those listing Legal Document Review and Legal Compliance as skills, on the other hand, should be prepared for drastically lower pay. Most people skilled in Contract Management are similarly competent in Legal Compliance.

Pay by Experience Level for Senior Contracts Manager

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. Relatively untried employees who have less than five years' experience make $85K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $100K. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $111K. Senior Contracts Managers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $119K.

Pay Difference by Location


For those looking to make money, Senior Contracts Managers in Los Angeles enjoy an exceptional pay rate, 12 percent above the national average. Senior Contracts Managers will also find cushy salaries in Chicago (+11 percent), Washington (+10 percent), Boston (+9 percent), and Houston (+9 percent). Phoenix ranks last in the field for pay, reporting salaries 16 percent below the national average. Not at the bottom but still paying below the median are employers in San Diego and New York (14 percent lower and 13 percent lower, respectively).

Related Job Salaries

United States (change)

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Experience Affects Senior Contracts Manager Salaries



National Average
$107,000



Skills That Affect Senior Contracts Manager Salaries

National Average
$107,000

Contract Negotiation
up arrow 1%

Contract Management
up arrow 1%


Legal Document Review
up arrow 24%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
1%
1-4 years
7%
5-9 years
20%
10-19 years
42%
20 years or more
30%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 86%
vision benefits Vision: 76% employee benefits None: 6%
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