Senior Contracts Manager Salary

Wages for Senior Contracts Managers in the United States are generous, with average pay above six figures ($101K) per year. Total cash compensation for Senior Contracts Managers runs from $70K to $147K depending on bonuses that can occasionally exceed $20K and profit sharing that can reach almost $13K. Career duration is the biggest factor affecting pay for this group, followed by geography. The majority of workers are highly satisfied with their job. Nearly all have medical and dental plans, and a strong majority have vision insurance. Women make up a slight majority of Senior Contracts Managers (52 percent) survey respondents. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$69,083 - $138,592
(Median)
$69K
$100K
$140K
MEDIAN: $100,861
10%
50%
90%

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$26.63 - $79.46
(Median)
$27
$52
$79
MEDIAN: $52.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$69,083 - $138,592  
   
Bonus
$1,989 - $19,925  
Profit Sharing
$986 - $12,723  
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).
)
$69,982 - $146,684  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 614
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28$56$84
Hourly Rate
$26.63 - $79.46  
   
Overtime
$73.50  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Bonus
$1,989 - $19,925  
   
Profit Sharing
$986 - $12,723  
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).
)
$69,982 - $146,684  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 20
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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


Job skills reported by Senior Contracts Managers are limited. Most notably, skills in Contract Negotiation, Contract Management, Legal Compliance, and Legal Document Review are correlated to pay that is above average. Legal Document Review and Legal Compliance, on the other hand, are typically associated with much lower pay. Most people who know Contract Management also know Legal Compliance.

Pay by Experience Level for Senior Contracts Manager

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


Experience and pay tend to be weakly linked for Senior Contracts Managers — those with more experience do not necessarily bring in higher earnings. The average worker who claims fewer than five years of experience earns around $82K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $99K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $111K. Senior Contracts Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $120K on average.

Pay Difference by Location

National Average: $106,424

Larger city markers indicate a job is popular in that location.

Home to some of the best pay for Senior Contracts Managers, Houston offers exceptional salaries, 16 percent above the national average. Senior Contracts Managers can also look forward to large paychecks in cities like Washington (+16 percent), Chicago (+12 percent), Boston (+9 percent), and Los Angeles (+9 percent). Trailing the national average by 15 percent, Phoenix is the market with the smallest paychecks. A couple other locations with smaller-than-average paychecks include Atlanta (14 percent lower) and Rockville (12 percent lower).

Related Job Salaries

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Experience Affects Senior Contracts Manager Salaries



National Average
$106,000



Skills That Affect Senior Contracts Manager Salaries

Contract Negotiation
0%

National Average
$106,000

Contract Management
up arrow 1%

Legal Compliance
up arrow 3%

Legal Document Review
up arrow 23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 80 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
20%
10-19 years
44%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 87%
medical benefits
Vision: 77%
dental benefits
None: 6%
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