Senior Contracts Manager Salary

Compensation for Senior Contracts Managers in the United States is generous, with average pay surpassing six figures annually ($101K). In the world of Senior Contracts Managers, total cash compensation can vary between $72K and $147K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $20K and $13K, respectively. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Women Senior Contracts Managers who took the survey just slightly outnumber men.

$71,051 - $138,797
(Median)
$71K
$100K
$140K
MEDIAN: $101,111
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
$71,051 - $138,797  
   
Bonus
$1,925 - $19,952  
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).
)
$71,838 - $147,332  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 466
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
$1,925 - $19,952  
   
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).
)
$71,838 - $147,332  
Country: United States | Currency: USD | Updated: 20 Jun 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


Survey results show that Senior Contracts Managers typically report just a few professional 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. The majority of those 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 does not seem to be a strong driver of pay increase in this role. Salaries for the relatively untried average out to around $85K, but survey participants with five to 10 years of experience earn a significantly higher median of $100K. The average pay reported by folks with 10 to 20 years of experience is around $111K. Senior Contracts Managers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $118K.

Related Job Salaries

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Experience Affects Senior Contracts Manager Salaries



National Average
$107,000



Skills That Affect Senior Contracts Manager Salaries

Contract Negotiation
0%

National Average
$107,000

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
43%
20 years or more
30%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 85%
vision benefits Vision: 76% employee benefits None: 6%
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