AU$100,591
Avg. Salary
AU$50.00
Avg. Hourly Rate

Average additional compensation:

AU$7,110

Bonus

AU$1,017

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Contract Specialist is AU$50.00 per hour.

The average pay for a Contract Specialist is AU$100,591 per year.

10%
AU$24.73
10%
AU$50.00
50%
AU$86.29
90%
90%
MEDIAN AU$50.00
10%
AU$60k
10%
AU$101k
50%
AU$152k
90%
90%
MEDIAN AU$100,591
AU$59,934 - AU$152,224
AU$60K
AU$100K
AU$150K
MEDIAN: AU$100,591
10%
50%
90%
AU$24.73 - AU$86.29
AU$25
AU$50
AU$86
MEDIAN: AU$50.00
10%
50%
90%
AU$0AU$166K
Salary AU$59,934 - AU$152,224
Bonus AU$507 - AU$24,658
Profit Sharing AU$1,017
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).
)
AU$61,288 - AU$166,335
  • Country: Australia
  • Currency: AUD
  • Updated: 23 Aug 2019
  • Individuals Reporting: 83
Hourly Data AU$0AU$86
Hourly Rate AU$24.73 - AU$86.29
Annual Data AU$0AU$166K
Bonus AU$507 - AU$24,658
Profit Sharing AU$1,017
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).
)
AU$61,288 - AU$166,335
  • Country: United States
  • Currency: AUD
  • Updated: 23 Aug 2019
  • Individuals Reporting: 13

Job Description for Contract Specialist

Contract specialists create, examine, and monitor contractual agreements between their organizations and suppliers of materials or labor. They are generally expected to serve as tough negotiators who work to reach the best potential deal for the company, and they also monitor and administer these contracts. Soliciting bids to acquire a variety of required goods and services is a major part of this job, and they may also oversee contractors' performances to ensure that the provisions of the contract are met. Another central component of the job involves building connections with reliable vendors and maintaining a comprehensive list of potential contractors needed for any given situation.

Read More...
Contract Specialist Tasks
  • Prepare, review and evaluate contracts for compliance of legality and for profitability if applicable.
  • Edit or amend contracts and handles terms of contract breach.
  • Negotiate contract terms with clientele.

Contract Specialist Job Listings

Pay by Experience Level for Contract Specialist

Pay by Experience for a Contract Specialist has a positive trend. An entry-level Contract Specialist with less than 5 years of experience can expect to earn an average total compensation of AU$93,000 based on 34 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Contract Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of AU$104,000 based on 29 salaries. An experienced Contract Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$116,000 based on 24 salaries. A Contract Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of AU$135,000 based on 5 salaries.

Pay Difference by Location

28%

7%

-38%

National Average: AU$103,054

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

Contract Specialist Reviews

Q: What is it like working as a Contract Specialist?

Contract Specialist in Sydney:
"Challenging role looking after multiple contracts in 3 states to ensure compliance work health safety business operations optimisation and strategies to find efficiencies."
Pros: No 2 days are the same
Cons: Time it takes to get things done

Contract Specialist in Sydney:
Understand the company's policies, code of ethics and values. Build good working relationship with internal commercial and management leaders - work on keeping position's visibility across the organisation.

Related Job Salaries

Key Stats for Contract Specialist

Gender

Female
57 %
Male
43 %
Less than 1 year
3%
1-4 years
25%
5-9 years
30%
10-19 years
31%
20 years or more
10%

Experience Affects Contract Specialist Salaries

▲31%

▲13%

▲1%

National Average
AU$103,000

▼10%

Skills That Affect Contract Specialist Salaries

National Average
AU$103,000


Contract Management
▼4%

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
3%
1-4 years
25%
5-9 years
30%
10-19 years
31%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 13%
dental benefits
Dental: 1%
vision benefits
Vision: 3%
no benefits
None: 85%