£38,253
Avg. Salary
£17.00
Avg. Hourly Rate

Average additional compensation:

£3,544

Bonus

£1,000

Profit Sharing

£5,003

Commission

What am I worth?
How should I pay?

The average pay for a Bid Manager is £17.00 per hour.

The average pay for a Bid Manager is £38,253 per year.

10%
£11.58
10%
£17.00
50%
£23.00
90%
90%
MEDIAN £17.00
10%
£25k
10%
£38k
50%
£56k
90%
90%
MEDIAN £38,253
£25,053 - £56,245
£25K
£38K
£56K
MEDIAN: £38,253
10%
50%
90%
£11.58 - £23.00
£17
MEDIAN: £17.00
50%
£0£61K
Salary £25,053 - £56,245
Bonus £489 - £8,837
Profit Sharing £1,000
Commission £5,003
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).
)
£25,645 - £61,792
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 19 Mar 2019
  • Individuals Reporting: 358
Hourly Data £0£22
Hourly Rate £17.00
Overtime £18.50
Annual Data £0£61K
Bonus £489 - £8,837
Commission £5,003
Profit Sharing £1,000
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).
)
£25,645 - £61,792
  • Country: United States
  • Currency: GBP
  • Updated: 19 Mar 2019
  • Individuals Reporting: 7

Job Description for Bid Manager

A bid manager oversees the process of bidding on contracts, from initial development and structuring to placing the bid to follow-up. They typically oversee a team that gathers the necessary information, performs cost analysis, and completes other tasks that are necessary to create an accurate and successful bid. Additionally, the bid manager is responsible for reporting the status of bids to executive management. An average day for a bid manager involves assessing the status of bids in progress, checking in with colleagues and department team members, reporting to direct supervisors, performing research, and refining bid data to present a polished bid. The job takes place primarily indoors, though in some cases travel and on-site inspection may be necessary for the manager to gather additional information for project completion.

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Popular Employer Salaries for Bid Manager

Bid Manager Job Listings

Popular Skills for Bid Manager

Pay by Experience Level for Bid Manager

Pay by Experience for a Bid Manager has a positive trend. An entry-level Bid Manager with less than 5 years of experience can expect to earn an average total compensation of ₤34,000 based on 119 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Bid Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤40,000 based on 72 salaries. An experienced Bid Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤49,000 based on 31 salaries. A Bid Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤53,000 based on 15 salaries.

Pay Difference by Location

8%

4%

National Average: £39,288

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

Bid Manager Reviews

Q: What is it like working as a Bid Manager?

Bid Manager in London:
"Fun."
Pros: Being organised and getting the job done.
Cons: Continuously chasing people.

Bid Manager in Portsmouth:
"Bid Management Is Stressful But Has Its Rewards."
Get project management qualifications (Association of Project Managers), use what you learn day to day on bids. Ensure you are a member of the Association of Proposal Management Professionals and use their best practice methods. Work on bids that will win, by: a/Starting before you receive the Response for Quotation (RFQ) - focus on what you need to do to win. B/Ensure the business can deliver on their promises. C/ The company is focussed on winning and is going to put in the effort (finance).

Bid Manager in Cambridge:
"Commercial Bid Management at Morpho."
You Need to be extremely well organised. You Need to be flexible. You must be a strong communicator understanding what you are responsible for. You must be able to meet deadlines. Lead a cross functional global team. Need to problem solve. Build strong relationships across the business through being authentic and respectful. Willingness to go the extra mile. Need to be flexible with working hours - US West Coast and Asia particularly.

Related Job Salaries

Key Stats for Bid Manager

Gender

Female
54 %
Male
46 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
2%
1-4 years
38%
5-9 years
34%
10-19 years
18%
20 years or more
8%

Experience Affects Bid Manager Salaries

▲35%

▲25%

▲2%

National Average
₤39,000

▼13%

Skills That Affect Bid Manager Salaries



National Average
₤39,000

Commercial
▼1%


People Management
▼11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
2%
1-4 years
38%
5-9 years
34%
10-19 years
18%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 51%
dental benefits
Dental: 13%
vision benefits
Vision: 16%
no benefits
None: 43%