Avg. Base Salary (GBP)
The average salary for a Contracts Manager is £40,998
What is the Pay by Experience Level for Contracts Managers?
An entry-level Contracts Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £34,646 based on 10 salaries. An early career Contracts Manager with 1-4 years of experience earns an average total compensation of £36,140 based on 205 salaries. A …Read more
What Do Contracts Managers Do?
Contracts managers can work in a variety of industries, including non-profit and government agencies. They act as the liaisons between companies and clients for contractual matters. Contracts managers can draft, evaluate and execute any type of contract that is negotiated between the business and client, such as short term, formal or annual contracts. They often work with the legal and/or finance department to monitor adherence and potential risks to the business or client.
Contract managers …Read more
- Coordinate design of contract verbiage with other internal departments including Legal, Finance, and Product Development.
- Act as the point of contact for both internal and external customers in regards to contractual issues.
- Draft, negotiate, and implement new contracts, amendments, renewals, and terminations.
- Maintain current contracts by updating demographics, fee schedules, and any service changes.
FAQs About Contracts Managers
What is the highest pay for Contracts Managers?
Our data indicates that the highest pay for a Contracts Manager is £61k / year
What is the lowest pay for Contracts Managers?
Our data indicates that the lowest pay for a Contracts Manager is £29k / year
How can Contracts Managers increase their salary?
Increasing your pay as a Contracts Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Contracts Manager that oversees more junior Contracts Managers, this experience can increase the likelihood to earn more.