$57,356
Avg. Salary
$22.62
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$3,476

Profit Sharing

$2,747

Commission

$20,000

The average pay for a Contract Analyst is $22.62 per hour.

The average pay for a Contract Analyst is $57,356 per year.

$16
10%
$23
50%
$31
90%
MEDIAN $23
$43k
10%
$57k
50%
$81k
90%
MEDIAN $57,356
$42,896 - $80,771
$43K
$57K
$81K
MEDIAN: $57,356
10%
50%
90%

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$15.92 - $30.78
$16
$23
$31
MEDIAN: $22.62
10%
50%
90%

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$0$81K
Salary $42,896 - $80,771
Bonus $496 - $8,947
Profit Sharing $0.00 - $25,000
Commission $20,000
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).
)
$40,909 - $81,797
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2018
  • Individuals Reporting: 817
Hourly Data $0$44
Hourly Rate $15.92 - $30.78
Overtime $22.73 - $44.53
Annual Data $0$81K
Bonus $496 - $8,947
Commission $20,000
Profit Sharing $0.00 - $25,000
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).
)
$40,909 - $81,797
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2018
  • Individuals Reporting: 189

Job Description for Contract Analyst

A contract analyst is responsible for carefully analyzing the details of business contracts to ensure that the terms are equitable for the company and that management is properly instructed on terms and expectations for both parties. It is the responsibility of the contract analyst to make sure that the contract honestly represents the company's commitments, analyzing clauses and understanding stipulations to avoid legal complications. The analyst may be responsible for negotiating with the other party over terms and conditions, and producing drafts of contracts to be reviewed by upper management. They also may examine the backgrounds of the contracting party to verify their reliability.

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Contract Analyst Tasks

  • Analyze contract terms to determine the obligations of both parties.
  • Prepare cost estimates based on contract terms.
  • Review proposals for changes in contract terms and contract renewals.
  • Ensure that both parties are fulfilling contract obligations.

Contract Analyst Pay By Employer

$0$68K

Medtronic, Inc.
5 profiles
$63,877

Common Career Paths for Contract Analyst


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Contract Analyst Job Listings

Popular Skills for Contract Analyst

Pay by Experience Level for Contract Analyst

Pay by Experience for a Contract Analyst has a positive trend. An entry-level Contract Analyst with less than 5 years of experience can expect to earn an average total compensation of $54,000 based on 349 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Contract Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $62,000 based on 140 salaries. An experienced Contract Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $60,000 based on 91 salaries. A Contract Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $70,000 based on 26 salaries.

Pay Difference by Location

12%

8%

8%

1%

-3%

National Average: $56,420

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

Contract Analyst Advice

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

Contract Analyst in Philadelphia:
"Insecurities and nepotism is practices blatantly."
Do whatever you have to do to learn the job. Make sure to use all resources because it is very hard to gain any knowledge from colleagues. However, be very mindful when doing so, as nepotism is a strong part of the culture.

Related Job Salaries

Key Stats for Contract Analyst

Gender

Female
69 %
Male
31 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 155 votes.
Less than 1 year
6%
1-4 years
47%
5-9 years
22%
10-19 years
18%
20 years or more
6%

Experience Affects Contract Analyst Salaries

▲24%

▲9%

▲6%

National Average
$56,000

▼5%

Skills That Affect Contract Analyst Salaries




Procurement
▲4%



Project Management
▲1%

National Average
$56,000



Legal Document Review
▼5%

Microsoft Office
▼6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 155 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
6%
1-4 years
47%
5-9 years
22%
10-19 years
18%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 81%
vision benefits
Vision: 74%
no benefits
None: 11%