$58,118
Avg. Salary
$23.07
Avg. Hourly Rate

Average additional compensation:

$3,523

Bonus

$2,653

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Contract Analyst is $23.07 per hour.

The average pay for a Contract Analyst is $58,118 per year.

10%
$16.48
10%
$23.07
50%
$32.99
90%
90%
MEDIAN $23.07
10%
$43k
10%
$58k
50%
$81k
90%
90%
MEDIAN $58,118
$43,231 - $81,335
$43K
$58K
$81K
MEDIAN: $58,118
10%
50%
90%

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$16.48 - $32.99
$16
$23
$33
MEDIAN: $23.07
10%
50%
90%

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$0$82K
Salary $43,231 - $81,335
Bonus $493 - $9,137
Profit Sharing $0.00 - $20,511
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).
)
$41,032 - $82,661
  • Country: United States
  • Currency: USD
  • Updated: 17 Apr 2019
  • Individuals Reporting: 795
Hourly Data $0$43
Hourly Rate $16.48 - $32.99
Overtime $22.35 - $43.62
Annual Data $0$82K
Bonus $493 - $9,137
Profit Sharing $0.00 - $20,511
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).
)
$41,032 - $82,661
  • Country: United States
  • Currency: USD
  • Updated: 17 Apr 2019
  • Individuals Reporting: 203

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.

Read More...
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.

Common Career Paths for Contract Analyst


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While Contract Analysts do not often become Contracts Managers, the job pays $78K per year on average.

Contract Analyst Job Listings

Popular Skills for Contract Analyst


Contract Analysts seem to exploit a large range of skills on the job. Most notably, skills in Contract Negotiation, Legal Research, Procurement, and Contract Management are correlated to pay that is above average, with boosts in pay of 4 percent. At the other end of the pay range are skills like Microsoft Office and Legal Document Review. Those proficient in Contract Management are, more often than not, also skilled in Microsoft Excel and Financial Analysis.

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

11%

7%

7%

-4%

National Average: $56,996

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

With a pay rate for Contract Analysts that is 11 percent greater than the national average, Houston offers a comfortable salary for those in this profession. Contract Analysts will also find cushy salaries in San Diego (+11 percent), Dallas (+7 percent), Raleigh (+7 percent), and Washington (+6 percent). Charlotte ranks last in the field for pay, reporting salaries 18 percent below the national average. Two other places where employers offer below-median salaries are Huntsville (18 percent less) and Nashville (12 percent less).

Related Job Salaries

Key Stats for Contract Analyst

Gender

Female
69 %
Male
30 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 161 votes.
Less than 1 year
6%
1-4 years
48%
5-9 years
21%
10-19 years
19%
20 years or more
6%

Experience Affects Contract Analyst Salaries

▲22%

▲8%

▲5%

National Average
$57,000

▼6%

Skills That Affect Contract Analyst Salaries




Procurement
▲3%



Project Management
▼0%

National Average
$57,000



Legal Document Review
▼6%

Microsoft Office
▼7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 161 votes.

Gender

Female
69 %
Male
30 %

Years of Experience

Less than 1 year
6%
1-4 years
48%
5-9 years
21%
10-19 years
19%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 82%
vision benefits
Vision: 74%
no benefits
None: 11%