Contracting Officer Salary
|Salary||$57,113 - $122,098|
|Bonus||$0.00 - $6,904|
|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).)
|$52,944 - $122,392|
|Hourly Rate||$16.00 - $58.96|
|Overtime||$12.00 - $51.00|
|Bonus||$0.00 - $6,904|
|Total Pay (||$52,944 - $122,392|
Job Description for Contracting Officer
Being a contracting officer is an extremely important position. These officers perform various duties, usually for a government organization such as the Department of Defense. They help make sure that units are well-stocked by managing multiple contracts with suppliers for items such as commodities, services, and any construction projects that may be occurring. A contracting officer is the person who negotiates the contracts for these things and is integral to maintaining a budget.Read More...
These officers have to be interested in law, business, and administration. Some positions require various degrees, such as a bachelor's or master's degree in business. Others simply require experience in the field. In most cases, especially in government positions, one will go through a training course if hired.
The work of a contracting officer usually is performed during regular business hours. This officer should be accustomed to fast-paced work, including deadlines that need to be met. An efficient and well-organized person is preferred. This officer will be working in an office but will need to travel for meetings to negotiate contracts. A contracting officer usually works alone, save for administrative staff that is there to support the contracting officer. The officer will be the primary decision-maker on all contracts, so long as they are within the constraints of the budget and the orders from his or her superiors. This job is not one for people who are indecisive but can be a very rewarding career. (Copyright 2017 PayScale.com)
Contracting Officer Tasks
- Solicit, negotiate and procure/award contracts.
- Oversee and support administrative processes.
- Ensure governmental/organizational requirements are met.
Contracting Officer Job Listings
Popular Employer Salaries for Contracting Officer
Well-known firms with a reputation for hiring numerous Contracting Officers include U.S. Air Force (USAF), Department of Veteran's Affairs, U.S. Army, U.S. Department of Defense, and U.S. Navy. U.S. Department of Defense leads the field in terms of pay, with a median salary of $97K.
Popular Skills for Contracting Officer
Contracting Officers who responded to the survey indicated only a few skills that they use on the job. Most notably, skills in Contract Negotiation, Contract Management, Procurement, and Contractor Management are correlated to pay that is above average. Skills that seem to negatively impact pay include Contractor Management. Most people familiar with Contract Management also know Procurement.
Pay by Experience Level for Contracting Officer
Pay by Experience for a Contracting Officer has a positive trend. An entry-level Contracting Officer with less than 5 years of experience can expect to earn an average total compensation of $61,000 based on 61 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Contracting Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $82,000 based on 112 salaries. An experienced Contracting Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $90,000 based on 94 salaries. A Contracting Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $116,000 based on 41 salaries.
Pay Difference by Location
For Contracting Officers, busy Washington offers a higher-than-average pay rate, 36 percent above the national average. Contracting Officers can also look forward to large paychecks in cities like Los Angeles (+14 percent), San Antonio (+9 percent), Albuquerque (+4 percent), and Seattle (+3 percent). Location significantly influences compensation, with Atlanta Contracting Officers earning much less — 36 percent less — than the national average. Employers also pay below the national average in Tucson (27 percent lower) and Dallas (26 percent lower).
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Key Stats for Contracting Officer
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