$103,906
Avg. Salary
$40.00
Avg. Hourly Rate

Average additional compensation:

$9,138

Bonus

$5,557

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Senior Contracts Manager is $40.00 per hour.

The median Senior Contracts Manager has a base pay of $103,906. Salaries generally range from $72k to $138k. The median bonus is $9,138. Skills that can affect salary include Contract Management, Contract Negotiation, Legal Compliance, Legal Document Review.
$24.21
10%
$40.00
50%
$68.52
90%
MEDIAN $40.00
$72k
10%
$104k
50%
$138k
90%
MEDIAN $103,906
$72,090 - $138,109
$72K
$100K
$140K
MEDIAN: $103,906
10%
50%
90%

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$24.21 - $68.52
$24
$40
$69
MEDIAN: $40.00
10%
50%
90%

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$0$146K
Salary $72,090 - $138,109
Bonus $2,045 - $20,868
Profit Sharing $1,021 - $14,681
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).
)
$72,153 - $146,090
  • Country: United States
  • Currency: USD
  • Updated: 11 Feb 2019
  • Individuals Reporting: 807
Hourly Data $0$85
Hourly Rate $24.21 - $68.52
Overtime $30.41 - $85.35
Annual Data $0$146K
Bonus $2,045 - $20,868
Profit Sharing $1,021 - $14,681
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).
)
$72,153 - $146,090
  • Country: United States
  • Currency: USD
  • Updated: 11 Feb 2019
  • Individuals Reporting: 23

Job Description for Senior Contracts Manager

A senior contract manager is responsible for ensuring that all aspects of a contract are completed on time and as promised. They typically serve the primary contact for clients within the company and all vendors, and they are responsible for handling employee issues, questions, and discipline as needed. A senior contract manager must be able to meet multiple deadlines and to juggle multiple projects simultaneously, and they must be able to coordinate between several teams and departments. The individual should also have experience quoting project proposals and accurately proposing and implementing a strict budget. The manager is also responsible for ordering and approving all materials necessary for the completion of all projects. They also oversee the maintenance of all equipment and other assets needed for the completion of any and all contracts.

Read More...
Senior Contracts Manager Tasks
  • Manage, negotiate, oversee, and build relationships with vendors and subcontractors.
  • Intervene and resolve problems, delays, and evaluation concerns.
  • Create strategies to reach contract objectives and build network.
  • Write, review, administer, update, and report on contracts.

Common Career Paths for Senior Contracts Manager


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Many Senior Contracts Managers advance their careers by becoming Contracts Directors, who report a slightly higher median income of $125K.

Senior Contracts Manager Job Listings

Popular Skills for Senior Contracts Manager


Senior Contracts Managers typically list a handful of skills they use on the job. Most notably, skills in Legal Compliance, Contract Management, Contract Negotiation, and Legal Document Review are correlated to pay that is above average. Legal Document Review, on the other hand, is typically associated with much lower pay. For most people, competency in Contract Management indicates knowledge of Legal Compliance.

Pay by Experience Level for Senior Contracts Manager

Pay by Experience for a Senior Contracts Manager has a positive trend. An entry-level Senior Contracts Manager with less than 5 years of experience can expect to earn an average total compensation of $86,000 based on 66 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Contracts Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $100,000 based on 142 salaries. An experienced Senior Contracts Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $111,000 based on 223 salaries. A Senior Contracts Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $123,000 based on 96 salaries.

Pay Difference by Location

13%

5%

3%

1%

-3%

-12%

National Average: $108,260

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

Washington is home to an above-average pay rate for Senior Contracts Managers, 19 percent higher than the national average. Senior Contracts Managers will also find cushy salaries in Houston (+14 percent), San Diego (+11 percent), San Jose (+8 percent), and San Francisco (+7 percent). Falling short of the national average by 16 percent, the area with the worst salaries is Phoenix. Employers pay around 12 percent less in Rockville and 11 percent less in Seattle, below-median salaries for those in this field.

Senior Contracts Manager Reviews

Q: What is it like working as a Senior Contracts Manager?

Senior Contracts Manager in San Diego:
"Do Better each day."
Pros: Great weather and happy people
Cons: Limited Diversity

Senior Contracts Manager in San Diego:
"Pay Doesn't Match Cost of Living."
Pros: As a native, I can't imagine being anywhere else. Our work directly supports the US Warfighters.
Cons: Cost of living is very expensive; housing/rent is astronomical.

Senior Contracts Manager in Philadelphia:
"Decent office."
Pros: Okay commute, close to places I go after work.
Cons: Parking and commute.

Senior Contracts Manager in Cincinnati:
"Great Cost of Living."
Pros: The cost of living in Cincinnati is great and housing is affordable. Lots of industry here to promote growth opportunities outside of current company.
Cons: There isn't much I don't like, but I have never worked elsewhere.

Senior Contracts Manager in Dayton:
"The need to be mobile."
Be known for getting things done right and on time. Never leave a meeting without assurance that everyone has the same understanding. Realize that good interpersonal relationships are essential. Don't expect to exceed in your career purely on merit. You have to do your share to make your value apparent.

Senior Contracts Manager in Los Angeles:
"Negotiation 101."
Education in the use of the federal acquisition regulations. Advanced education in the far contracting clauses and the far termination clauses. Advanced education in TINA compliance.

Related Job Salaries

Key Stats for Senior Contracts Manager

Gender

Female
57 %
Male
43 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 132 votes.
Less than 1 year
0%
1-4 years
8%
5-9 years
20%
10-19 years
47%
20 years or more
24%

Experience Affects Senior Contracts Manager Salaries

▲14%

▲3%

National Average
$108,000

▼8%

▼20%

Skills That Affect Senior Contracts Manager Salaries

Legal Compliance
▼0%

National Average
$108,000

Contract Management
▼1%

Contract Negotiation
▼1%

Legal Document Review
▼25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 132 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
20%
10-19 years
47%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 88%
vision benefits
Vision: 82%
no benefits
None: 7%