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Salary

How much does a Contract Specialist make?

The average salary for a Contract Specialist is $77,629 per year in the US.

Contract Specialists often find themselves in high demand, with a varied salary range depending on experience and location. The average yearly salary for Contract Specialists stands at approximately $77,629. This figure represents the midpoint of their earnings, suggesting many professionals earn close to this amount. A significant portion of Contract Specialists, around 17.27%, earns between $57,900 and $68,400 annually.

For those starting in the field, entry-level salaries begin around $36,900. As Contract Specialists gain more experience and advance in their careers, they can expect to see their salaries increase. The highest earners in this profession can make upwards of $152,400 a year. This range offers potential for growth and reflects the diverse skill set and experience that Contract Specialists bring to their roles.

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What are the highest paying cities for a Contract Specialist?

Contract specialists can expect competitive salaries in several key cities. Colorado Springs, CO, leads the pack with an average salary of $124,053, offering attractive opportunities for professionals. Close behind, Washington, DC, provides an average salary of $108,676, making it another strong option for those in the field. Other cities with notable salaries include Des Moines, IA, at $107,355, and Louisville, KY, at $105,757. These locations provide a blend of high earning potential and career advancement.
Graph displaying highest paying cities salaries for Contract Specialist jobs, highlighting Colorado Springs, CO with the highest at $124,053 and Los Angeles, CA with the lowest at $98,412.
  1. Colorado Springs, CO
    Average Salary: $124,053
    Colorado Springs offers a vibrant environment for contract professionals. Many tech and defense companies rely on contract experts to manage their agreements. The city's growing economy provides ample opportunities for career growth.
    Find Contract Specialist jobs in Colorado Springs, CO


  2. Washington, DC
    Average Salary: $108,676
    In Washington, DC, working with contracts is a key part of many sectors. Government agencies and large corporations need skilled professionals to handle their agreements. The city's political landscape ensures a steady demand for contract specialists.
    Find Contract Specialist jobs in Washington, DC


  3. Des Moines, IA
    Average Salary: $107,355
    Des Moines provides a stable market for contract specialists. Many insurance and finance companies operate here, requiring experts to manage their contracts. The city's business-friendly environment supports career development in this field.
    Find Contract Specialist jobs in Des Moines, IA


  4. Louisville, KY
    Average Salary: $105,757
    Louisville is a city with diverse opportunities for contract professionals. Major companies in logistics and manufacturing depend on skilled specialists to handle their agreements. The city's growing industries offer many paths for career advancement.
    Find Contract Specialist jobs in Louisville, KY


  5. San Francisco, CA
    Average Salary: $104,825
    San Francisco's tech industry offers exciting opportunities for contract specialists. Tech giants and startups need professionals to manage their agreements. The city's fast-paced environment provides a dynamic career experience.
    Find Contract Specialist jobs in San Francisco, CA


  6. Hartford, CT
    Average Salary: $102,463
    Hartford is home to many insurance companies that require contract specialists. Working in Hartford offers a stable job market with good benefits. The city’s financial sector offers many opportunities for growth in this field.
    Find Contract Specialist jobs in Hartford, CT


  7. Boulder, CO
    Average Salary: $100,589
    Boulder provides a vibrant setting for contract professionals. Many tech firms and startups operate here, needing experts to handle their agreements. The city's outdoor culture and innovative environment make it a great place to work.
    Find Contract Specialist jobs in Boulder, CO


  8. Cleveland, OH
    Average Salary: $99,809
    Cleveland offers a range of opportunities for contract specialists. Many manufacturing and healthcare companies rely on skilled professionals to manage their contracts. The city’s economic growth provides a stable job market.
    Find Contract Specialist jobs in Cleveland, OH


  9. Fresno, CA
    Average Salary: $98,727
    Fresno offers a growing market for contract specialists. The agricultural and tech sectors depend on experts to handle their agreements. The city’s warm climate and community spirit make it a great place to work.
    Find Contract Specialist jobs in Fresno, CA


  10. Los Angeles, CA
    Average Salary: $98,412
    Los Angeles provides a dynamic environment for contract professionals. Many entertainment and tech companies need skilled specialists to manage their agreements. The city's diverse industries offer many opportunities for career growth.
    Find Contract Specialist jobs in Los Angeles, CA

What are the best companies a Contract Specialist can work for?

Looking for top-paying contract specialist roles? HNTB Corporation stands out with an average salary of $170,778. Piper Companies also offers a strong compensation package, averaging $145,690 per year. Northrop Grumman, with a salary of $124,684, is another excellent option for those seeking higher pay. Companies like the U.S. Coast Guard, BAE Systems USA, and Esri provide competitive salaries as well. The U.S. Coast Guard offers an average of $118,635, BAE Systems USA around $117,645, and Esri $115,506 per year. For a broad range of opportunities, explore positions at King County, WA, KPMG, and Chenega Corporation.
Graph displaying best paying company salaries for Contract Specialist jobs, highlighting HNTB Corporation with the highest at $170,778 and US Executive Office for U.S. Attorneys and the Office of the U.S. Attorneys with the lowest at $97,757.
  1. HNTB Corporation
    Average Salary: $170,778
    HNTB Corporation offers rewarding roles for Contract Specialists, with offices in over 300 locations across the U.S. They provide various opportunities to manage and negotiate contracts. These roles involve ensuring compliance with regulations and fostering strong client relationships.


  2. Piper Companies
    Average Salary: $145,690
    At Piper Companies, Contract Specialists play a key role in managing construction projects. They work closely with project managers and clients to ensure all contract terms are met. The company operates nationwide, offering many opportunities for professional growth.


  3. Northrop Grumman
    Average Salary: $124,684
    Northrop Grumman provides Contract Specialists with dynamic roles in the aerospace and defense sectors. They manage contracts related to large-scale projects across the U.S. This role requires strong attention to detail and excellent negotiation skills.


  4. U.S. Coast Guard
    Average Salary: $118,635
    The U.S. Coast Guard offers stable and rewarding positions for Contract Specialists. They handle contracts for maritime security and environmental protection. Working with the Coast Guard provides a chance to serve the nation with a focus on safety and law enforcement.


  5. BAE Systems USA
    Average Salary: $117,645
    BAE Systems USA offers Contract Specialists roles in defense and aerospace. They manage contracts for significant projects, ensuring compliance and efficiency. The company operates across the U.S., providing many opportunities for advancement.


  6. Esri
    Average Salary: $115,506
    Esri provides Contract Specialists with opportunities in geographic information system (GIS) technology. They manage contracts for software and consulting services, supporting various industries. With offices in multiple states, Esri offers a chance to work on innovative projects.


  7. King County, WA
    Average Salary: $113,714
    King County, WA, offers Contract Specialists roles in public services. They manage contracts for infrastructure and public projects. Working for King County allows specialists to impact their community while gaining valuable experience.


  8. KPMG
    Average Salary: $111,793
    KPMG provides Contract Specialists with roles in auditing and consulting services. They manage contracts for financial reporting and compliance. With offices worldwide, KPMG offers diverse opportunities for career growth.


  9. Chenega Corporation
    Average Salary: $110,895
    Chenega Corporation offers Contract Specialists roles in various sectors, including defense and healthcare. They manage contracts to ensure project success. The company operates nationwide, providing many opportunities for professional development.


  10. US Executive Office for U.S. Attorneys and the Office of the U.S. Attorneys
    Average Salary: $97,757
    The US Executive Office for U.S. Attorneys and the Office of the U.S. Attorneys offer Contract Specialists roles in legal and government services. They manage contracts related to law enforcement and justice. Working here provides a chance to contribute to public service with a focus on legal compliance.

How to earn more as a Contract Specialist?

A Contract Specialist can increase their earnings by focusing on several key areas. They should start by gaining more experience and expertise in contract management. This includes understanding different types of contracts and the negotiation process. Specialists can also benefit from obtaining certifications. These credentials can demonstrate their knowledge and skills to potential employers.

Networking plays a crucial role in earning more. Connecting with other professionals can lead to job opportunities and salary negotiations. Attending industry events and joining professional organizations can help. Specialists should also consider working for top companies or industries known for higher pay. Lastly, staying updated with industry trends can help in making informed decisions about career moves. This can lead to better job offers and higher salaries.

Here are five factors that can help a Contract Specialist earn more:

  1. Gain more experience and expertise in contract management.
  2. Obtain relevant certifications to demonstrate skills.
  3. Network with other professionals in the industry.
  4. Target top companies or high-paying industries.
  5. Stay updated with the latest industry trends and developments.

Currently 606 Contract Specialist job openings, nationwide.

How's the job market for a Contract Specialist in the US?

Learn what a Contract Specialist does, how to become one, and understand the job outlook. Get simple steps to start your career as a Contract Specialist today.
Position
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Contract Specialist
606 Job Openings