Position
Salary

How much does a Contracts Manager make?

The average salary for a Contracts Manager is $115,358 per year in the US.

A Contracts Manager plays a key role in ensuring that businesses and organizations meet their contractual obligations. This role involves negotiating contracts, managing agreements, and ensuring compliance with legal standards. The average yearly salary for a Contracts Manager is around $115,358. This figure reflects the importance of the role and the expertise required to manage contracts effectively.


The salary for Contracts Managers can vary based on experience, industry, and location. For instance, those with more experience or in high-demand industries may earn more. Here are some salary ranges for different percentiles:

  • 10th percentile: $60,050
  • 25th percentile: $70,955
  • 50th percentile: $92,764
  • 75th percentile: $125,477
  • 90th percentile: $158,191
These figures show that there is potential for growth in this career. As Contracts Managers gain experience and expertise, they can expect to see their salaries increase.

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What are the highest paying cities for a Contracts Manager?

Contracts Managers can find some of the best pay in Memphis, TN, where the average salary reaches $138,877. Tucson, AZ, and San Diego, CA, also offer high salaries for this role, with averages of $135,032 and $130,263, respectively. Other cities like Colorado Springs, CO, and Cleveland, OH, provide competitive salaries for Contracts Managers.
Graph displaying highest paying cities salaries for Contracts Manager jobs, highlighting Memphis, TN with the highest at $138,877 and Indianapolis, IN with the lowest at $119,958.
  1. Memphis, TN
    Average Salary: $138,877
    In Memphis, managing contracts involves working with a mix of local businesses and larger corporations. With a strong presence of industries like logistics and healthcare, professionals here enjoy diverse opportunities. Companies like FedEx and Baptist Memorial Health Care offer stable environments.
    Find Contracts Manager jobs in Memphis, TN


  2. Tucson, AZ
    Average Salary: $135,032
    Tucson offers a dynamic environment for contract management, with a focus on technology and aerospace. Raytheon and the University of Arizona provide significant opportunities. The city's growing tech scene adds to the appeal for professionals.
    Find Contracts Manager jobs in Tucson, AZ


  3. San Diego, CA
    Average Salary: $130,263
    San Diego is a hub for defense and biotech, making it ideal for contract managers. With companies like Qualcomm and Scripps Health, the city offers a robust job market. The coastal lifestyle adds to the overall appeal.
    Find Contracts Manager jobs in San Diego, CA


  4. Colorado Springs, CO
    Average Salary: $128,100
    Colorado Springs boasts a strong defense and aerospace sector, offering many opportunities for contract managers. With major employers like the U.S. Air Force Academy and Lockheed Martin, the city is a prime location for career growth.
    Find Contracts Manager jobs in Colorado Springs, CO


  5. Cleveland, OH
    Average Salary: $124,200
    In Cleveland, contract management roles are found in both manufacturing and healthcare sectors. Companies like Cleveland Clinic and Sherwin-Williams provide solid career paths. The city's revitalization efforts create a positive work environment.
    Find Contracts Manager jobs in Cleveland, OH


  6. Richmond, VA
    Average Salary: $124,109
    Richmond offers a mix of government and private sector opportunities for contract managers. With employers like the Virginia Department of Transportation and Dominion Energy, the city provides stability and growth potential.
    Find Contracts Manager jobs in Richmond, VA


  7. Sacramento, CA
    Average Salary: $121,892
    Sacramento, the state capital, offers a blend of government and private sector roles. With companies like Blue Shield of California and the State of California, professionals find diverse opportunities. The city's vibrant culture enhances the work experience.
    Find Contracts Manager jobs in Sacramento, CA


  8. Philadelphia, PA
    Average Salary: $121,395
    Philadelphia's rich history and diverse economy make it a great place for contract managers. With major employers like Comcast and the University of Pennsylvania, the city offers a dynamic work environment. The cultural scene adds to the appeal.
    Find Contracts Manager jobs in Philadelphia, PA


  9. Cincinnati, OH
    Average Salary: $120,017
    Cincinnati provides a mix of industry sectors for contract management roles. With companies like Procter & Gamble and the Cincinnati Children's Hospital, the city offers stability and growth. The affordable cost of living enhances the quality of life.
    Find Contracts Manager jobs in Cincinnati, OH


  10. Indianapolis, IN
    Average Salary: $119,958
    Indianapolis is known for its strong automotive industry, offering many opportunities for contract managers. With employers like Eli Lilly and the Indianapolis Colts, the city provides a vibrant work environment. The cost of living is also quite reasonable.
    Find Contracts Manager jobs in Indianapolis, IN

What are the best companies a Contracts Manager can work for?

Raytheon, KPMG, and Collins Aerospace offer some of the highest salaries for Contracts Managers. These companies provide competitive pay packages, making them attractive options for professionals in this field. BAE Systems USA, PCL Construction, and Eaton also offer strong compensation for Contracts Managers, ensuring job seekers can find rewarding opportunities.
Graph displaying best paying company salaries for Contracts Manager jobs, highlighting Raytheon with the highest at $159,627 and Amazon.com with the lowest at $108,179.
  1. Raytheon
    Average Salary: $159,627
    Raytheon offers Contracts Manager jobs with a focus on aerospace and defense. They operate in various locations, including the United States, the United Kingdom, and Australia. Their roles involve managing contracts for large-scale projects.


  2. KPMG
    Average Salary: $157,733
    KPMG provides Contracts Manager positions with a strong emphasis on consulting and advisory services. They have offices worldwide, including the United States, Canada, and the United Kingdom. Their roles focus on ensuring compliance and risk management in contracts.


  3. Collins Aerospace
    Average Salary: $154,059
    Collins Aerospace offers Contracts Manager jobs in the aerospace industry. They operate in the United States, Europe, and Asia. Their roles involve managing contracts for aircraft components and systems.


  4. BAE Systems USA
    Average Salary: $153,624
    BAE Systems USA provides Contracts Manager positions with a focus on defense and security. They have offices across the United States. Their roles involve managing contracts for military equipment and technology.


  5. PCL Construction
    Average Salary: $131,607
    PCL Construction offers Contracts Manager jobs in the construction industry. They operate in Canada and the United States. Their roles involve managing contracts for large-scale infrastructure projects.


  6. Eaton
    Average Salary: $129,500
    Eaton provides Contracts Manager positions with a focus on electrical and power management. They have offices worldwide, including the United States, Europe, and Asia. Their roles involve managing contracts for electrical systems and components.


  7. Leidos
    Average Salary: $125,925
    Leidos offers Contracts Manager jobs in the defense and health sectors. They operate in the United States and internationally. Their roles involve managing contracts for government and commercial projects.


  8. Amentum
    Average Salary: $120,454
    Amentum provides Contracts Manager positions with a focus on defense and government services. They have offices across the United States. Their roles involve managing contracts for various government contracts.


  9. Universal Engineering Sciences
    Average Salary: $119,909
    Universal Engineering Sciences offers Contracts Manager jobs in the engineering and consulting sectors. They operate in the United States and internationally. Their roles involve managing contracts for engineering projects.


  10. Amazon.com
    Average Salary: $108,179
    Amazon.com provides Contracts Manager positions with a focus on e-commerce and technology. They have offices worldwide, including the United States, Europe, and Asia. Their roles involve managing contracts for various business operations.

How to earn more as a Contracts Manager?

A Contracts Manager plays a key role in ensuring that companies and clients meet their obligations. This role can be very rewarding, especially when it comes to salary. Here are some ways to increase earnings in this field.

First, gaining more experience can lead to higher pay. Contracts Managers with several years of experience often earn more than those just starting out. Experience allows for better negotiation skills and understanding of complex contracts. Networking with other professionals can also open up higher-paying opportunities. Attending industry events and joining professional organizations can help build connections.

Second, obtaining additional certifications can boost earnings. Certifications such as Certified Professional Contracts Manager (CPCM) or Project Management Professional (PMP) can make a Contracts Manager more valuable. These credentials show a commitment to the profession and can lead to higher-paying jobs. Continuing education is important for staying competitive in the job market.

  1. Experience: More years in the field often lead to higher pay.
  2. Certifications: Additional certifications can make a Contracts Manager more valuable.
  3. Networking: Building connections can lead to higher-paying opportunities.
  4. Specialization: Focusing on a specific industry or type of contract can increase demand.
  5. Location: Working in areas with higher living costs can lead to higher salaries.

Currently 224 Contracts Manager job openings, nationwide.

How's the job market for a Contracts Manager in the US?

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