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Salary

How much does a Contracts Manager make?

The average salary for a Contracts Manager is $115,263 per year in the US.

A Contracts Manager plays a key role in overseeing contracts and agreements in various industries. This role involves ensuring that all contracts meet legal standards and organizational needs. According to recent salary data, the average yearly salary for a Contracts Manager is around $115,263. This figure can vary based on experience, location, and industry.

The salary for Contracts Managers can range widely. The lower end of the scale might start at about $57,137 for those just entering the field. On the higher end, experienced professionals can earn over $180,000 annually. Factors such as industry, company size, and geographic location greatly influence these figures. For example, those working in construction or technology might earn differently than those in healthcare or education.

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What are the highest paying cities for a Contracts Manager?

Contracts Managers can find good pay in many cities. Memphis, TN, leads with an average salary of $140,254. Other top-paying cities include Tucson, AZ, with $137,224 and Columbus, OH, with $133,293. Exploring job opportunities in these cities can help you find a rewarding position. Memphis and Tucson offer high salaries, but other cities are also attractive. San Diego, CA, pays $132,137, while Sacramento, CA, pays $128,672. Colorado Springs, CO, and Philadelphia, PA, also offer strong salaries around $128,000. These cities present good options for job seekers looking for both value and opportunity.
Graph displaying highest paying cities salaries for Contracts Manager jobs, highlighting Memphis, TN with the highest at $140,254 and Cincinnati, OH with the lowest at $125,856.
  1. Memphis, TN
    Average Salary: $140,254
    Memphis offers a dynamic environment for professionals in contract management. Notable companies like FedEx and AutoZone depend on skilled contract managers to ensure smooth operations. The city's growth and diverse industries create ample opportunities.
    Find Contracts Manager jobs in Memphis, TN


  2. Tucson, AZ
    Average Salary: $137,224
    Working in Tucson, you will find a balanced blend of smaller businesses and larger firms. Companies such as Raytheon and the University of Arizona look for adept contract managers to navigate their complex needs. The city’s expanding tech scene adds to the appeal.
    Find Contracts Manager jobs in Tucson, AZ


  3. Columbus, OH
    Average Salary: $133,293
    Columbus is home to a thriving business community with key players like Nationwide and Battelle. A contract manager here will manage agreements that drive the local economy. The city’s central location makes it a hub for business activities.
    Find Contracts Manager jobs in Columbus, OH


  4. Raleigh, NC
    Average Salary: $132,834
    Raleigh’s vibrant Research Triangle Park attracts tech giants like IBM and SAS. Contract managers in this area ensure that projects align with company goals. The city's innovative culture fosters career growth in contract management.
    Find Contracts Manager jobs in Raleigh, NC


  5. San Diego, CA
    Average Salary: $132,137
    San Diego’s diverse economy includes major companies such as Qualcomm and Scripps. Professionals here manage intricate contracts that require a keen eye for detail. The coastal lifestyle enhances work-life balance.
    Find Contracts Manager jobs in San Diego, CA


  6. Sacramento, CA
    Average Salary: $128,672
    In Sacramento, contract managers work with both state and local government entities. Firms like Nugget Markets and Raley's depend on them to handle large-scale agreements. The city's political hub offers unique contract opportunities.
    Find Contracts Manager jobs in Sacramento, CA


  7. Colorado Springs, CO
    Average Salary: $128,332
    Colorado Springs boasts a robust aerospace industry with employers like United Launch Alliance. Contract managers here are crucial in securing partnerships. The city’s scenic beauty adds to the allure of the job.
    Find Contracts Manager jobs in Colorado Springs, CO


  8. Philadelphia, PA
    Average Salary: $127,884
    Philadelphia’s rich industrial background features companies like Comcast and Aramark. Professionals here manage contracts that span multiple sectors. The city’s historical charm provides a unique backdrop to a dynamic career.
    Find Contracts Manager jobs in Philadelphia, PA


  9. Richmond, VA
    Average Salary: $126,668
    Richmond is known for its government and finance sectors. Key employers include Dominion Energy and Capital One. Contract managers in this area support critical government and corporate functions.
    Find Contracts Manager jobs in Richmond, VA


  10. Cincinnati, OH
    Average Salary: $125,856
    Cincinnati is a key player in the manufacturing sector. Companies like Procter & Gamble and Kroger rely on contract managers. The city’s central location and riverfront setting add to its appeal.
    Find Contracts Manager jobs in Cincinnati, OH

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

Top-tier companies like Northrop Grumman and Luster National offer competitive salaries for Contracts Managers, with averages reaching $166,425 and $163,000 respectively. Raytheon and KPMG also provide attractive compensation packages for this role. Companies like Collins Aerospace, BAE Systems USA, and Leidos are notable for their solid pay structures as well. Job seekers should consider these firms for excellent career opportunities in contract management.
Graph displaying best paying company salaries for Contracts Manager jobs, highlighting Northrop Grumman with the highest at $166,425 and Hays with the lowest at $104,163.
  1. Northrop Grumman
    Average Salary: $166,425
    Northrop Grumman offers Contracts Manager roles across the globe. The company operates in various locations, including the U.S., U.K., and Israel. They focus on defense and aerospace solutions, making it an exciting career choice.


  2. Luster National
    Average Salary: $163,000
    Luster National has a strong reputation in providing Contracts Manager positions. They offer a competitive salary and are located in major cities like New York, D.C., and California. They focus on finance and professional services.


  3. Raytheon
    Average Salary: $162,792
    Raytheon is a global leader in defense technology. Contracts Managers at Raytheon work in locations such as Texas, Arizona, and Virginia. They are involved in creating high-tech solutions for defense and government services.


  4. KPMG
    Average Salary: $159,120
    KPMG offers Contracts Manager jobs in a variety of locations across the U.S. and internationally. KPMG focuses on auditing, tax, and advisory services, providing a dynamic work environment for professionals.


  5. Collins Aerospace
    Average Salary: $157,400
    Collins Aerospace provides Contracts Manager positions with a focus on aerospace and defense. They operate in areas such as Ohio, Kansas, and California. They offer a stable environment with great benefits.


  6. BAE Systems USA
    Average Salary: $153,345
    BAE Systems USA is a leading defense contractor. Contracts Managers work in several states, including Virginia, Maryland, and California. They offer a rewarding career in creating defense solutions.


  7. Leidos
    Average Salary: $127,294
    Leidos provides Contracts Manager roles with a strong emphasis on technology and innovation. They are located in Virginia, Colorado, and California. They offer an engaging work environment with excellent growth opportunities.


  8. CACI International
    Average Salary: $118,512
    CACI International offers Contracts Manager positions focused on providing IT and defense services. They operate in Virginia, Colorado, and California. It is a great choice for those looking for stability and growth.


  9. Amazon.com
    Average Salary: $107,800
    Amazon provides Contracts Manager roles that offer a unique opportunity to work in a tech giant. They are headquartered in Seattle, Washington, and have offices worldwide. It is an exciting career choice for tech enthusiasts.


  10. Hays
    Average Salary: $104,163
    Hays offers Contracts Manager positions with a focus on recruitment and staffing. They operate in the U.S., U.K., and Australia. It is a great option for those looking to work in a diverse and dynamic environment.

How to earn more as a Contracts Manager?

Becoming a Contracts Manager with a higher salary can open many doors for career growth and financial stability. Focusing on key areas can help increase earning potential. Gaining advanced certifications can enhance skills and knowledge. Joining professional organizations offers networking opportunities and access to the latest industry trends. Leveraging technology can improve efficiency and productivity, which employers value. Pursuing leadership roles can provide more responsibility and higher pay. Taking on more complex projects can demonstrate expertise and dedication.

Expanding the scope of responsibilities can lead to salary increases. This includes managing larger budgets and more significant contracts. Seeking positions in high-demand industries can also raise earning potential. Continuously updating skills and knowledge through training and education is vital. Building a strong professional reputation can make a Contracts Manager more attractive to potential employers. Maintaining good relationships with clients and stakeholders can lead to better job opportunities and higher pay.

Consider the following factors to earn more as a Contracts Manager:

  1. Advanced Certifications: Obtain certifications like Certified Professional Contract Manager (CPCM) or Project Management Professional (PMP) to enhance credibility.
  2. Professional Organizations: Join groups like the International Association for Contract & Commercial Management (IACCM) for networking and resources.
  3. Technology Skills: Learn to use contract management software to increase efficiency and accuracy.
  4. Leadership Roles: Pursue roles such as Senior Contracts Manager or Director of Contracts for higher pay and responsibility.
  5. Complex Projects: Take on challenging projects to demonstrate expertise and dedication to the field.

Currently 447 Contracts Manager job openings, nationwide.

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Position
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Contracts Manager
447 Job Openings