Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Contract administrator/contract specialist hiring summary. Here are some key points about hiring contract administrator/contract specialists in the United States:
Here's a step-by-step contract administrator/contract specialist hiring guide:
A Contract Administrator and Contract Specialist reviews all contracts of the company. They are responsible for reviewing every contract if it is for the company's benefit and if there are hidden risks. This person also helps draft future contracts and inspects new contracts during deals and negotiations. Contract Specialists update existing contracts, propose amendments if necessary, and advise the company on contracts that have risks that may affect the activities of the company.
First, determine the employments status of the contract administrator/contract specialist you need to hire. Certain contract administrator/contract specialist roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A contract administrator/contract specialist's background is also an important factor in determining whether they'll be a good fit for the position. For example, contract administrator/contract specialists from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
The following list breaks down different types of contract administrator/contract specialists and their corresponding salaries.
| Type of Contract Administrator/Contract Specialist | Description | Hourly rate |
|---|---|---|
| Contract Administrator/Contract Specialist | Buyers and purchasing agents buy products and services for organizations to use or resell. They evaluate suppliers, negotiate contracts, and review the quality of products. | $16-37 |
| Purchasing Agent | A purchasing agent's general task is keeping purchase records and making sure that there won't be any discrepancies with the handling of orders. The purchasing agent should be responsible for the order processing and payment collection... Show more | $17-34 |
| Media Buyer | Media Buyers are marketing professionals who manage the company's advertisements. They create the company's media plan to determine the advertising needs of the company... Show more | $26-47 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Maryland | $71,307 | $34 |
| 2 | Virginia | $62,784 | $30 |
| 3 | Texas | $61,692 | $30 |
| 4 | Illinois | $60,229 | $29 |
| 5 | California | $59,701 | $29 |
| 6 | Florida | $59,449 | $29 |
| 7 | New Mexico | $58,463 | $28 |
| 8 | Pennsylvania | $57,255 | $28 |
| 9 | Missouri | $56,293 | $27 |
| 10 | Alabama | $56,026 | $27 |
| 11 | North Carolina | $54,712 | $26 |
| 12 | Washington | $54,419 | $26 |
| 13 | Michigan | $54,358 | $26 |
| 14 | Georgia | $52,946 | $25 |
| 15 | Nevada | $52,722 | $25 |
| 16 | Wisconsin | $51,965 | $25 |
| 17 | Ohio | $50,896 | $24 |
| 18 | South Carolina | $50,299 | $24 |
| 19 | Wyoming | $47,580 | $23 |
| 20 | Arizona | $47,085 | $23 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Jacobs Engineering Group | $78,949 | $37.96 | |
| 2 | Aerojet Rocketdyne | $78,097 | $37.55 | |
| 3 | The PNC Financial Services Group | $77,067 | $37.05 | 5 |
| 4 | Planate Management Group | $66,119 | $31.79 | |
| 5 | Stantec | $64,388 | $30.96 | 9 |
| 6 | Tkda | $61,895 | $29.76 | |
| 7 | National Renewable Energy Laboratory | $60,271 | $28.98 | 1 |
| 8 | Wolters Kluwer | $60,163 | $28.92 | |
| 9 | The Squires Group | $57,978 | $27.87 | |
| 10 | Rotech Healthcare | $57,296 | $27.55 | 2 |
| 11 | Peraton | $56,390 | $27.11 | 36 |
| 12 | First Commonwealth Bank | $55,611 | $26.74 | |
| 13 | Kuehne+Nagel | $55,053 | $26.47 | 2 |
| 14 | Altarum | $54,836 | $26.36 | |
| 15 | Alere | $54,704 | $26.30 | |
| 16 | Murraysmith | $54,635 | $26.27 | |
| 17 | Abbott | $54,614 | $26.26 | 9 |
| 18 | ScriptPro | $54,595 | $26.25 | |
| 19 | A & S Co | $54,366 | $26.14 | |
| 20 | CB Richard Ellis Memphis LLC | $54,366 | $26.14 |
A good contract administrator/contract specialist job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a contract administrator/contract specialist job description:
There are various strategies that you can use to find the right contract administrator/contract specialist for your business:
Your first interview with contract administrator/contract specialist candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best contract administrator/contract specialist candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
Once that's done, you can draft an onboarding schedule for the new contract administrator/contract specialist. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Before you start to hire contract administrator/contract specialists, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire contract administrator/contract specialists pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
The median annual salary for contract administrator/contract specialists is $53,425 in the US. However, the cost of contract administrator/contract specialist hiring can vary a lot depending on location. Additionally, hiring a contract administrator/contract specialist for contract work or on a per-project basis typically costs between $16 and $37 an hour.