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Contracts administrator hiring summary. Here are some key points about hiring contracts administrators in the United States:
Here's a step-by-step contracts administrator hiring guide:
Contract administrators create and manage legal contracts from which the company participates. They ensure that all entities to the contract will accomplish their obligations, as indicated in the contract. They usually work for larger organizations that might be involved with different or highly complex contracts. These organizations spread across a range of industries, including government, construction, and healthcare. Their responsibilities include addressing any conflicts of questions regarding the contract, analyzing the possible risks posed by contracts, and working alongside the legal and procurement teams.
First, determine the employments status of the contracts administrator you need to hire. Certain contracts administrator roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A contracts administrator's background is also an important factor in determining whether they'll be a good fit for the position. For example, contracts administrators 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.
This list shows salaries for various types of contracts administrators.
| Type of Contracts Administrator | Description | Hourly rate |
|---|---|---|
| Contracts Administrator | 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 |
| Planner/Buyer | The role of buyers/planners is to ensure that office materials and equipment are well-supplied within their organization. They decide and purchase the materials needed for use or resale by their organization... Show more | $17-37 |
Including a salary range in your contracts administrator job description is one of the best ways to attract top talent. A contracts administrator can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $67,046 | $32 |
| 2 | California | $66,379 | $32 |
| 3 | Maryland | $64,477 | $31 |
| 4 | Virginia | $60,181 | $29 |
| 5 | Arizona | $58,356 | $28 |
| 6 | Oregon | $58,190 | $28 |
| 7 | Washington | $55,397 | $27 |
| 8 | Texas | $52,693 | $25 |
| 9 | Alabama | $51,342 | $25 |
| 10 | New York | $50,872 | $24 |
| 11 | Illinois | $50,108 | $24 |
| 12 | Colorado | $49,797 | $24 |
| 13 | Missouri | $49,768 | $24 |
| 14 | North Carolina | $49,087 | $24 |
| 15 | Florida | $48,631 | $23 |
| 16 | Minnesota | $48,301 | $23 |
| 17 | Oklahoma | $47,908 | $23 |
| 18 | Utah | $46,142 | $22 |
| 19 | Massachusetts | $44,800 | $22 |
| 20 | Kansas | $44,107 | $21 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Ngam Advisors, L.P. | $105,784 | $50.86 | 1 |
| 2 | Vista Equity Partners | $104,364 | $50.17 | |
| 3 | BP America Inc | $103,159 | $49.60 | |
| 4 | EquiLend | $101,982 | $49.03 | |
| 5 | Apple | $96,915 | $46.59 | |
| 6 | Sumitomo Mitsui Financial Group | $96,444 | $46.37 | |
| 7 | Urban Institute | $96,311 | $46.30 | |
| 8 | Parsons | $94,197 | $45.29 | 21 |
| 9 | REV Group | $93,168 | $44.79 | 1 |
| 10 | Astronics | $92,925 | $44.68 | 8 |
| 11 | HP | $92,662 | $44.55 | 12 |
| 12 | Ncar - The National Center For Atmospheric Research | $91,329 | $43.91 | 1 |
| 13 | Booz Allen Hamilton | $90,366 | $43.45 | 42 |
| 14 | Dolby Laboratories | $89,659 | $43.11 | |
| 15 | Argonne National Laboratory | $89,508 | $43.03 | 4 |
| 16 | Oracle | $87,113 | $41.88 | 326 |
| 17 | Boston Scientific | $87,097 | $41.87 | 2 |
| 18 | Maxim Healthcare Group | $84,124 | $40.44 | 27 |
| 19 | BioMed Realty | $84,093 | $40.43 | |
| 20 | Analog Devices | $82,375 | $39.60 | 5 |
A contracts administrator job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a contracts administrator job description:
To find the right contracts administrator for your business, consider trying out a few different recruiting strategies:
Your first interview with contracts administrator 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.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect contracts administrator candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Before you start to hire contracts administrators, 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 contracts administrators pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $52,876 per year for a contracts administrator, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for contracts administrators in the US typically range between $16 and $37 an hour.