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Contract directors are in charge of negotiating, maintaining, and updating commercial contracts. They must establish contacts with outside businesses and develop contracts that meet the financial and professional goals of the business. They must develop and maintain multiple contracts at a time with local, national, and international businesses.
Their duties in this capacity include negotiating contracts and proposals with internal teams and customers and resolving risks and problems and non-compliance issues. In addition, they ensure that contracts are in compliance with laws and organizational policies and oversee maintenance and compliance with existing contracts. Essential skills required include leadership, negotiation, interpersonal, and communication. Employers generally require a bachelor's degree in a related field such as law or business administration; however, a master's degree is preferred, along with over five years of experience.
The average hourly salary for the position is $46.05, which amounts to $95,774 annually.
Avg. Salary $73,351
Avg. Salary $59,228
Growth rate -6%
Growth rate 0.3%
American Indian and Alaska Native 0.30%
Asian 7.37%
Black or African American 8.96%
Hispanic or Latino 12.12%
Unknown 3.81%
White 67.43%
Genderfemale 41.86%
male 58.14%
Age - 47American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 47Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
| Skills | Percentages |
|---|---|
| Contract Management | 7.76% |
| Oversight | 6.36% |
| Contract Terms | 6.12% |
| Strong Analytical | 5.91% |
| Contract Administration | 5.71% |
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Now it's time to start searching for a contracts director job. Consider the tips below for a successful job search:

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The average contracts director salary in the United States is $73,351 per year or $35 per hour. Contracts director salaries range between $46,000 and $116,000 per year.
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