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The differences between contracts managers and construction managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a contracts manager, becoming a construction manager takes usually requires 6-8 years. Additionally, a construction manager has an average salary of $81,313, which is higher than the $72,691 average annual salary of a contracts manager.
The top three skills for a contracts manager include contract management, contract administration and contract terms. The most important skills for a construction manager are project management, construction management, and construction projects.
| Contracts Manager | Construction Manager | |
| Yearly salary | $72,691 | $81,313 |
| Hourly rate | $34.95 | $39.09 |
| Growth rate | -6% | 8% |
| Number of jobs | 13,218 | 44,431 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 61% |
| Average age | 47 | 46 |
| Years of experience | 6 | 8 |
A contract manager is responsible for finalizing contract agreements between the company and its clients, revising documents, creating procurement proposals, and managing breach of contracts immediately. Contract managers respond to clients' inquiries and concerns about the contract's terms, conditions, and adjustment requests. They should be highly knowledgeable with legal terms and legislation regulations, ensuring that documents align with their objectives. The contract manager should also stay updated with the latest trends to meet contract demands, identify more business opportunities to boost revenues, and achieve profitability goals.
A construction manager oversees a construction site and its workers, ensuring efficiency in the workforce and overall operations. They work in an office within the construction site to meet and coordinate with architects, contractors, and clients. They must also hire the required workforce, identify and resolve issues, maintain daily reports and communication with clients, and prioritize a safe work environment. Above all, they must see that all of the required protocols are met, including the target completion time and budget.
Contracts managers and construction managers have different pay scales, as shown below.
| Contracts Manager | Construction Manager | |
| Average salary | $72,691 | $81,313 |
| Salary range | Between $45,000 And $116,000 | Between $54,000 And $120,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Hawaii |
| Best paying company | McKinsey & Company Inc | Meta |
| Best paying industry | Technology | Technology |
There are a few differences between a contracts manager and a construction manager in terms of educational background:
| Contracts Manager | Construction Manager | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | Stanford University | California Polytechnic State University-San Luis Obispo |
Here are the differences between contracts managers' and construction managers' demographics:
| Contracts Manager | Construction Manager | |
| Average age | 47 | 46 |
| Gender ratio | Male, 54.0% Female, 46.0% | Male, 92.0% Female, 8.0% |
| Race ratio | Black or African American, 9.0% Unknown, 3.8% Hispanic or Latino, 12.2% Asian, 7.4% White, 67.2% American Indian and Alaska Native, 0.3% | Black or African American, 3.6% Unknown, 4.4% Hispanic or Latino, 17.0% Asian, 2.8% White, 71.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 11% | 4% |