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The differences between contracts managers and senior contract administrators/contract administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a contracts manager and a senior contract administrator/contract administrator. Additionally, a contracts manager has an average salary of $72,691, which is higher than the $65,579 average annual salary of a senior contract administrator/contract administrator.
The top three skills for a contracts manager include contract management, contract administration and contract terms. The most important skills for a senior contract administrator/contract administrator are contract administration, proposal preparation, and contract management.
| Contracts Manager | Senior Contract Administrator/Contract Administrator | |
| Yearly salary | $72,691 | $65,579 |
| Hourly rate | $34.95 | $31.53 |
| Growth rate | -6% | -6% |
| Number of jobs | 13,218 | 61,918 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 64% |
| Average age | 47 | 48 |
| Years of experience | 6 | 6 |
Contracts managers and senior contract administrators/contract administrators have different pay scales, as shown below.
| Contracts Manager | Senior Contract Administrator/Contract Administrator | |
| Average salary | $72,691 | $65,579 |
| Salary range | Between $45,000 And $116,000 | Between $41,000 And $102,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Virginia |
| Best paying company | McKinsey & Company Inc | Urban Institute |
| Best paying industry | Technology | Finance |
There are a few differences between a contracts manager and a senior contract administrator/contract administrator in terms of educational background:
| Contracts Manager | Senior Contract Administrator/Contract Administrator | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between contracts managers' and senior contract administrators/contract administrators' demographics:
| Contracts Manager | Senior Contract Administrator/Contract Administrator | |
| Average age | 47 | 48 |
| Gender ratio | Male, 54.0% Female, 46.0% | Male, 49.6% Female, 50.4% |
| 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, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.7% White, 66.2% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 11% | 7% |