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Salary and Benefits

Contract Negotiator
$50K-$62K / yr. (est.)
$51K
$56,613 / year
$62K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Contract Negotiator

What does a Contract Negotiator do?

As Contract Negotiators, we are responsible for evaluating contract agreements and documents, negotiating terms with clients and customers, and resolving contract disputes. We manage parties' business deals and ensure that the conditions adhere to the company guidelines and state regulations. Not only that, we should acquire a strong in-depth knowledge of many loans like FHA, VA and investors and review.

Core tasks:

  • drafting and negotiating all internal procurement, marketing agreements, consulting services agreements
  • assessing and supervising providers’ performance standards and contracts financial performance
  • managing day-to-day vendor issues like bill invoicing, pricing contract amendments and disputes
  • managing vendor on-boarding and off-boarding and determining cost saving opportunities and pricing optimization strategies

Insights

How Many Years of Experience Do Professionals Need Before Becoming Contract Negotiator?
On average, people work 5-7 years in other positions prior to becoming a Contract Negotiator.
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Contract NegotiatorMiami, FL - 11 months ago
🤔 Interesting! I wonder if there's a way to fast-track to this position?
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Contract NegotiatorSeattle, WA - 11 months ago
Well, that's why it's a highly skilled job. It takes time to become an expert!
How Long Do Contract Negotiator Employees Typically Stay in Their Roles?
On average, Contract Negotiators works in this position for 5+ years across multiple employers.
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Sales ExecutiveSan Francisco, CA - 11 months ago
I've seen many Contract Negotiators come and go, always looking for better deals or higher salaries. Loyalty is hard to come by in this industry.
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Procurement SpecialistDallas, TX - 11 months ago
contract negotiators always leaving is a problem - most do not fully understand the implications of long-lasting business relationships.
What Is the Job Hopper Score for Contract Negotiator Employees?
Moderate job changes in Contract Negotiator, showing some career movement without excessive turnover.
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Business Development ManagerNew York City, NY - 11 months ago
Contract Negotiator, huh? Well, as a Business Development Manager, my job is to bring in the deals, those negotiators just close the deal. 🤝
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Sales RepresentativeMiami, FL - 11 months ago
Contract Negotiators are overrated, I seal the deals with my charming personality. Can't beat that! 💼

Career path

Path to job

Discover a Contract Negotiator's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Contract Negotiator typically studied at.
Texas A&M University-Texarkana
University of Central Florida

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Contract Negotiator Employees?
Gender ratio in Contract Negotiator position: 0.551708110620497 Male and 0.448291889379503 Female. Age ratio in Contract Negotiator position: 16-20: 4%, 21-30: 57%, 31-40: 24%, 41-50: 10%, 51-60: 4%, 60+: 1%. Contract Negotiator position is predominantly male (55.2%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Contract NegotiatorBoston, MA - 11 months ago
Maybe younger individuals are more attracted to this field because of the fast-paced nature and opportunities for growth. 🚀
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Contract NegotiatorSan Francisco, CA - 11 months ago
It could also be because companies prefer hiring younger people to negotiate deals as they might have fresh perspectives and energy. 🌟

Workplaces

Who Are the Top Employers for Contract Negotiator?
Top employers of Contract Negotiator position: Aetna, a CVS Health Company, Centene Corporation, Lockheed Martin Corporation. People who work in Contract Negotiator position most typically go on to work for the Aetna, a CVS Health Company.
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Contract NegotiatorHouston, TX - 11 months ago
I disagree, Aetna may be well-known, but Lockheed Martin is really where the exciting work happens! They're cutting edge and perfect for those who want a challenge.
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Contract NegotiatorPhiladelphia, PA - 11 months ago
I have to disagree, Centene Corporation is the top employer to work for. They have a diverse range of contract opportunities and prioritize employee development.
Aetna, a CVS Health Company
Centene Corporation
Lockheed Martin Corporation
What Industries Does Contract Negotiator Typically Have Experience In?
Industry Background: The most typical industries of Contract Negotiator: Transportation & Warehousing, Finance & Insurance, Information Technology, Manufacturing, Public Administration. Contract Negotiator employees most likely come from a Transportation & Warehousing industry background.
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Contract NegotiatorNew York City, NY - 11 months ago
In the information technology field, contract negotiators play a critical role in ensuring that service level agreements (SLAs) are met and that all parties are held accountable. It's no cakewalk, that's for sure!
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Contract NegotiatorDallas, TX - 11 months ago
hey, i thought Contract Negotiators worked in Public Administration, dealing with government contracts? can someone clarify?

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Discussion about Contract Negotiator

Want to know more about Contract Negotiator position?
Share your thoughts and ideas about Contract Negotiator position with others in our community.
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Do a lot of women work as a Contract Negotiator?
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Isabella Holmes3 years ago
This is a well balanced profession, about half of the people are women.
What is the most common age of a Contract Negotiator?
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Isabella Holmes3 years ago
31 is the average age of people working as a Contract Negotiator.
How much experience do you need to work as a Contract Negotiator?
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Benjamin Gardner3 years ago
On average, people have 6 years of experience when they start working as a Contract Negotiator
Which industries are highly likely to employ a Contract Negotiator?
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Isabella Holmes3 years ago
Transportation & Warehousing is the most frequent for a Contract Negotiator.
What kind of degree is needed to work as a Contract Negotiator?
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Sophie Hayes3 years ago
A Bachelor of Science degree could not hurt if you want to be a Contract Negotiator
Where are you working as a Contract Negotiator?
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Liam Brown3 years ago
Working as a Contract Negotiator it might be a good next step to work for Aetna, a CVS Health Company, Centene Corporation, Lockheed Martin Corporation, Raytheon and United States Air Force
How long do you usually work as a Contract Negotiator before changing to another position?
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Liam Brown3 years ago
You should work for more than 5 years before considering changing to another role.
How frequently people change companies if they work as a Contract Negotiator?
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Sophie Hayes3 years ago
The job hopper score is medium for a Contract Negotiator.
What work history do people usually have before becoming a Contract Negotiator?
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Benjamin Gardner3 years ago
You have a good chance of becoming a Contract Negotiator if you are working as Contract Administrator, Contract Specialist or Financial Analyst
Working as a Contract Negotiator what job titles should I consider to switch to?
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Liam Brown3 years ago
Changing from a Contract Negotiator to Contracting Officer, Contract Administrator or Financial Analyst is a typical career path.
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