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Salary and Benefits

Contract Specialist
$47K-$58K / yr. (est.)
$48K
$53,275 / year
$59K
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 Specialist

What does a Contract Specialist do?

We, contract specialists, draft, write and review contractual agreements. We plan on the terms of the contract between the company and its suppliers. Other than preparing contracts, we negotiate on the terms and analyze the offers. As contract specialists, we assess the performance of the current contract and identify if there is a need to make changes or bring legal improvements to it. Also, we act as a liaison between the company and the external contractors and handle the problems raised due to the breach of contracts.

Core tasks:

  • editing and modifying the contract between the company and clients
  • communicating the terms of agreements to staff
  • developing the procurement proposals and policies

Insights

How Many Years of Experience Do Professionals Need Before Becoming Contract Specialist?
On average, people work 5-7 years in other positions prior to becoming a Contract Specialist.
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Contract SpecialistChicago, IL - A year ago
7 years? Seriously? 😡 By the time you become a contract specialist, you'll be so burnt out that you'll just wanna quit!
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Contract SpecialistAtlanta, GA - A year ago
Y'all need to calm down! 5-7 years is just fine. Some things take time. Just be patient and learn from each position.
How Long Do Contract Specialist Employees Typically Stay in Their Roles?
On average, Contract Specialists works in this position for 3-5 years across multiple employers.
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Procurement AnalystHouston, TX - A year ago
Contract specialists move around for better salaries and greater challenging opportunities. 💪
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Legal CounselPhiladelphia, PA - A year ago
The turnover might result from a demanding work environment and the increasing complexity of contracts. 😫
What Is the Job Hopper Score for Contract Specialist Employees?
Frequent job changes in Contract Specialist, indicating a willingness to change companies and roles more frequently.
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Business Development CoordinatorHouston, TX - A year ago
😣 It's so frustrating to compete against Contract Specialists who jump from one opportunity to another. It's unfair!
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Project ManagerMiami, FL - A year ago
hm, I wonder if the high turnover rate is due to the lack of career growth in this position. 🤔

Career path

Path to job

Discover a Contract Specialist's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Contract Specialist typically studied at.
Community College of the Air Force
Defense Acquisition University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Contract Specialist Employees?
Gender ratio in Contract Specialist position: 0.508806103400698 Male and 0.491193896599302 Female. Age ratio in Contract Specialist position: 16-20: 7%, 21-30: 64%, 31-40: 19%, 41-50: 7%, 51-60: 3%, 60+: 0%. Contract Specialist position is predominantly male (50.9%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Contract SpecialistMiami, FL - A year ago
Hmph! Contract Specialist being male-dominated? We need more female power in this field! 💪
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Contract SpecialistSeattle, WA - A year ago
What's the deal with Contract Specialist positions, mostly being occupied by people in their 20s and 30s? Where's the older wisdom?! 👵

Workplaces

Who Are the Top Employers for Contract Specialist?
Top employers of Contract Specialist position: Defense Logistics Agency, U.S. Army Contracting Command, United States Air Force. People who work in Contract Specialist position most typically go on to work for the Defense Logistics Agency.
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Contract SpecialistPhiladelphia, PA - A year ago
Why limit ourselves to the Defense Logistics Agency? We should explore prospects in other sectors as well.
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Contract SpecialistPhoenix, AZ - A year ago
Working for the military can be rewarding, but are there opportunities to work with other government agencies as a Contract Specialist?
Defense Logistics Agency
U.S. Army Contracting Command
United States Air Force
What Industries Does Contract Specialist Typically Have Experience In?
Industry Background: The most typical industries of Contract Specialist: Public Administration, Manufacturing, Information Technology, Professional / Scientific / Technical, Health Care. Contract Specialist employees most likely come from a Public Administration industry background.
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Contract SpecialistDallas, TX - A year ago
Who cares about industries when it comes to being a Contract Specialist?! The job itself is just a never-ending cycle of negotiations and endless contracts. It's exhausting! 💤
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Contract SpecialistNew York City, NY - A year ago
As a Contract Specialist in the Health Care industry, I can tell you that the pressure is real. Dealing with critical contracts and patient care is not for the faint-hearted! 💉

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Discussion about Contract Specialist

Want to know more about Contract Specialist position?
Share your thoughts and ideas about Contract Specialist position with others in our community.
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What is the women/men ratio in the job of Contract Specialist?
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Sophie Hayes3 years ago
The women/men ratio is well balanced.
What is the typical age of people who work as a Contract Specialist?
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Liam Brown3 years ago
28 is the average age of people working as a Contract Specialist.
How many years of experience do you usually have as a Contract Specialist?
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Isabella Holmes3 years ago
On average, people have 6 years of experience when they start working as a Contract Specialist
Which industries have a lot of people working in Contract Specialist roles?
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Benjamin Gardner3 years ago
Public Administration is the most probable for a Contract Specialist to work in.
What kind of degree is needed to work as a Contract Specialist?
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Liam Brown3 years ago
A Bachelor of Science degree could not hurt if you want to be a Contract Specialist
Which company are you working for as a Contract Specialist?
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Isabella Holmes3 years ago
If you are a Contract Specialist you should definitely apply for Defense Logistics Agency, United States Air Force, United States Department of Defense, U.S. Army Contracting Command and US Department of Veterans Affairs
How many years do people work as a Contract Specialist before changing their role?
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Sophie Hayes3 years ago
A Contract Specialist typically changes positions after 4 years.
How likely is it for people working as a Contract Specialist to switch companies still working as a Contract Specialist?
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Isabella Holmes3 years ago
A Contract Specialist is likely to work for multiple companies as a Contract Specialist.
What do people usually work as before switching to Contract Specialist?
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Sophie Hayes3 years ago
You have a good chance of becoming a Contract Specialist if you are working as Contract Administrator, Contracting Officer or Buyer
Working as a Contract Specialist what job titles should I consider to switch to?
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Liam Brown3 years ago
Changing from a Contract Specialist to Contracting Officer, Contract Administrator or Senior Contract Specialist is a typical career path.
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