Becoming a Contract Administrator via Online Education?
At the very least, online education can help you lay a foundation and/or open up alternate career paths.
Ashford University, one of the highest ranking online
schools,
is a US school (accredited) offering business administration courses to train individuals
to become top-notch
business administration professors,
business leaders,
business executives,
business administrators,
chief executive officers,
executive vice presidents, etc.
Currently, according to the US Bureau of Labor Statistics there are 35,630 people employed as
compensation and benefits managers alone in America, and their average annual salary is
$95,230.
Human resources managers make on average $105,510
per year and there are about 62,990
of them employed today.
Colleges and universities like Ashford University that provide online education are successfully launching workers into
this
field.
Typical Work Locations for a Contract Administrator
- Government office
- Hospital
- University
- Construction company
- Accounting firm
- Manufacturing company
- Energy provider
- Investment firm
- Research institution
- Biotechnology company
Potential Advantages and Benefits of Working as a Contract Administrator
- Establish and maintain interpersonal relationships
- Represent companies in negotiating contracts
- Work in team environment
- Use computer and wide variety of software
- Indoor work
- File and retrieve corporate documents, records, and reports
- Think critically
- Make decisions and solve problems
- Work collaboratively
- Freedom to make decisions
Potential Drawbacks
- Importance of being exact and accurate
- Requires excellent oral and written communication skills
- Repetitive tasks
- Requires aptitude for working with computers
- Requires good organization skills
- Use strong reasoning ability
- Knowledge of laws and government
- Requires attention to detail
- Frequency of decision making
- Spend time sitting
Related Professions to Consider
- Secretary
- Pensions Administrator
- Purchasing Agent
- Financial Adviser
- Administrative Assistant
- Management Analyst
- Risk and Insurance Adviser
- Project Manager
- Office Manager
- Human Resource Specialist
Possible Interview Questions When Applying to be a Contract Administrator
- What experience have you had in contract negotiations?
- What questions should you ask prior to hiring a consultant?
- In which situations would you use a fixed price contract versus a price and time contract?
- What is your educational background?
- What factors would you consider in determining the appropriate hourly rate on a contract?
- How do you handle conflict resolution?
- What are your weaknesses and strengths?
- Tell us about a contract that you have successfully administered.?
- Why are you interested in this organization?
- Do you prefer to work independently or on a team?
Common Collaborating Professions
- Secretary
- Human Resource Specialist
- Procurement Clerk
- Municipal Clerk
- Management Analyst
- Training and Development Manager
- Transportation Manager
- Lawyer
- Medical and Health Service Manager
- Administrative Assistant
Contract Administrator Training books
Contract Administrator (More) Popular books
Potential Companies to Work For
Common College Majors
- Human Relations
- Principles of Contracts
- Communications
- Contractual Provisions Affecting Implementation
- Political Science
- Economics
- Dispute Resolution
- Mathematics
- Risk Allocation
- Claims and Change Orders
Contract Administrator Salary Information
Category: Compensation and benefits managers
| Total # Employed in the US |
35,630 |
| Average Hourly Wage: |
$45.78/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $24.32 |
$31.97 |
$42.33 |
$55.37 |
$71.34 |
|
| Average Yearly Salary |
$95,230 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $50,590 |
$66,510 |
$88,050 |
$115,180 |
$148,390 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 2.3% |
12.5% |
21.7% |
7.4% |
36.3% |
17.8% |
2.0% |
|
Compensation and benefits managers — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
|---|
| Virginia |
$65.33/hr
|
$135,900
|
| North Dakota |
$58.4/hr
|
$121,470
|
| Nebraska |
$57.28/hr
|
$119,130
|
| Oklahoma |
$54.17/hr
|
$112,670
|
| Missouri |
$52.69/hr
|
$109,600
|
| Hawaii |
$51.61/hr
|
$107,350
|
| Colorado |
$50.72/hr
|
$105,500
|
| Oregon |
$50.66/hr
|
$105,380
|
| District of Columbia |
$50.39/hr
|
$104,810
|
| Connecticut |
$49.14/hr
|
$102,210
|
| Utah |
$47.7/hr
|
$99,210
|
| Wyoming |
$47.38/hr
|
$98,560
|
| New Hampshire |
$46.52/hr
|
$96,760
|
| Idaho |
$46.2/hr
|
$96,100
|
| Montana |
$45.06/hr
|
$93,730
|
| Florida |
$43.92/hr
|
$91,350
|
| Tennessee |
$43.17/hr
|
$89,790
|
| South Carolina |
$42.44/hr
|
$88,280
|
| New Mexico |
$41.26/hr
|
$85,830
|
| Arkansas |
$41.24/hr
|
$85,790
|
| Mississippi |
$41.22/hr
|
$85,740
|
| Puerto Rico |
$41.18/hr
|
$85,640
|
| North Carolina |
$40.75/hr
|
$84,750
|
| California |
$40.42/hr
|
$84,070
|
| Delaware |
$40.41/hr
|
$84,040
|
| Kansas |
$40.15/hr
|
$83,510
|
| Maine |
$40.1/hr
|
$83,410
|
| New Jersey |
$39.17/hr
|
$81,480
|
| Alabama |
$38.79/hr
|
$80,670
|
| Guam |
$37.92/hr
|
$78,880
|
| Washington |
$37.75/hr
|
$78,530
|
| Michigan |
$37.63/hr
|
$78,280
|
| Kentucky |
$37.31/hr
|
$77,600
|
| New York |
$37.28/hr
|
$77,550
|
| Louisiana |
$36.98/hr
|
$76,920
|
| Pennsylvania |
$36.07/hr
|
$75,040
|
| Ohio |
$35.48/hr
|
$73,790
|
| Indiana |
$35.19/hr
|
$73,180
|
| Massachusetts |
$34.87/hr
|
$72,530
|
| Iowa |
$34.74/hr
|
$72,250
|
| Nevada |
$34.16/hr
|
$71,050
|
| Wisconsin |
$33.85/hr
|
$70,400
|
| Maryland |
$33.35/hr
|
$69,370
|
| South Dakota |
$29.81/hr
|
$61,990
|
Category: Human resources managers, all other
| Total # Employed in the US |
62,990 |
| Average Hourly Wage: |
$50.73/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $28.12 |
$35.81 |
$46.42 |
$61.19 |
$78.98 |
|
| Average Yearly Salary |
$105,510 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $58,490 |
$74,480 |
$96,550 |
$127,270 |
$164,270 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 2.3% |
12.5% |
21.7% |
7.4% |
36.3% |
17.8% |
2.0% |
|
Human resources managers, all other — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
|---|
| District of Columbia |
$66.34/hr
|
$137,990
|
| North Dakota |
$62/hr
|
$128,960
|
| Florida |
$60.83/hr
|
$126,530
|
| Colorado |
$58.87/hr
|
$122,450
|
| Missouri |
$58.49/hr
|
$121,660
|
| Wyoming |
$54.34/hr
|
$113,030
|
| Virginia |
$54.02/hr
|
$112,360
|
| Nebraska |
$53.58/hr
|
$111,440
|
| Mississippi |
$53.54/hr
|
$111,370
|
| Connecticut |
$52.46/hr
|
$109,120
|
| Oklahoma |
$51.71/hr
|
$107,550
|
| Kansas |
$51.67/hr
|
$107,480
|
| Oregon |
$51.6/hr
|
$107,320
|
| Delaware |
$51.38/hr
|
$106,880
|
| Utah |
$51.29/hr
|
$106,680
|
| Tennessee |
$50.1/hr
|
$104,210
|
| South Carolina |
$50.03/hr
|
$104,050
|
| Montana |
$50.03/hr
|
$104,060
|
| Puerto Rico |
$49.9/hr
|
$103,790
|
| North Carolina |
$49.35/hr
|
$102,640
|
| New Hampshire |
$48.63/hr
|
$101,150
|
| Idaho |
$48.62/hr
|
$101,130
|
| Louisiana |
$46.08/hr
|
$95,840
|
| Hawaii |
$45.07/hr
|
$93,740
|
| Alaska |
$44.65/hr
|
$92,860
|
| New York |
$43.89/hr
|
$91,300
|
| Nevada |
$43.74/hr
|
$90,980
|
| Washington |
$43.22/hr
|
$89,890
|
| Alabama |
$43.14/hr
|
$89,740
|
| Maine |
$43.02/hr
|
$89,480
|
| Guam |
$42.08/hr
|
$87,520
|
| New Mexico |
$41.81/hr
|
$86,970
|
| Maryland |
$40.68/hr
|
$84,620
|
| Arkansas |
$40.56/hr
|
$84,360
|
| Wisconsin |
$40.09/hr
|
$83,380
|
| California |
$40/hr
|
$83,200
|
| Indiana |
$39.42/hr
|
$82,000
|
| Kentucky |
$39.19/hr
|
$81,510
|
| Iowa |
$39.07/hr
|
$81,260
|
| West Virginia |
$38.69/hr
|
$80,480
|
| Michigan |
$38.67/hr
|
$80,440
|
| Pennsylvania |
$36.82/hr
|
$76,580
|
| Ohio |
$35.46/hr
|
$73,760
|
| New Jersey |
$34.66/hr
|
$72,080
|
| Massachusetts |
$34/hr
|
$70,710
|
| South Dakota |
$29.29/hr
|
$60,930
|
Category: Business operations specialists, all other
| Total # Employed in the US |
1,036,450 |
| Average Hourly Wage: |
$31.71/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $15.77 |
$21.27 |
$29.14 |
$39.05 |
$50.65 |
|
| Average Yearly Salary |
$65,960 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $32,800 |
$44,240 |
$60,610 |
$81,220 |
$105,350 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 1.9% |
15.5% |
23.1% |
11.6% |
32.3% |
12.9% |
2.7% |
|
Business operations specialists, all other — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
|---|
| Florida |
$41.93/hr
|
$87,210
|
| Mississippi |
$36.61/hr
|
$76,160
|
| Montana |
$35.28/hr
|
$73,380
|
| Alaska |
$34.51/hr
|
$71,790
|
| Oklahoma |
$34.42/hr
|
$71,590
|
| Alabama |
$34.24/hr
|
$71,230
|
| Delaware |
$33.67/hr
|
$70,030
|
| Connecticut |
$33.23/hr
|
$69,120
|
| Colorado |
$33.23/hr
|
$69,110
|
| North Dakota |
$33.19/hr
|
$69,030
|
| Missouri |
$32.88/hr
|
$68,390
|
| Idaho |
$32.87/hr
|
$68,380
|
| Wyoming |
$32.76/hr
|
$68,150
|
| Utah |
$32.5/hr
|
$67,600
|
| Ohio |
$32.27/hr
|
$67,130
|
| Virginia |
$31.54/hr
|
$65,600
|
| Kansas |
$30.71/hr
|
$63,880
|
| Maine |
$30.63/hr
|
$63,700
|
| Arkansas |
$30.53/hr
|
$63,500
|
| Puerto Rico |
$30.27/hr
|
$62,970
|
| Guam |
$30.19/hr
|
$62,800
|
| Wisconsin |
$30.09/hr
|
$62,590
|
| South Dakota |
$30.02/hr
|
$62,440
|
| Oregon |
$29.67/hr
|
$61,710
|
| Hawaii |
$29.45/hr
|
$61,260
|
| West Virginia |
$29.44/hr
|
$61,230
|
| Pennsylvania |
$29.4/hr
|
$61,150
|
| District of Columbia |
$29.34/hr
|
$61,030
|
| South Carolina |
$29.25/hr
|
$60,850
|
| Indiana |
$29.17/hr
|
$60,680
|
| New Hampshire |
$29.06/hr
|
$60,450
|
| Kentucky |
$28.81/hr
|
$59,910
|
| New Mexico |
$28.31/hr
|
$58,880
|
| Nevada |
$28.03/hr
|
$58,310
|
| New York |
$27.98/hr
|
$58,210
|
| Michigan |
$27.88/hr
|
$57,980
|
| California |
$27.73/hr
|
$57,680
|
| Tennessee |
$27.72/hr
|
$57,660
|
| Maryland |
$27.69/hr
|
$57,590
|
| Iowa |
$26.92/hr
|
$55,980
|
| Washington |
$26.91/hr
|
$55,970
|
| North Carolina |
$26.57/hr
|
$55,270
|
| Massachusetts |
$26.38/hr
|
$54,880
|
| New Jersey |
$25.67/hr
|
$53,400
|
| Louisiana |
$25.52/hr
|
$53,090
|
| Nebraska |
$25.5/hr
|
$53,040
|
