Becoming a Contract Manager via Online Education?

At the very least, online education can help you lay a foundation and/or open up alternate career paths. American Intercontinental University is a US school (accredited) offering business management courses to train individuals to become top-notch business executives, businessmen, businesswomen, managers, acquisitions managers, conflict managers, negotiators, business administrators, business managers, 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 American Intercontinental University that provide online education are successfully launching workers into this field.

Typical Work Locations for a Contract Manager
  • Construction office
  • Real estate company
  • Retail store
  • Home
  • Consulting company
  • Professional service firm
  • Hospitals
  • Insurance company
  • Sports Association
  • Marketing office
Potential Advantages and Benefits of Working as a Contract Manager
  • Maintain professional demeanor
  • Ability to work with numbers efficiently
  • Focus on details
  • Monitor and review contracts
  • Critique paperwork of contractors
  • Approve or disapprove of submissions
  • Hire employees
  • Review employee work
  • High level of contact with other agencies
  • Receive discounts from working accounts
Potential Drawbacks
  • Resolve vendor or contractor grievances, and claims against suppliers
  • Maintain records of goods ordered and received
  • Resolve conflicts and negotiate with others
  • Communicate with people outside organization
  • Work primarily with computers
  • Monitor and control resources
  • Make frequent decisions
  • Spend time sitting
  • High stress tolerance needed
  • Required analytical thinking
Related Professions to Consider
  • Accounting Manager
  • Physician Contract Manager
  • Software Project Manager
  • Commercial And Contract Management
  • Financial Manager
  • Marketing Manager
  • Technical Mainframe Project Manager
  • Associate Contract Manager
  • Commercial Contract Manager
  • Purchasing Agent
Possible Interview Questions When Applying to be a Contract Manager
  • Why did you choose this profession?
  • What are your expectations of this job?
  • What do you like or dislike about your previous job?
  • What qualifies you for this job?
  • Do you work better in a group or individually?
  • What are your strengths and weaknesses?
  • What do people most often criticize about you?
  • Could you give some examples of teamwork?
  • What motivates you?
  • What are your salary expectations?
Common Collaborating Professions
  • Contract Administrator
  • Attorney
  • Human Resource Specialist
  • Procurement Clerk
  • Project Manager
  • Administrative Assistant
  • Security Contractor
  • Lawyer
  • Office Manager
  • Risk and Insurance Advisor
Contract Manager Training books Contract Manager (More) Popular books Potential Companies to Work For Common College Majors
  • Business Administration - Operations Management
  • Integrated Supply Chain and Operations Management
  • Supply Chain Management and Logistics
  • Business Management
  • Operations Management and Analysis
  • Organizational Management
  • Logistics Management
  • Acquisitions and Contract Management
  • Business Administration Acquisition
  • Acquisition Management

Contract Manager 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
STATEAverage Hourly WageAverage 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
STATEAverage Hourly WageAverage 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
STATEAverage Hourly WageAverage 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


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