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
| 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
|
