As of April 01, 2025, the average hourly pay of SVP of Contracts in the United States is $109. While Salary.com is seeing that the highest pay for SVP of Contracts in the US can go up to $146 and the lowest down to $93, but most earn between $101 and $128. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of SVP of Contracts in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $128 | $11 | $2 | $0 |
| Average | $109 | $9 | $2 | $0 |
| 25th Percentile | $101 | $8 | $2 | $0 |
As of April 01, 2025, Salary.com is seeing that an entry-level SVP of Contracts with under 1 year experience makes about $215,649. With less than 2 years of experience, a mid-level SVP of Contracts makes around $217,151. After 2-4 years, the SVP of Contracts pay rises to about $218,402. Those senior SVP of Contracts with 5-8 years of experience earn roughly $220,405, and those SVP of Contracts having 8 years or more experience is expected to earn about $222,908 on average.
| Levels | Salary |
|---|---|
| Entry Level SVP of Contracts | $215,649 |
| Intermediate Level SVP of Contracts | $217,151 |
| Senior Level SVP of Contracts | $218,402 |
| Specialist Level SVP of Contracts | $220,405 |
| Expert Level SVP of Contracts | $222,908 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 1% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of April 01, 2025, the average yearly salary of SVP of Contracts is $249,180 in California and in Massachusetts, the average annual salary goes to $245,859. While in New Jersey, an SVP of Contracts earns $244,865 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of April 01, 2025, the average yearly salary of SVP of Contracts in San Francisco, CA is $282,140 and in New York, NY, the average annual salary goes to $261,808. While an SVP of Contracts earns $251,959 per year in Boston, MA.
For those exploring the changing dynamics of SVP of Contracts salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of April 01, 2025, our research highlights a notable shift in SVP of Contracts compensation over the past six years. For instance, the median salary has moved from $207,946 in 2023 to about $209,289 in 2024 (for a comprehensive analysis of SVP of Contracts salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
Salary.com job board provides millions of SVP of Contracts information for you to search for. Click on search button below to see SVP of Contracts job openings or enter a new job title here.
Here are companies hiring for SVP of Contracts and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $225,911 | 74.8% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $13,729 | 4.5% | ||
| 401K/403B | $9,488 | 3.1% | ||
| Disability | $4,518 | 1.5% | ||
| Healthcare | $8,352 | 2.8% | ||
| Pension | $12,199 | 4.0% | ||
| Time Off | $27,804 | 9.2% | ||
| Total Compensation | $302,002 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.9% |
| High School | 0.9% |
| Associates | 2.7% |
| Bachelors | 29.1% |
| Masters | 41.8% |
| Doctorate | 24.5% |
What Am I Worth?
Directs and develops an organization's contracts administration function. Collaborates with legal team to ensure the preparation of proposals, negotiation processes, and contract administration follow company policies and adhere to legal requirements. Directs the development of policies and processes that govern the contract administration staff and provide guidance on contract terms and the assessment of contract proposals. Utilizes expert knowledge of the contract life cycle, types of contracts, and applicable government regulations to lead and develop strategies for negotiation of complex or high-value contracts to meet business objectives. Requires a bachelor's degree. Typically reports to top management. Manages a business unit, division, or corporate function with major organizational impact. Establishes/implements overall direction and strategic initiatives for the given major function or line of business. Typically requires 10+ years of progressive leadership experience. Has extensive knowledge of the overall departmental function.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Change Management: Change management (sometimes abbreviated as CM) is a collective term for all approaches to prepare , support and help individuals, teams, and organizations in making organizational change. The most common change drivers include: technological evolution, process reviews, crisis, and consumer habit changes; pressure from new business entrants, acquisitions, mergers, and organizational restructuring. It includes methods that redirect or redefine the use of resources, business process, budget allocations, or other modes of operation that significantly change a company or organization. Organizational change management (OCM) considers the full organization and what needs to change, while change management may be used solely to refer to how people and teams are affected by such organizational transition. It deals with many different disciplines, from behavioral and social sciences to information technology and business solutions.
