As of April 01, 2025, the average annual salary for an SVP of Contracts in the United States is $225,911. According to Salary.com, salaries can range from a low of $193,875 to a high of $304,098, with most professionals earning between $209,142 and $266,837.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $266,837 | $22,236 | $5,131 | $128 |
| Average | $225,911 | $18,826 | $4,344 | $109 |
| 25th Percentile | $209,142 | $17,429 | $4,022 | $101 |
An entry-level SVP of Contracts with less than 1 year of experience earns about $215,649. With 1-2 years of experience, the average salary increases to $217,151. For 2-4 years of experience, the pay typically rises to $218,402. Senior-level professionals with 5-8 years of experience earn around $220,405, and those with over 8 years of experience can expect an average of $222,908.
| 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 differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in SVP of Contracts compensation over the past six years. For example, the median salary increased from $207,946 in 2023 to approximately $209,289 in 2024. (For a detailed analysis of SVP of Contracts salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
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?
The average annual salary of SVP of Contracts is $225,911. In case you are finding an easy salary calculator, the average hourly pay of SVP of Contracts is $109; the average weekly pay of SVP of Contracts is $4,344; the average monthly pay of SVP of Contracts is $18,826.
An SVP of Contracts's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an SVP of Contracts earns the most in San Jose, CA, where the annual salary of an SVP of Contracts is $284,942.
The highest pay for SVP of Contracts is $304,098.
The lowest pay for SVP of Contracts is $193,875.
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.
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We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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