Contracts Specialist Salary at Louisiana BETA

How much does a Louisiana Contracts Specialist make?

As of December 2024, the average annual salary for a Contracts Specialist at Louisiana is $95,565, which translates to approximately $46 per hour. Salaries for Contracts Specialist at Louisiana typically range from $85,410 to $106,870, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Louisiana Overview

Website:
louisiana.gov
Size:
15,000 - 50,000 Employees
Revenue:
$5B - $10B
Industry:
Edu., Gov't. & Nonprofit

Located in the states capital, Baton Rouge, Louisiana State University is home to one of the nations most dominant athletic programs. LSU offers more than 225 field of study, as well as several pre-health programs. Some of the most popular are biological sciences, kinesiology and mechanical engineering. LSUs study abroad program offers options in 50 countries. At LSU, 58% of the Class of 2018 did not borrow any student loans. The university awarded $53 million in financial aid and scholarships in 2017-18 and 85% of the students at LSU receive some form of financial assistance. Students at LSU can choose from over 500 student organizations and 36 Greek chapters on campus. About a quarter of students participate in Greek life. The school also hosts several campus events including Fall Fest, a school-pride celebration, and Homecoming. In the last few years, LSU has produced several first-round athletes including NBA player Ben Simmons, NFL player Leonard Fournette and MLB player Alex Lange. Other notable alumni and attendees include basketball legend Shaquille ONeal, NFL wide receiver Odell Beckham Jr. and the 38th Vice President of the U.S. Hubert Humphrey.

See similar companies related to Louisiana

What Skills Does a person Need at Louisiana?

At Louisiana, 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.

  1. Procurement: Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.
  2. Contract management: Managing agreements, from their creation to execution by the chosen party and the eventual termination of the contract.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  5. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

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Check more jobs information at Louisiana

Job Title Average Louisiana Salary Hourly Rate
2 Academic Specialist $56,393 $27
3 Accountant 1 $61,962 $30
4 Accountant 2 $72,001 $35
5 Accounting Coordinator $81,464 $39
6 Accounting Intern $49,424 $24
7 Accounting Services $44,313 $21
8 Admin Assistant $45,759 $22
9 Admin Supervisor $72,364 $35
10 Admin. Coordinator III $53,045 $26
11 Administrative $53,045 $26
12 Administrative Clerk $45,759 $22
13 Administrative Coordinator II $53,045 $26

Hourly Pay at Louisiana

The average hourly pay at Louisiana for a Contracts Specialist is $46 per hour. The location, department, and job description all have an impact on the typical compensation for Louisiana positions. The pay range and total remuneration for the job title are shown in the table below. Louisiana may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $95,565 look to you?

FAQ about Salary and Jobs at Louisiana

1. How much does Louisiana pay per hour?
The average hourly pay is $46. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Louisiana?
According to the data, the highest approximate salary is about $106,870 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Louisiana?
According to the data, the lowest estimated salary is about $85,410 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.