Contracts Coordinator Salary at Mayo Clinic Health System BETA

How much does a Mayo Clinic Health System Contracts Coordinator make?

As of December 2024, the average annual salary for a Contracts Coordinator at Mayo Clinic Health System is $66,991, which translates to approximately $32 per hour. Salaries for Contracts Coordinator at Mayo Clinic Health System typically range from $58,638 to $77,087, 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.

Mayo Clinic Health System Overview

Website:
mayoclinichealthsystem.org
Size:
>50,000 Employees
Revenue:
$10B - $50B
Industry:
Healthcare

Mayo Clinic is a nonprofit organization committed to innovation in clinical practice, education and research, and providing compassion, expertise and answers to everyone who needs healing. Visit the Mayo Clinic News Network for additional Mayo Clinic news. For information on COVID-19, including Mayo Clinic's Coronavirus Map tracking tool, which has 14-day forecasting on COVID-19 trends, visit the Mayo Clinic COVID-19 Resource Center.

See similar companies related to Mayo Clinic Health System

What Skills Does a person Need at Mayo Clinic Health System?

At Mayo Clinic Health System, 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. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Contract management: Managing agreements, from their creation to execution by the chosen party and the eventual termination of the contract.
  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. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

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Check more jobs information at Mayo Clinic Health System

Job Title Average Mayo Clinic Health System Salary Hourly Rate
2 Administrative Assistant Hospice $38,686 $19
3 Administrative Specialist $71,946 $35
4 Administrative Support Services $43,993 $21
5 Administrator $59,836 $29
6 Ambulatory Care Nurse $133,879 $64
7 AP Specialist $63,289 $30
8 Medical Doctor, Hematology and Oncology $381,461 $183
9 Medical Lab Technician $55,410 $27
10 Medical Specialist $55,213 $27
11 Mgr-Pharmacy $191,844 $92
12 Neurodiagnostics Technologist $320,529 $154
13 Neurologist $320,529 $154

Hourly Pay at Mayo Clinic Health System

The average hourly pay at Mayo Clinic Health System for a Contracts Coordinator is $32 per hour. The location, department, and job description all have an impact on the typical compensation for Mayo Clinic Health System positions. The pay range and total remuneration for the job title are shown in the table below. Mayo Clinic Health System may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $66,991 look to you?

FAQ about Salary and Jobs at Mayo Clinic Health System

1. How much does Mayo Clinic Health System pay per hour?
The average hourly pay is $32. 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 Mayo Clinic Health System?
According to the data, the highest approximate salary is about $77,087 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 Mayo Clinic Health System?
According to the data, the lowest estimated salary is about $58,638 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.