As of August 01, 2026, the average salary for a Contracts Manager in Verona, MS is $116,760 per year, which breaks down to an hourly rate of $56.
However, a Contracts Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Contracts Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills, and company size can directly affect your earning potential.
Experience is a primary driver of a Contracts Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Contract Services Team Leader | 10+ years | $83,335 |
| Contract Services Senior Team Leader | 10+ years | $102,186 |
| Contracts Manager | 10+ years | $116,758 |
| Contract Administration Services Director | 10+ years | $156,329 |
| SVP of Contract Services | 10+ years | $213,610 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Negotiating | 5.58% |
| Business Development | 2.26% |
| Government Contracting | 1.47% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Workflow Management
|
$124,933 |
7%
|
|
Clinical Trial
|
$120,263 |
3%
|
|
Proposal Development
|
$120,263 |
3%
|
|
Process Improvement
|
$119,095 |
2%
|
|
Leadership
|
$119,095 |
2%
|
|
Government Contracting
|
$119,095 |
2%
|
Contracts Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $130,706. While startup companies pay approximate $110,574.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $110,574 |
| Growth Stage | 51~500 | $116,945 |
| Established | 501~5000 | $126,220 |
| Enterprise | 5000+ | $130,706 |
For Contracts Manager roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 20% above the average. In contrast, Contracts Manager positions in Transportation or Telecom typically offer lower base pay, as these industries often view Contracts Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $140,112 | $67.0 | 20% |
| Biotechnology | $134,274 | $65.0 | 15% |
| Business Services | $128,436 | $62.0 | 10% |
| Chemicals | $126,101 | $61.0 | 8% |
| Construction | $123,766 | $60.0 | 6% |
Understanding how a Contracts Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026For a Contracts Manager, the most direct path to higher earnings is advancing to the Contract Administration Services Director role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $156,400 - a projected growth of 34% over your current level.
Ready to take the next step in your career? Browse thousands of current Contracts Manager job openings on our job board. Use the search bar below to find your perfect match.
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