What is the highest and lowest pay for Vice President of Contracts?

As of December 01, 2024, the average annual pay of Vice President of Contracts in Passaic, NJ is $292,790. While Salary.com is seeing that the highest pay for Vice President of Contracts in Passaic, NJ can go up to $404,742 and the lowest down to $203,190, but most earn between $245,890 and $351,390. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Vice President of Contracts in the United States.

Vice President of Contracts Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $351,390 $29,283 $6,758 $169
Average $292,790 $24,399 $5,631 $141
25th Percentile $245,890 $20,491 $4,729 $118

Average Salary

25% $245,890 10% $203,190 90% $404,742 75% $351,390 $292,790 50%(Median) Didn’t find job title? Click
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Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Vice President of Contracts $262,781
Intermediate Level Vice President of Contracts $266,955
Senior Level Vice President of Contracts $270,434
Specialist Level Vice President of Contracts $276,000
Expert Level Vice President of Contracts $282,958
$262,781 0 yr
$266,955 < 2 yrs
$270,434 2-4 yrs
$276,000 5-8 yrs
$282,958 > 8 yrs
Last Updated on December 01, 2024
Entry Level 10%
Mid Level 9%
Senior Level 8%
Top Level 6%
Experienced 3%
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Last Updated on December 01, 2024

Job Openings of Vice President of Contracts

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Cost of Living In Passaic, NJ

Cost of Living in Passaic , NJ is
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Best-Paid Skills and Qualifications for Vice President of Contracts

What skills does a Vice President of Contracts need?

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.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

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.

3.

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.

Leadership 6.77%
Futures 2.08%
Change Management 1.04%
Others 90.11%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Vice President of Contracts higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Procurement Management, you can get a 36% salary raise. If you are good at Interpersonal Relationships, your salary will increase by 29%. If you are expert in Relationship Management, your salary will rise by 20%.
Skill Salary Demand
Procurement Management
$398,194
36%
Interpersonal Relationships
$377,699
29%
Relationship Management
$351,348
20%
Business Acumen
$333,781
14%
Change Management
$324,997
11%
Analytical Skills
$322,069
10%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Vice President of Contracts is $292,790 per year in Passaic, NJ, updated at December 01, 2024.
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