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Contracts Administrator IV Salary in Minnetonka, Minnesota

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Contracts Administrator IV Salary in Minnetonka, MN

What is the salary range of Contracts Administrator IV?

As of December 01, 2024, the average annual pay of Contracts Administrator IV in Minnetonka, MN is $135,785. While Salary.com is seeing that Contracts Administrator IV salary in Minnetonka, MN can go up to $170,702 or down to $104,112, but most earn between $119,206 and $154,062. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Contracts Administrator IV in the United States.

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Contracts Administrator IV Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $145,205 $12,100 $2,792 $70
Average $127,979 $10,665 $2,461 $62
25th Percentile $112,353 $9,363 $2,161 $54
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Average Salary

25% $119,206 10% $104,112 90% $170,702 75% $154,062 $135,785 50%(Median) Didn’t find job title? Click
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View Contracts Administrator IV Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Contracts Administrator IV salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Contracts Administrator IV hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$112,353
Average
$127,979/year
$145,205
$9,363
Average
$10,665/month
$12,100
$2,161
Average
$2,461/week
$2,792
$54
Average
$62/hour
$70
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $145,205 $12,100 $2,792 $70
Average $127,979 $10,665 $2,461 $62
25th Percentile $112,353 $9,363 $2,161 $54
Last Updated on December 01, 2024

View Contracts Administrator IV Salary by Experience Levels

An entry-level Contracts Administrator IV with under 1 year experience makes about $126,476. With less than 2 years of experience, a mid-level Contracts Administrator IV makes around $127,707. After 2-4 years, the Contracts Administrator IV pay rises to about $128,937. Those senior Contracts Administrator IV with 5-8 years of experience earn roughly $133,369, and those Contracts Administrator IV having 8 years or more experience are expected to earn about $142,420 on average.

Levels Salary
Entry Level Contracts Administrator IV $126,476
Intermediate Level Contracts Administrator IV $127,707
Senior Level Contracts Administrator IV $128,937
Specialist Level Contracts Administrator IV $133,369
Expert Level Contracts Administrator IV $142,420
$126,476 0 yr
$127,707 < 2 yrs
$128,937 2-4 yrs
$133,369 5-8 yrs
$142,420 > 8 yrs
Last Updated on December 01, 2024
Entry Level 1%
Mid Level 0%
Senior Level 1%
Top Level 4%
Experienced 11%
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Last Updated on December 01, 2024

Highest Paying Cities in Minnesota for Contracts Administrator IV

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Salaries of Jobs Related to Contracts Administrator IV

Job Openings of Contracts Administrator IV

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Cost of Living In Minnetonka, MN

Cost of Living in Minnetonka , MN is
13.5% Higher
than the National Average
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Best-Paid Skills and Qualifications for Contracts Administrator IV

What skills does a Contracts Administrator IV 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.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Contract Review: Evaluating, interpreting, and improving the terms used in contractual agreements.

3.

Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.

See More Skills
Analysis 5.13%
Contract Review 2.34%
Billing 1.61%
Others 90.92%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Contracts Administrator IV 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 Market Research, you can get a 10% salary raise. If you are good at Government Contracting, your salary will increase by 9%. If you are expert in Negotiating, your salary will rise by 9%.
Skill Salary Demand
Market Research
 $149,364
10%
Government Contracting
 $148,006
9%
Negotiating
 $148,006
9%
Supply Chain
 $146,648
8%
Statement of Work
 $146,648
8%
Federal Acquisition Regulations
 $146,648
8%
Get Latest Data
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 Contracts Administrator IV is $135,785 per year in Minnetonka, MN, updated at December 01, 2024.
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