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Contracts Manager Average Salary in Switzerland
How much money does a Contracts Manager make in Switzerland?
Average Yearly Salary
( 11, CHF monthly)
A person working as a Contracts Manager in Switzerland typically earns around , CHF per year. Salaries range from 69, CHF (lowest) to , CHF (highest).
This is the average yearly salary including housing, transport, and other benefits. Contracts Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Contracts Manager Salary Distribution in Switzerland
The median, the maximum, the minimum, and the range
Contracts Manager salaries in Switzerland range from 69, CHF per year (minimum salary) to , CHF per year (maximum salary).
The median salary is , CHF per year, which means that half (50%) of people working as Contracts Manager(s) are earning less than , CHF while the other half are earning more than , CHF. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Contracts Manager(s) are earning less than 96, CHF while 75% of them are earning more than 96, CHF. Also from the diagram, 75% of Contracts Manager(s) are earning less than , CHF while 25% are earning more than , CHF.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
Contracts Manager Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Contracts Manager salaries by experience level and this is what we found.
A Contracts Manager with less than two years of experience makes approximately 82, CHF per year.
While someone with an experience level between two and five years is expected to earn , CHF per year, 29% more than someone with less than two years experience.
Moving forward, an experience level between five and ten years lands a salary of , CHF per year, 38% more than someone with two to five years of experience.
Additionally, Contracts Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to , CHF per year, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is , CHF per year, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of , CHF per year, 7% more than people with fifteen to twenty years of experience.
Contracts Manager average salary change by experience in Switzerland
|0 - 2 Years|
|2 - 5 Years||+29%|
|5 - 10 Years||+38%|
|10 - 15 Years||+24%|
|15 - 20 Years||+7%|
Percentage increase and decrease are relative to the previous value
Typical Salary Progress for Most Careers
Contracts Manager Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Contracts Manager(s) who have the same experience but different education levels.
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Contracts Manager salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Contracts Manager is , CHF per year.
While someone with a Certificate or Diploma gets a salary of , CHF per year, 15% more than someone having a High School degree.
A Bachelors Degree gets its holder an average salary of , CHF per year, 35% more than someone with a Certificate or Diploma.
Professionals who hold a Masters Degree are rewarded with an average salary of , CHF per year, 26% more than someone with Bachelors Degree.
Contracts Manager average salary difference by education level in Switzerland
|Certificate or Diploma||+15%|
Percentage increase and decrease are relative to the previous value
Is a Masters degree or an MBA worth it? Should you pursue higher education?
A Masters degree program or any post-graduate program in Switzerland costs anywhere from 51, Swiss Franc(s) to , Swiss Franc(s) and lasts approximately two years. That is quite an investment.
You cant really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Contracts Manager Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Contracts Manager employees in Switzerland earn 4% more than their female counterparts on average.
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Switzerland for all Careers
Contracts Manager Average Annual Salary Increment Percentage in Switzerland
How much are annual salary increments in Switzerland for Contracts Manager(s)? How often do employees get salary raises?
Contracts Manager(s) in Switzerland are likely to observe a salary increase of approximately 11% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.
Switzerland / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
“The average salary increase in one year (12 months) in Switzerland is 7%.”
Annual Increment Rate By Industry
Listed above are the average annual increase rates for each industry in Switzerland for the year Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Worldwide Salary Raises: All Countries and All Jobs
Contracts Manager Bonus and Incentive Rates in Switzerland
How much and how often are bonuses being awarded?Share This Chart Tweet Get Chart Link
A Contracts Manager is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
41% of surveyed staff reported that they havent received any bonuses or incentives in the previous year while 59% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
Types of Bonuses ConsideredIndividual Performance-Based Bonuses
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
“Try to work for companies where your skills can generate revenue. We cant all generate revenue and thats perfectly fine.”
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Contracts Manager Average Hourly Wage in Switzerland
The average hourly wage (pay per hour) in Switzerland is 68 CHF. This means that the average Contracts Manager in Switzerland earns approximately 68 CHF for every worked hour.
Hourly Wage = Annual Salary ( 52 x 5 x 8 )
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
Contracts Manager VS Other Jobs
The average salary for Contracts Manager is 19% more than that of Purchasing and Inventory. Also, Purchasing and Inventory salaries are 3% less than those of All Jobs.
Salary comparison with similar jobs
|Asset Management Associate||, CHF||%|
|Asset Protection Associate||, CHF||%|
|Asset Protection Specialist||, CHF||%|
|Assistant Buyer||, CHF||%|
|Capacity Planner||, CHF||%|
|Category Manager||, CHF||-6%|
|Channel Services Representative||, CHF||%|
|Contracts Manager||, CHF||-0%|
|Contracts Specialist||, CHF||%|
|Demand Planner||, CHF||%|
|Demand Planning Manager||, CHF||+5%|
|Distribution Assistant||97, CHF||%|
|Distribution Manager||, CHF||+55%|
|Inventory Control Clerk||61, CHF||%|
|Inventory Control Manager||, CHF||+10%|
|Inventory Management Associate||, CHF||%|
|Inventory Specialist||, CHF||%|
|Logistics Engineer||, CHF||%|
|Master Planner||, CHF||%|
|Material Handler||69, CHF||%|
|Material Planning Specialist||98, CHF||%|
|Merchandise Manager||, CHF||-5%|
|Procurement Administrator||, CHF||-7%|
|Procurement Agent||90, CHF||%|
|Procurement Analyst||, CHF||-1%|
|Procurement Clerk||53, CHF||%|
|Procurement Engineer||, CHF||%|
|Production Planner||, CHF||%|
|Project Buyer||, CHF||+2%|
|Purchasing Assistant||63, CHF||%|
|Purchasing Manager||, CHF||+67%|
|Purchasing Supervisor||, CHF||+7%|
|Shipping and Receiving Clerk||57, CHF||%|
|Shipping Coordinator||, CHF||%|
|Stock Clerk||58, CHF||%|
|Stock Regulator||64, CHF||%|
|Storage Manager||, CHF||+2%|
|Store Keeper||55, CHF||%|
|Stores and Logistics Coordinator||, CHF||%|
|Supply Chain Analyst||, CHF||+16%|
|Supply Chain Coordinator||, CHF||%|
|Supply Chain Development Manager||, CHF||+47%|
|Supply Chain Manager||, CHF||+57%|
|Supply Planner||, CHF||%|
|Warehouse Assistant||44, CHF||%|
|Warehouse Clerk||46, CHF||%|
|Warehouse Executive||, CHF||+32%|
|Warehouse Lead||, CHF||%|
|Warehouse Manager||, CHF||+45%|
|Warehouse Supervisor||, CHF||-0%|
|Wholesale Buyer||, CHF||+25%|
Salary Comparison By City
|St. Gallen||, CHF|
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Switzerland earn 4% more than their private sector counterparts on average across all sectors.
Percentage increase and decrease are relative to the previous value
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A contract manager controls contracts made with customers, vendors, partners, or employees. They negotiate the terms and conditions in contracts. Ensure compliance with the terms and conditions, document and agree on any changes, or amendments that may arise during its implementation or execution. Contract managers handle contracts like employment letters, purchase orders, sales invoices, and utility contracts.
Contract managers oversee projects performed in partnership between one organization and another. They are responsible for coordinating every aspect of the project. From viewing and approving contract terms to coordinating deadlines, supporting budget, and more. Contract managers work across many industries, including real estate development, healthcare, government agencies, and more. They typically begin their careers as a contract specialist and work their way up to a management role.
Contract managers often serve as the critical point of contact between a business, and third parties to ensure timely review and approval of any variations. They also provide recommendations, and negotiate directly with customer attorneys or purchasing staff, to craft a satisfactory final document for all parties. They streamline communication and monitor processes to ensure the success of an organization.
Contract Manager Job Description
Contract managers cover various industries from government to technology to company that has a large number of contracts. Regardless of the organization type, one consistency is that, contract managers are the primary individual responsible for creating, and managing all warranties organizations use. They maintain complete records on an entire procurement and contract administration process. Contract managers’ writes, evaluates, negotiates and execute various contracts covering a range of transaction. They maintain correspondence and documentation related to contracts. Generally, contract management involves a few key stages. There is the early stage or pre-award phase. The first stage involves all the work before giving someone a contract, whether a business or an employee. The intermediate step is when the process is awarded. This step includes all the paperwork to make the agreement final. Third, there’s the post-award stage. This stage involves a lot of contract management and maintenance.
Contract manager job description entails:
- Drafting and revising a variety of contracts with the customer
- Ensuring the organization’s internal contract documents are accurate and well maintained
- Meeting with customers to discuss both legal and business matters
- Providing advice and guidance to the different teams relating to contract generation
- Maintain excellent working relationships with clients to ensure their needs are met
- Creating, preparing, reviewing, and editing all contracts
- Providing support and advising new potential business opportunities
- Identifying opportunities to improve business processes and devise plans to implement these changes
Contract Manager skills
Contract managers respond to bids, proposals, and contract negotiations. They prepare requests for proposals for distribution to vendors. They analyze all requirements and provisions in contracts, including terms and conditions, to ensure compliance with all laws and regulations, and company policies and procedures. Nonetheless, contract managers ensure that contracts are executed under corporate guidelines. They research writing contracts, audit existing contracts and oversee contract modifications. The contract managers also train and supervise other contract professionals. They communicate contract implementations to subordinates, and maintain a computer database for its contract management system. Contract managers, therefore, need to have extensive skills and knowledge to execute these duties successfully.
The skills of a contract manager, according to Indeed, include:
- Effective communication, negotiation, and interpersonal skills
- Exceptional attention to details and talents for accuracy and precision
- Deep understanding of contracts, contracts governance, contractual language, and the contract lifecycle
- Critical thinking skills and the ability to research and understand legal and financial implications
- Superior reading, writing, and language skills
- Excellent understanding of the business or industry, its services, customer, and providers
Contract managers need to have a high level of concentration, creativity, and leadership, as well as good problem-solving skills. They also need to have extensive knowledge of computers and software.
Contract managers are the backbone of every organization. Their role is one of the most significant responsibilities for all business sizes. They assist in managing obligations effectively. A contract manager who effectively controls his/her contract directly impacts financial performance, relationship with third parties, and organizational reputation.
Contract Manager Salary
The average salary of a contract manager is $81,, according to pay scale data. According to data from Indeed, the highest paid contract managers are from Fort Worth TX, with the average salary 22% higher than the average national salary. Washington, DC follows second, with the average wage 17% greater than the average national salary. New York State follows with the average salary 13% greater than the national average wage. Atlanta, GA, follows with the average salary 10% higher than the national average salary. The average salary of a contract manager depends on the kind of certification, experience level, and education level.
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The average salary of a contract manager, according to Payscale data, is as follows:
Certifications for Contract Manager
The type of contract management certification a contract manager choose depends on several factors. Specific work experience and the type of career path also affect the decision to enter a particular program. The NCMA offers three different contract management certifications;
- NCMA Certified Commercial Contract Manager (CCCM)
- NCMA Certified Federal Contract Manager (CFCM)
- NCMA Certified Professional Contract Manager (CPCM)
- NAGC Certified Government Contractor (CGC)
To obtain CCM or CFCM certification, a contract manager must have at least a bachelor’s degree from a regionally accredited university, one year of work experience in contract management, and 80 hours of continuing professional background. Contract managers are also typically required to pass an exam on the relevant body of knowledge. They are also permitted to take the exam while still working toward education or work experience requirements. Contract managers who pass the exam, receive contract management certification as a CCCM or CFCM once they have attained the necessary work experience and continuing education credits. Contract managers with formal training have higher chances of passing the exam.
A contract manager who intends to apply for CPCM certification must have at least a bachelor’s degree from a regionally accredited institution. At least five years of relevant work experience, and a minimum of hours of continuing professional education.
Obtaining a CPCM certification represents mastery of all aspects of contract management, governments and commercial sectors. Professionals with CCM certification generally work exclusively in the private sector. Those with CFCM or CGC credentials primarily deal with government contracts. Contract managers with CPCM are qualified to work in either field.
The certification’s purpose is to guarantee that a contract manager has all the necessary skills required to handle a task. The contract manager industry is growing very fast. Thus, many employers require their workers to obtain certification. The certification gives a competitive advantage, higher pay scale, job securities, and more job opportunities.
Masters Degree for Contract Manager
A master’s degree help contract managers develop the skills to manage international projects successfully. With growing global competition and increasingly complex regulatory structures, international contract managers make a major impact on an organization’s efficiency, and are in demand. The master’s program also provides contract managers with an understanding of both the people-related and technical requirements necessary to handle contracts efficiently.
A master’s program in Contract management, or any related field provides all the knowledge and understanding of contract management, that a contract manager uses without emphasizing economics and finance. It bases on leadership. This implies that everything a contract manager needs to know relating to business analytics, marketing, consulting, and communication will be directly applicable in any leadership setting. The master program in contract management is eighteen months. However, it can be as short as one year or as long as two years, depending on whether the contract manager takes full-time or part-time.
Contract Manager Career Requirements
The day-to-day roles and responsibilities of a contract manager vary depending on the organization, type and size of project, and location. Besides, contracts can vary in complexity and style and can include rental or sale agreements, purchase contracts, employment contracts, or contract proposals for business. These roles are vital and require an individual to have all the relevant skills to qualify for the position.
Qualification for a contract manager typically include:
- A bachelor’s degree in a business or financial management field, i.e., business law or business administration
- years of contract related experience
- Attention to details and the ability to spot errors and inconsistencies
- Ability to work with a team at all levels of an organization
- Proven management and leadership skills
- Sufficient ability to negotiate and execute contracts
- Excellent reading and language comprehension skills
- Ability to effectively handle contract management tools and software
Contract Manager Tools and Software
Contract management tools are great assistance to contract managers to manage and organize their work efficiently. There are many types of software for project management. The contract management software has diminished the human efforts, and the machinery efficiency is increased to the extent that they handle work, timetables, schedules, documentation management proficiently.
Wrike is one of the best contract management software. It helps supervise several projects with their completion, accompanying quick turnaround to generate quality output. Wrike’s intelligent software enables contract managers to manage their work effortlessly in an adequate manner, helping them be organized. The other software is Monday. com. This software enables contract managers to manage work with vast teams. It avoids confusion in the teamwork by offering attractive, user-friendly designs. Keeping the team posted about all the progress and updates of the projects.
Contract managers also use Microsoft Project software, to schedule tasks and assignments and observe workloads, and time tracking processes. This software minimizes human efforts. The contract management software confines great features within itself. They help manage and schedule contract managers’ tasks and provide a system to manage every work neatly. They help eradicate human errors and hence contract managers give out quality work.
Role of a Contract Manager in Project management
Project management is similar to contract management. Each contract is a mini-project .it has unique goals, consumer resources, has a beginning and end date. Contract managers coordinate and plan relevant activities and documentation in a contract file throughout the process.
Contract managers monitor and document project performance. Depending on the organization and goods or services they have procured. They ensure the actions of the supplier and the organization are in line with the contractual responsibilities. That the contract is amended to reflect agreed changes in circumstances, and that any claim or dispute is resolved amicably according to the contract terms.
Contract managers analyze the terms and conditions of the prospective contract. Then develop a work breakdown structure that reflects both the technical and administrative aspects of contract performance. The contract manager and the procurement officer, agree on intermediate performance goals based on contract performance obligations. The intermediate goals enable the contract managers to measure progress, detect significant performance variance, take corrective action, and follow up.
Additionally, contract managers conduct a formal meeting with the supplier’s team, to discuss their understanding and joint administration of the contract. They lead the sales team in reviewing the contract terms and conditions, and other vital elements, and explain the requirements. They update the project plan with the involvement of both parties, to reflect the actual date of effectiveness. The milestones/deliverables of the contract and any changes that may have occurred since planned.
The contract managers review the assessment plan with the suppliers. So that both parties know the basis of establishing contract performance. They discuss how and when to measure and report actual project performance. They ensure the techniques, timing, and frequency of measurement, and reporting reflect the work’s nature and criticality. The managers, additionally, clarify any remaining ambiguities and discuss procedures for managing change and resolving differences.
Contract managers make observations to collect information related to the aspect of performance. The information helps describe the progress of the work. They observe, gather information, and measure progress, to have a basis for comparing actual achievement with planned achievement to exert control. The steps contract managers take in project management are intended to ensure that parties work together to achieve the contract’s objectives. Thus, a contract manager must be alert, experienced, and equipped with problem-solving skills to successfully manage a project.
Average Managed Care Contract Manager Salary
Avg. Base Salary (USD)
The average salary for a Managed Care Contract Manager is $75,
What is the Pay by Experience Level for Managed Care Contract Managers?
An early career Managed Care Contract Manager with years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $73, based on 18 salaries. A mid-career Managed Care Contract Manager with years of experience earns an average total compensation of $75, based on 25 salaries. An …Read more
What Do Managed Care Contract Managers Do?
Managed care contract managers are responsible for reaching out to providers to develop a network and evaluate, negotiate, and implement new contracts. These managers must be able to identify appropriate contracting and collaborate with organizations to understand payer-specific requirements, and must also maintain appropriate documentation and review contract performances to make the right recommendations. They must also coordinate with other internal team members to ensure contractual …Read more
Job Satisfaction for Managed Care Contract Manager
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This data is based on 40 survey responses. Learn more about the gender pay gap.
Common Health Benefits
Salary healthcare contract manager
.Senior Contract Manager
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