Average Contract Specialist Salary in Canada
The average annual salary of Contract Specialist is $72,755.00
The starting salary of Contract Specialist is between $42,432.00 and $49,920.00 whereas the maximum salary range is between $107,910.00 and $124,097.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$42,432.00 | $124,097.00 |
The average hourly pay of Contract Specialist is $36.51.
The starting hourly rate is between $18.00 and $20.60 for Contract Specialist whereas the maximum hourly wage is between $82.50 and $95.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$18.00 | $95.00 |
- Currency : CAD
- Annual Salary : $72,755.00
- Hourly Pay : $36.51
- Weekly Pay : $1,296.00
- Fortnightly Salary : $2,591.00
- Monthly Salary : $5,614.00
Contract Specialist Salary Comparison by Gender
This pie chart demonstrates the gender share for Contract Specialist. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, female employees are involved significantly more as Contract Specialist compared to male. Their involvement is 70% while of male is only 30%.
Salary Distribution Based on Years of Experience
The line graph shows Contract Specialist salary in Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Contract Specialist working less than a year in a company, you notice that their annual salary starts around $50,769.36.
As the years of experience reaches 1 to 4, there is a significant increase of $9,048.99 which would give a total wage of CAD59,818.35.
Once the experience reaches 5-9 years Contract Specialist salary would increase again to a total of $77,214.38, adding $17,396.03 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $88,347.60.
And finally, once the Contract Specialist gains 20 years of experience or more, their salary would reach $88,650.24.
Prominent Skills Affecting Contract Specialist Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Contract Specialist's salary. It clearly highlights the skills needed for a post of Contract Specialist when hired by an employer.
The most vital skill expected of Contract Specialist is Procurement which impacts the most than the rest of the skills indicated with a staggering 20% comparatively. Therefore, one’s salary would greatly depend on their skills in Procurement.
The skill least likely to affect one’s pay would be Contract Management with 8%. It can be said that Contract Management skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Contract Specialist. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $50,201.00 whereas the highest earning is $90,944.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of $90,944.00 at 25%. So to summerize, Entry Level earns 31% less than the average salary, Early Career earns 16% less than the average salary, Mid Carrer earns 9% more than the average salary, Late Career earns 25% more than the average salary, Experienced earns 22% more than the average salary.
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