Home > Salary > Bangladesh > Senior Contract Specialist
A senior contract specialist is a professional responsible for managing and overseeing the entire contract process within an organization. They play a crucial role in negotiating, drafting, and reviewing contracts to ensure compliance with legal requirements and company policies. Senior contract specialists work closely with various departments and stakeholders to understand their needs and objectives, and then develop contracts that meet those requirements.
They are responsible for conducting market research, analyzing proposals, and evaluating vendor qualifications to select the most suitable contractors. Senior contract specialists also monitor contract performance and handle any disputes or issues that may arise during the contract term. They must have a strong understanding of contract law, excellent negotiation skills, and attention to detail.
Estimated Yearly Salary: 540,681 BDT
Estimated Monthly Salary: 45,057 BDT
Estimated Weekly Salary: 10,398 BDT per week
Estimated Hourly Salary: 260 BDT per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 43,522 BDT
Estimated Weekly Salary: 10,044 BDT per week
Estimated Hourly Salary: 251 BDT per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 4,588 USD
Estimated Monthly Salary: 382 USD
Estimated Weekly Salary: 88 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 540,681 BDT
Estimated Monthly Salary: 45,057 BDT
Estimated Weekly Salary: 10,398 BDT per week
Estimated Hourly Salary: 260 BDT per hour
By working as Senior Contract Specialist a person can save up to 270 USD per month or 3,234 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Bangladesh, see costs of living in Bangladesh.
Estimated Yearly Salary for Senior Contract Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Senior Contract Specialist salary in Bangladesh
Average Yearly Salary of Senior Contract Specialist in Bangladesh is approximately 540,681 BDT (4,588 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Senior Contract Specialist do?
A senior contract specialist is a professional responsible for managing and overseeing the entire contract process within an organization. They play a crucial role in negotiating, drafting, and reviewing contracts to ensure compliance with legal requirements and company policies. Senior contract specialists work closely with various departments and stakeholders to understand their needs and objectives, and then develop contracts that meet those requirements.
They are responsible for conducting market research, analyzing proposals, and evaluating vendor qualifications to select the most suitable contractors. Senior contract specialists also monitor contract performance and handle any disputes or issues that may arise during the contract term. They must have a strong understanding of contract law, excellent negotiation skills, and attention to detail.
Skills: Senior Contract Specialist, Contract Management, Legal Compliance, Negotiation, Vendor Selection, Contract Performance.
Job industry: Government
Job industry: Government
How much does Senior Contract Specialist make?
Salary details
How much does Senior Contract Specialist make?Estimated Yearly Salary: 540,681 BDT
Estimated Monthly Salary: 45,057 BDT
Estimated Weekly Salary: 10,398 BDT per week
Estimated Hourly Salary: 260 BDT per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 522,268 BDTEstimated Monthly Salary: 43,522 BDT
Estimated Weekly Salary: 10,044 BDT per week
Estimated Hourly Salary: 251 BDT per hour
Last revision of data: 2024-01-02Senior Contract Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,588 USD
Estimated Monthly Salary: 382 USD
Estimated Weekly Salary: 88 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Bangladesh, located in South Asia, is a densely populated country with a rich cultural heritage. It has a population of over 160 million people and covers an area of approximately 147,570 square kilometers. Despite being a relatively small country in terms of land area, Bangladesh is the eighth-most populous country in the world.
Estimated national average yearly salary is 304,560 BDT (2,820 USD). Value indicated is pre-tax. Below graph shows estimated Senior Contract Specialist job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Senior Contract Specialist in Bangladesh earns on average:
1.78 times the average salary (or 178% of average salary).
Estimated national average yearly salary is 304,560 BDT (2,820 USD). Value indicated is pre-tax. Below graph shows estimated Senior Contract Specialist job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Senior Contract Specialist in Bangladesh earns on average:
1.78 times the average salary (or 178% of average salary).
Is Senior Contract Specialist a well paid job?
Yes, our data shows that Senior Contract Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Senior Contract Specialist?
High salary for Senior Contract Specialist would be somewhere between 594,749 BDT and 783,987 BDT. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Contract Specialist in Bangladesh?
Living in Bangladesh the approximate monthly expenses are: 113 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 540,681 BDT
Estimated Monthly Salary: 45,057 BDT
Estimated Weekly Salary: 10,398 BDT per week
Estimated Hourly Salary: 260 BDT per hour
By working as Senior Contract Specialist a person can save up to 270 USD per month or 3,234 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Bangladesh, see costs of living in Bangladesh.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Myanmar (Burma), Bhutan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Contract Specialist
India is 36,318 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Bangladesh
(3,468,551 BDT per year, pre-tax.)
2. Cardiologist
(2,899,173 BDT per year, pre-tax.)
(2,788,975 BDT per year, pre-tax.)
4. Neurosurgeon
(2,696,258 BDT per year, pre-tax.)
(2,693,113 BDT per year, pre-tax.)
6. Oncologist
(2,648,729 BDT per year, pre-tax.)
(2,648,146 BDT per year, pre-tax.)
(2,647,247 BDT per year, pre-tax.)
(2,646,613 BDT per year, pre-tax.)
10. Plastic surgeon
(2,640,498 BDT per year, pre-tax.)
Data as of 2025Random salary:
Unloader (137,227 BDT per year, pre-tax.)
Food safety specialist (313,740 BDT per year, pre-tax.)
Falconer (380,700 BDT per year, pre-tax.)
Art teacher (249,696 BDT per year, pre-tax.)
Environmental health safety (ehs), supervisor (359,424 BDT per year, pre-tax.)
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