Home > Salary > Colombia > Senior Contract Administrator
A senior contract administrator is responsible for overseeing and managing all aspects of contracts within an organization. They play a crucial role in the negotiation, drafting, and execution of contracts, ensuring compliance with legal and regulatory requirements. Their duties involve reviewing contract terms and conditions, identifying potential risks, and proposing necessary amendments. They collaborate with various stakeholders, such as clients, vendors, and legal teams, to ensure effective communication and understanding of contract requirements. Senior contract administrators also monitor contract performance, track milestones, and resolve any disputes or issues that may arise. They are skilled in contract management software and possess excellent analytical, organizational, and negotiation skills.
Estimated Yearly Salary: 46,856,760 COP
Estimated Monthly Salary: 3,904,730 COP
Estimated Weekly Salary: 901,092 COP per week
Estimated Hourly Salary: 22,527 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,762,714 COP
Estimated Weekly Salary: 868,319 COP per week
Estimated Hourly Salary: 21,708 COP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 10,392 USD
Estimated Monthly Salary: 866 USD
Estimated Weekly Salary: 200 USD per week
Estimated Hourly Salary: 5 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: 46,856,760 COP
Estimated Monthly Salary: 3,904,730 COP
Estimated Weekly Salary: 901,092 COP per week
Estimated Hourly Salary: 22,527 COP per hour
By working as Senior Contract Administrator a person can save up to 606 USD per month or 7,267 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 Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Senior Contract Administrator
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
General administration manager (18,575,508 COP per year, pre-tax.)
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Maintenance and repair worker general (15,632,640 COP per year, pre-tax.)
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Senior Contract Administrator salary in Colombia
Average Yearly Salary of Senior Contract Administrator in Colombia is approximately 46,856,760 COP (10,392 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 Administrator do?
A senior contract administrator is responsible for overseeing and managing all aspects of contracts within an organization. They play a crucial role in the negotiation, drafting, and execution of contracts, ensuring compliance with legal and regulatory requirements. Their duties involve reviewing contract terms and conditions, identifying potential risks, and proposing necessary amendments. They collaborate with various stakeholders, such as clients, vendors, and legal teams, to ensure effective communication and understanding of contract requirements. Senior contract administrators also monitor contract performance, track milestones, and resolve any disputes or issues that may arise. They are skilled in contract management software and possess excellent analytical, organizational, and negotiation skills.
Skills: Senior Contract Administrator, Contract Management, Legal Compliance, Negotiation, Risk Assessment, Contract Performance
Job industry: Construction
Job industry: Construction
How much does Senior Contract Administrator make?
Salary details
How much does Senior Contract Administrator make?Estimated Yearly Salary: 46,856,760 COP
Estimated Monthly Salary: 3,904,730 COP
Estimated Weekly Salary: 901,092 COP per week
Estimated Hourly Salary: 22,527 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 45,152,565 COPEstimated Monthly Salary: 3,762,714 COP
Estimated Weekly Salary: 868,319 COP per week
Estimated Hourly Salary: 21,708 COP per hour
Last revision of data: 2024-01-08Senior Contract Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,392 USD
Estimated Monthly Salary: 866 USD
Estimated Weekly Salary: 200 USD per week
Estimated Hourly Salary: 5 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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Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Senior Contract Administrator job salary compared to average salary in Colombia.
Comparison shows that a person working as Senior Contract Administrator in Colombia earns on average:
1.74 times the average salary (or 174% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Senior Contract Administrator job salary compared to average salary in Colombia.
Comparison shows that a person working as Senior Contract Administrator in Colombia earns on average:
1.74 times the average salary (or 174% of average salary).
Is Senior Contract Administrator a well paid job?
Yes, our data shows that Senior Contract Administrator 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 Administrator?
High salary for Senior Contract Administrator would be somewhere between 51,542,436 COP and 67,942,302 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Contract Administrator in Colombia?
Living in Colombia the approximate monthly expenses are: 260 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: 46,856,760 COP
Estimated Monthly Salary: 3,904,730 COP
Estimated Weekly Salary: 901,092 COP per week
Estimated Hourly Salary: 22,527 COP per hour
By working as Senior Contract Administrator a person can save up to 606 USD per month or 7,267 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 Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. 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 Administrator
Ecuador is 10,034 USD
Brazil is 12,981 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 Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Data as of 2025Random salary:
General administration manager (18,575,508 COP per year, pre-tax.)
Cage manager (35,544,388 COP per year, pre-tax.)
Sap abap developer (37,151,704 COP per year, pre-tax.)
Maintenance and repair worker general (15,632,640 COP per year, pre-tax.)
Loan underwriter consumer (29,460,864 COP per year, pre-tax.)
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