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Senior Contracts Manager salary in Colombia

Average Yearly Salary of Senior Contracts Manager in Colombia is approximately 62,834,822 COP (13,851 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 Contracts Manager do?

occupation personasA senior contracts manager is responsible for overseeing the entire contract management process within an organization. They review, negotiate, and draft contracts, ensuring that they comply with legal requirements and align with the company's objectives. They collaborate with various departments, such as legal, finance, and procurement, to ensure that contracts are executed efficiently and effectively. Senior contracts managers also handle contract disputes, amendments, and terminations, working closely with stakeholders to resolve issues and mitigate risks.

Skills: Senior Contracts Manager, Contract Management, Legal Compliance, Negotiation, Risk Mitigation, Stakeholder Collaboration.
Job industry: Construction


How much does Senior Contracts Manager make?

Salary details
How much does Senior Contracts Manager make?
Estimated Yearly Salary: 62,834,822 COP
Estimated Monthly Salary: 5,236,235 COP
Estimated Weekly Salary: 1,208,362 COP per week
Estimated Hourly Salary: 30,209 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 60,523,843 COP
Estimated Monthly Salary: 5,043,654 COP
Estimated Weekly Salary: 1,163,920 COP per week
Estimated Hourly Salary: 29,098 COP per hour
Last revision of data: 2024-01-02



Senior Contracts Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 13,851 USD
Estimated Monthly Salary: 1,154 USD
Estimated Weekly Salary: 266 USD per week
Estimated Hourly Salary: 7 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Contracts Manager job salary compared to average salary in Colombia.
Comparison shows that a person working as Senior Contracts Manager in Colombia earns on average:
2.33 times the average salary (or 233% of average salary).

Is Senior Contracts Manager a well paid job?

Yes, our data show that Senior Contracts Manager is a very 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 Contracts Manager?

High salary for Senior Contracts Manager would be somewhere between 69,118,304 COP and 91,110,492 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Contracts Manager 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: 62,834,822 COP
Estimated Monthly Salary: 5,236,235 COP
Estimated Weekly Salary: 1,208,362 COP per week
Estimated Hourly Salary: 30,209 COP per hour
By working as Senior Contracts Manager a person can save up to 894 USD per month or 10,726 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 Contracts Manager

Ecuador is 13,436 USDdown arrow 3%
Details on Senior Contracts Manager salary in Ecuador
Brazil is 17,339 USDup arrow 25%
Details on Senior Contracts Manager salary in Brazil
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Colombia

(306,660,307 COP per year, pre-tax.)
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
(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 2025

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