Home > Salary > Sri Lanka > Contracts Manager
A contracts manager is responsible for overseeing the entire contract lifecycle within an organization. They play a crucial role in negotiating, drafting, reviewing, and finalizing contracts with clients, vendors, and other stakeholders. Their primary objective is to ensure that all contractual agreements align with legal requirements, company policies, and mitigate any potential risks. Contracts managers collaborate closely with various departments, including legal, sales, procurement, and finance, to ensure contracts are executed efficiently and effectively. They also maintain a database of contracts, monitor performance, and enforce compliance throughout the contract duration. Strong analytical, negotiation, and communication skills are essential for this role, as well as attention to detail and the ability to manage multiple contracts simultaneously.
Estimated Yearly Salary: 3,239,005 LKR
Estimated Monthly Salary: 269,917 LKR
Estimated Weekly Salary: 62,289 LKR per week
Estimated Hourly Salary: 1,557 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 261,696 LKR
Estimated Weekly Salary: 60,391 LKR per week
Estimated Hourly Salary: 1,510 LKR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 9,369 USD
Estimated Monthly Salary: 781 USD
Estimated Weekly Salary: 180 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 3,239,005 LKR
Estimated Monthly Salary: 269,917 LKR
Estimated Weekly Salary: 62,289 LKR per week
Estimated Hourly Salary: 1,557 LKR per hour
By working as Contracts Manager a person can save up to 556 USD per month or 6,676 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Contracts Manager
Last revision of data: 2025-01-04
Data as of 2025
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Contracts Manager salary in Sri Lanka
Average Yearly Salary of Contracts Manager in Sri Lanka is approximately 3,239,005 LKR (9,369 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 Contracts Manager do?
A contracts manager is responsible for overseeing the entire contract lifecycle within an organization. They play a crucial role in negotiating, drafting, reviewing, and finalizing contracts with clients, vendors, and other stakeholders. Their primary objective is to ensure that all contractual agreements align with legal requirements, company policies, and mitigate any potential risks. Contracts managers collaborate closely with various departments, including legal, sales, procurement, and finance, to ensure contracts are executed efficiently and effectively. They also maintain a database of contracts, monitor performance, and enforce compliance throughout the contract duration. Strong analytical, negotiation, and communication skills are essential for this role, as well as attention to detail and the ability to manage multiple contracts simultaneously.
Skills: Contracts Management, Legal Compliance, Negotiation, Risk Mitigation, Contract Lifecycle, Communication Skills
Job industry: Construction
Job industry: Construction
How much does Contracts Manager make?
Salary details
How much does Contracts Manager make?Estimated Yearly Salary: 3,239,005 LKR
Estimated Monthly Salary: 269,917 LKR
Estimated Weekly Salary: 62,289 LKR per week
Estimated Hourly Salary: 1,557 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,140,350 LKREstimated Monthly Salary: 261,696 LKR
Estimated Weekly Salary: 60,391 LKR per week
Estimated Hourly Salary: 1,510 LKR per hour
Last revision of data: 2024-01-05Contracts Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,369 USD
Estimated Monthly Salary: 781 USD
Estimated Weekly Salary: 180 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Contracts Manager job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Contracts Manager in Sri Lanka earns on average:
1.81 times the average salary (or 181% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Contracts Manager job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Contracts Manager in Sri Lanka earns on average:
1.81 times the average salary (or 181% of average salary).
Is Contracts Manager a well paid job?
Yes, our data shows that Contracts Manager 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 Contracts Manager?
High salary for Contracts Manager would be somewhere between 3,562,906 LKR and 4,696,557 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Contracts Manager in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 3,239,005 LKR
Estimated Monthly Salary: 269,917 LKR
Estimated Weekly Salary: 62,289 LKR per week
Estimated Hourly Salary: 1,557 LKR per hour
By working as Contracts Manager a person can save up to 556 USD per month or 6,676 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Contracts Manager
India is 37,461 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
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4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
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(15,460,527 LKR per year, pre-tax.)
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10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Assistant film editor (1,198,835 LKR per year, pre-tax.)
Cat scan technologist (2,546,286 LKR per year, pre-tax.)
Spray painter (1,450,628 LKR per year, pre-tax.)
Airport manager (2,328,302 LKR per year, pre-tax.)
Receiving checker (1,205,461 LKR per year, pre-tax.)
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