Home > Salary > Sri Lanka > 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: 3,166,456 LKR
Estimated Monthly Salary: 263,871 LKR
Estimated Weekly Salary: 60,893 LKR per week
Estimated Hourly Salary: 1,522 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 254,611 LKR
Estimated Weekly Salary: 58,756 LKR per week
Estimated Hourly Salary: 1,469 LKR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 9,129 USD
Estimated Monthly Salary: 761 USD
Estimated Weekly Salary: 176 USD per week
Estimated Hourly Salary: 4 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: 3,166,456 LKR
Estimated Monthly Salary: 263,871 LKR
Estimated Weekly Salary: 60,893 LKR per week
Estimated Hourly Salary: 1,522 LKR per hour
By working as Senior Contract Specialist a person can save up to 536 USD per month or 6,436 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 Senior Contract Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Senior Contract Specialist salary in Sri Lanka
Average Yearly Salary of Senior Contract Specialist in Sri Lanka is approximately 3,166,456 LKR (9,129 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: 3,166,456 LKR
Estimated Monthly Salary: 263,871 LKR
Estimated Weekly Salary: 60,893 LKR per week
Estimated Hourly Salary: 1,522 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,055,335 LKREstimated Monthly Salary: 254,611 LKR
Estimated Weekly Salary: 58,756 LKR per week
Estimated Hourly Salary: 1,469 LKR per hour
Last revision of data: 2024-01-06Senior Contract Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,129 USD
Estimated Monthly Salary: 761 USD
Estimated Weekly Salary: 176 USD per week
Estimated Hourly Salary: 4 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
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 Senior Contract Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Senior Contract Specialist in Sri Lanka earns on average:
1.77 times the average salary (or 177% 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 Senior Contract Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Senior Contract Specialist in Sri Lanka earns on average:
1.77 times the average salary (or 177% 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 3,483,102 LKR and 4,591,361 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Contract Specialist 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: 3,166,456 LKR
Estimated Monthly Salary: 263,871 LKR
Estimated Weekly Salary: 60,893 LKR per week
Estimated Hourly Salary: 1,522 LKR per hour
By working as Senior Contract Specialist a person can save up to 536 USD per month or 6,436 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 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Department manager retail store (1,166,961 LKR per year, pre-tax.)
Executive kitchen manager (1,957,972 LKR per year, pre-tax.)
Personnel administrator (1,499,311 LKR per year, pre-tax.)
Junior accounts payable (1,088,342 LKR per year, pre-tax.)
Director of special education (2,715,969 LKR per year, pre-tax.)
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