Average Contracts Specialist Salary in Macao for 2024

In this article, we will look at the average Contracts Specialist salary for 2024 in Macao and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Macanese pataca. To keep things simple, we are using the MOP currency code instead of the currency symbol P.

How Much Does a Contracts Specialist Make in Macao?

A Contracts Specialist working in Macao will typically earn around 54,140 MOP per year, and this can range from the lowest average salary of about 26,020 MOP to the highest average salary of 84,740 MOP.

Average Annual Salary
54,140 MOP
Average Monthly Salary
4,511 MOP

Lowest Annual Salary
26,020 MOP
Lowest Monthly Salary
2,168 MOP

Highest Annual Salary
84,740 MOP
Highest Monthly Salary
7,061 MOP

These are average salaries for a Contracts Specialist in Macao and include benefits such as housing and transport. It's also possible for a Contracts Specialist to earn more or less than the average salaries shown above.

Contracts Specialist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Contracts Specialist Salaries in Macao

So we've looked at the average salaries a Contracts Specialist will earn in Macao. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Contracts Specialist can earn between 26,020 MOP and 84,740 MOP on average in Macao. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Contracts Specialist in Macao is 57,360 MOP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 57,360 MOP, and 50% of the population earn more than 57,360 MOP.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Contracts Specialist salary in Macao, 25% of the population are earning less than 36,700 MOP while 75% of the population earn more than 36,700 MOP.

75% of the population earn less than 78,500 MOP, and 25% of the population earn more than 78,500 MOP.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Contracts Specialist Salary by Experience Level in Macao

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average contracts specialist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Contracts Specialist in Macao that has less than two years of experience can expect to earn somewhere in the region of 26,280 MOP.
  • 2 - 5 Years Experience. With two to five years of experience the average Contracts Specialist salary would increase to 37,740 MOP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Contracts Specialist, the average salary would be 55,020 MOP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 69,240 MOP.
  • 15 - 20 Years Experience. A Contracts Specialist with 15 to 20 years of experience can earn an average of 74,060 MOP.
  • 20+ Years Experience. For a Contracts Specialist with more than 20 years, the expected average salary increases to 80,580 MOP.

Average Salary by Experience Chart

0-2 Years
26,280 MOP
2-5 Years +34%
37,740 MOP
5-10 Years +48%
55,020 MOP
10-15 Years +22%
69,240 MOP
15-20 Years +9%
74,060 MOP
20+ Years +8%
80,580 MOP

Contracts Specialist Salary by Education Level in Macao

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Contracts Specialist in Macao based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Contracts Specialist in Macao with a high school education can earn an average salary of 35,340 MOP.

  • Certificate or Diploma. A Contracts Specialist in Macao with a certificate or diploma education can earn an average salary of 42,040 MOP.

  • Bachelor's Degree. A Contracts Specialist in Macao with a bachelor's degree education can earn an average salary of 60,480 MOP.

  • Master's Degree. A Contracts Specialist in Macao with a master's degree education can earn an average salary of 78,420 MOP.

Average Salary by Education Chart

High School
35,340 MOP
Certificate or Diploma +18%
42,040 MOP
Bachelor's Degree +45%
60,480 MOP
Master's Degree +31%
78,420 MOP

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Macao is around 37,300 to 112,000 MOP and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Contracts Specialist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Macao, a male contracts specialist will earn an average of 58,240 MOP, while a female contracts specialist will earn around 48,560 MOP.

This means that a male contracts specialist earns approximately 20% more than a female contracts specialist for performing the same job.

Average Salary by Gender Chart in Macao

Male
58,240 MOP
Female -20%
48,560 MOP

Contracts Specialist Average Pay Raise in Macao

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Contracts Specialist in Macao is around 7% every 29 months.

The national average pay raise across all professions and industries in Macao is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 29 ) × 12  = 3%

What this means is that a Contracts Specialist in Macao can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Macao for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Macao.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Contracts Specialist Bonus and Incentive Rates in Macao

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Contracts Specialist is a low bonus based job, with 40% of employees reporting at least one bonus in the last 12 months.

60% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.

Received Bonus
40%
No Bonus
60%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Macao earn approximately 21% more than private sector employees in the same role.

Public Sector
97,460 MOP
Private Sector -21%
80,580 MOP

Salaries for Jobs Similar to a Contracts Specialist

In the table below, we have salary information for jobs that are similar to a Contracts Specialist in Macao.

Job Title Category Salary
Account Representative Customer Service and Call Center 41,560 MOP
Account Service Representative Customer Service and Call Center 42,460 MOP
Business Support Specialist Customer Service and Call Center 54,700 MOP
Call Center Advisor Customer Service and Call Center 46,720 MOP
Call Center Duty Manager Customer Service and Call Center 57,820 MOP
Call Center Manager Customer Service and Call Center 108,320 MOP
Call Center Manager Customer Service and Call Center 112,280 MOP
Call Center Quality Analyst Customer Service and Call Center 72,180 MOP
Call Center Representative Customer Service and Call Center 33,960 MOP
Call Center Representative Customer Service and Call Center 34,540 MOP
Call Center Scheduler Customer Service and Call Center 40,420 MOP
Call Center Scheduling Manager Customer Service and Call Center 59,480 MOP
Call Center Supervisor Customer Service and Call Center 45,720 MOP
Call Center Team Leader Customer Service and Call Center 60,160 MOP
Client Engagement Specialest Customer Service and Call Center 64,720 MOP
Client Executive Customer Service and Call Center 48,920 MOP
Client Liaison Officer Customer Service and Call Center 34,080 MOP
Client Relations Manager Customer Service and Call Center 119,700 MOP
Client Relationship Executive Customer Service and Call Center 116,960 MOP
Client Relationship Manager Customer Service and Call Center 129,000 MOP
Client Service Analyst Customer Service and Call Center 68,400 MOP
Client Service Representative Customer Service and Call Center 33,980 MOP
Client Strategy Specialist Customer Service and Call Center 72,420 MOP
Customer Care Officer Customer Service and Call Center 35,300 MOP
Customer Care Representative Customer Service and Call Center 35,340 MOP
Customer Center Supervisor Customer Service and Call Center 39,800 MOP
Customer Experience Analyst Customer Service and Call Center 44,180 MOP
Customer Experience Manager Customer Service and Call Center 123,400 MOP
Customer Experience Specialist Customer Service and Call Center 79,120 MOP
Customer Fulfillment Specialist Customer Service and Call Center 73,260 MOP
Customer Insights Analyst Customer Service and Call Center 69,260 MOP
Customer Problem Manager Customer Service and Call Center 71,280 MOP
Customer Relations Manager Customer Service and Call Center 123,400 MOP
Customer Relations Specialist Customer Service and Call Center 71,660 MOP
Customer Sales Representative Customer Service and Call Center 36,940 MOP
Customer Sales Support Customer Service and Call Center 32,420 MOP
Customer Service Administration Customer Service and Call Center 42,400 MOP
Customer Service Advisor Customer Service and Call Center 77,060 MOP
Customer Service Agent Customer Service and Call Center 35,300 MOP
Customer Service Associate Customer Service and Call Center 32,900 MOP
Customer Service Coordinator Customer Service and Call Center 42,320 MOP
Customer Service Country Manager Customer Service and Call Center 128,900 MOP
Customer Service Executive Customer Service and Call Center 79,240 MOP
Customer Service Manager Customer Service and Call Center 123,400 MOP
Customer Service Manager Customer Service and Call Center 125,700 MOP
Customer Service Officer Customer Service and Call Center 34,980 MOP
Customer Service Representative Customer Service and Call Center 35,300 MOP
Customer Service Sales Support Customer Service and Call Center 32,960 MOP
Customer Service Specialist Customer Service and Call Center 35,340 MOP
Customer Service Supervisor Customer Service and Call Center 52,380 MOP
Customer Service Team Leader Customer Service and Call Center 80,340 MOP
Customer Service Trainer Customer Service and Call Center 60,880 MOP
Customer Service Working Supervisor Customer Service and Call Center 58,800 MOP
Customer Solutions Representative Customer Service and Call Center 74,620 MOP
Customer Success Manager Customer Service and Call Center 112,180 MOP
Customer Success Specialist Customer Service and Call Center 75,500 MOP
Customer Support Agent Customer Service and Call Center 35,500 MOP
Dispute Resolution Specialist Customer Service and Call Center 61,840 MOP
Field Service Representative Customer Service and Call Center 36,700 MOP
Guest Relations Officer Customer Service and Call Center 29,840 MOP
Guest Service Agent Customer Service and Call Center 26,280 MOP
Inbound Call Center Representative Customer Service and Call Center 34,480 MOP
Inbound Sales Representative Customer Service and Call Center 35,340 MOP
Internet Banking Supervisor Customer Service and Call Center 110,380 MOP
Lead Administrator Customer Service and Call Center 66,120 MOP
Logistics Coordinator Customer Service and Call Center 36,580 MOP
Operations Support Manager Customer Service and Call Center 101,120 MOP
Real Time Analyst Customer Service and Call Center 68,400 MOP
Regional Account Manager Customer Service and Call Center 116,380 MOP
Service Administrator Customer Service and Call Center 56,880 MOP
Service Delivery Manager Customer Service and Call Center 113,700 MOP
Service Writer Customer Service and Call Center 30,700 MOP
Sourcing Assistant Customer Service and Call Center 27,020 MOP
Telephone Operator Customer Service and Call Center 25,440 MOP
Vendor Administration Specialist Customer Service and Call Center 45,580 MOP
Workforce Manager Customer Service and Call Center 74,540 MOP

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