Commodities Sourcing Manager Salary

Commodities Sourcing Managers in the United States can expect wages of $81K annually on average. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to a strong majority. More than half of Commodities Sourcing Managers (67 percent) survey respondents are men. The majority of Commodities Sourcing Managers claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$56,498 - $103,593
$56K
$81K
$100K
MEDIAN: $80,839
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$56,498 - $103,593  
   
Bonus
$0.00 - $17,617  
Profit Sharing
$3,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$56,498 - $114,715  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 49

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United States (change)

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Job Description for Commodities Sourcing Manager

Commodities sourcing managers are responsible for executing commodities and finding the best sources for client portfolios on behalf of their company. These individuals are in charge of managing vendor and client relationships to find the best cost/expense commodities ratios for customers and must have strong communication skills to interact with a variety of clients and find the best sourcing strategies for financial projects.

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Commodities Sourcing Manager Tasks

  • Implement and train employees on company best practices and ensure department-wide compliance.
  • Effectively manage team and ensure that established guidelines and benchmarks are met.
  • Build and maintain effective supplier and vendor relationships.
  • Maintain key performance metrics appropriate for each commodity category and suppliers.

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Pay by Experience Level for Commodities Sourcing Manager

Pay by Experience for a Commodities Sourcing Manager has a positive trend. An entry-level Commodities Sourcing Manager with less than 5 years of experience can expect to earn an average total compensation of $72,000 based on 20 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commodities Sourcing Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $81,000 based on 14 salaries. An experienced Commodities Sourcing Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $93,000 based on 13 salaries. A Commodities Sourcing Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $87,000 based on 9 salaries.

Related Job Salaries

Key Stats for Commodities Sourcing Manager

Gender

Female
33 %
Male
67 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
Less than 1 year
2%
1-4 years
27%
5-9 years
24%
10-19 years
27%
20 years or more
20%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Commodities Sourcing Manager Salaries

Experienced
▲13%

Late-Career
▲6%

National Average
$82,000

Mid-Career
▼2%

Entry-Level
▼12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
24%
10-19 years
27%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 81%
vision benefits
Vision: 78%
no benefits
None: 8%
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