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Junior Buyer Salary

It's impossible to make it big as a Junior Buyers in the United States; the average employee scrapes together only around $41K annually. Overall incomes of Junior Buyers generally bottom out at around $28K and peak near $52K; the final number can, in exceptional cases, include upwards of $5K each for bonuses and profit sharing proceeds. Residence is the biggest factor affecting pay for this group, followed by career length. Most Junior Buyers like their work and job satisfaction is high. Medical benefits are awarded to a strong majority, and more than half earn dental coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$30,214 - $54,377
(Median)
$30K
$41K
$54K
MEDIAN: $41,091
10%
50%
90%

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$12.18 - $20.62
(Median)
$12
$16
$21
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$19K$38K$57K
Salary
$30,214 - $54,377  
   
Bonus
$0.00 - $4,946  
Profit Sharing
$0.00 - $4,890  
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).
)
$28,266 - $52,457  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 261
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$11$22$33
Hourly Rate
$12.18 - $20.62  
   
Overtime
$16.39 - $30.45  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Bonus
$0.00 - $4,946  
   
Profit Sharing
$0.00 - $4,890  
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).
)
$28,266 - $52,457  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 159
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Job Description for Junior Buyer

Junior buyers are responsible for administrative and financial related tasks for their organization. They manage different aspects of supplier products, inspecting quality and arranging shipping costs. They also coordinate company purchases with other departments and authorize use of resources. Junior buyers must maintain accurate records of current and prospect suppliers and their performance, and so they need to possess strong data entry skills.

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Junior Buyer Tasks

  • Advise retail outlets how to price products based on purchase price and market trends.
  • Research suppliers to determine which ones fit company pricing and quality objectives.
  • Assist buyers and managers with writing purchase orders, buying merchandise, and managing inventory.

Common Career Paths for Junior Buyer


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Though not the most common occurrence, Junior Buyers sometimes become Senior Buyers, where the average income is $65K per year. Buyers or Industrial Components Buyers are common next-step roles for Junior Buyers moving up in their careers; annual pay for Buyers is $6K higher on average, and it's $7K higher for Industrial Components Buyers.

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Survey results imply that Junior Buyers put a diverse skill set to use. Most notably, skills in Data Analysis, Microsoft Office, Microsoft Excel, and Purchasing are correlated to pay that is above average. Those listing Data Entry as a skill should be prepared for drastically lower pay. Order Inventory and Purchasing also typically command lower compensation.

Pay by Experience Level for Junior Buyer

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Salaries of relatively inexperienced workers fall in the neighborhood of $39K, but folks who have racked up five to 10 years see a notably higher median of $40K. After working for 10 to 20 years, Junior Buyers make a median salary of $41K. Folks who have racked up more than 20 years in the field report incomes that aren't higher than less experienced individuals' earnings.

Related Job Salaries

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Experience Affects Junior Buyer Salaries

Experienced
up arrow 4%

Late-Career
up arrow 4%

Mid-Career
up arrow 2%

National Average
$39,000


Skills That Affect Junior Buyer Salaries

National Average
$39,000

Data Analysis
up arrow 1%

Microsoft Office
up arrow 2%

Microsoft Excel
up arrow 5%

Purchasing
up arrow 7%

Order Inventory
up arrow 20%

Data Entry
up arrow 23%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 61 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
12%
1-4 years
58%
5-9 years
17%
10-19 years
10%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 80% dental benefits Dental: 69%
vision benefits Vision: 58% employee benefits None: 18%
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