What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »
Browse Categories

Procurement Agent Salary

Median pay for Procurement Agents in the United States is around $53K per year. Incomes of Procurement Agents vary widely depending on performance components; bonuses and profit sharing that can occasionally exceed $5K cause paychecks to spread between $34K on the low end and $81K on the high end. Location and career duration each impact pay for this group, with the former having the largest influence. For the most part, Procurement Agents enjoy their work and report high levels of job satisfaction. Women make up a slight majority of Procurement Agents (55 percent) survey respondents. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. The numbers in this rundown were provided by PayScale's salary survey participants.
$37,158 - $80,951
(Median)
37K
45K
53K
67K
81K
MEDIAN: $53,311
10%
25%
50%
75%
90%

Add this chart to your site: 640px    300px

$13.61 - $27.31
(Median)
14
20
23
27
MEDIAN: $19.00
10%
50%
75%
90%

Add this chart to your site: 640px    300px

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$27K$54K$81K
Salary
$37,158 - $80,951  
   
Bonus
$0.00 - $5,176  
Profit Sharing
$486.05 - $5,000  
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).
)
$34,388 - $80,932  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 481
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$15$30$45
Hourly Rate
$13.61 - $27.31  
   
Overtime
$21.03 - $42.28  
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$30K$60K$90K
Bonus
$0.00 - $5,176  
   
Profit Sharing
$486.05 - $5,000  
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).
)
$34,388 - $80,932  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 138
United States (change)

Job Description for Procurement Agent

A procurement agent is responsible for buying high-quality items for clients at the lowest possible prices and in the correct amount. They also prepare purchase orders and solicit bid proposals, as well as review requests for goods while making sure items' suppliers offer appropriate pricing, selection, support, and reliability. The procurement agent must also follow all local laws and regulations related to purchasing and selling items, as well as negotiate and renegotiate contracts with vendors or suppliers as necessary. They must also keep their supervisors informed of their progress and provide business transaction logs, information on contract changes, and updates on item shipments.

Read More...

Procurement Agent Tasks

  • Write and analyze requisitions, invoices, supply requests and supply orders.
  • Track and monitor inventory and needs to determine when to order or purchase new items.
  • Negotiate with different suppliers for price, quality, timeliness and other factors.
  • Expedite and liaise with suppliers to ensure timely delivery of goods.

Common Career Paths for Procurement Agent


Add this chart to your site:   640px 640px    300px 300px


Procurement Agents' salaries can rise greatly for those who assume a higher-end position such as a Procurement Manager. Procurement Managers get paid an average $76K per year.

Procurement Agent Job Listings

Search for more jobs:

Popular Skills for Procurement Agent


Survey results show that Procurement Agents use a fair number of skills. Most notably, facility with Contract Management, Project Management, and Sourcing are correlated to pay that is significantly above average, leading to increases of 44 percent, 17 percent, and 13 percent, respectively. Those proficient in Contract Negotiation are, more often than not, also skilled in Negotiation.

Pay by Experience Level for Procurement Agent

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


Experience does not seem to be a strong driver of pay increase in this role. Folks with fewer than five years of experience take home $49K on average, and those who have worked for five to 10 years see a bigger median salary of $55K. Procurement Agents bring in $57K after working for 10 to 20 years. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $70K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location


Los Angeles offers some of the highest pay in the country for Procurement Agents, 35 percent above the national average. Procurement Agents will also find cushy salaries in Washington (+25 percent), Philadelphia (+21 percent), Seattle (+19 percent), and Dallas (+13 percent). Procurement Agents in Chicago earn salaries far below the national average by 23 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Workers in Atlanta and Miami earn salaries that trail the national average for those in this profession (19 percent less and 7 percent less, respectively).

Related Job Salaries

Experience Affects Procurement Agent Salaries




National Average
$52,000


Skills That Affect Procurement Agent Salaries

Contract Management
up arrow 44%

Project Management
up arrow 17%

Sourcing
up arrow 13%

Supplier Management
up arrow 12%

Materials Requirement Planning (MRP)
up arrow 12%


Vendor Management
up arrow 8%

Negotiation
up arrow 4%

Purchasing
0%

National Average
$52,000

Inventory Management
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 129 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
4%
1-4 years
33%
5-9 years
25%
10-19 years
25%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 79%
vision benefits Vision: 68% employee benefits None: 9%