Procurement Agents in the United States can expect to earn an average of $57K annually. Total cash earnings of Procurement Agents range from $34K on the low end to $85K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $5K and $4K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Most workers in this position report high levels of job satisfaction. Male Procurement Agents are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 51 percent of the field. Most report receiving medical coverage from their employers and a large number collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$37,437 - $85,136
(Median)
$37K
$57K
$85K
MEDIAN: $57,062
10%
50%
90%

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$12.45 - $28.84
(Median)
$12
$19
$29
MEDIAN: $19.00
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$29K$58K$87K
Salary
$37,437 - $85,136  
   
Bonus
$202.73 - $5,207  
Profit Sharing
$394.53 - $4,102  
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).
)
$34,343 - $84,661  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 357
National Hourly Rate 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$17$34$51
Hourly Rate
$12.45 - $28.84  
   
Hourly Tips
$1.16  
Overtime
$22.83 - $49.55  
National Annualized 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
Bonus
$202.73 - $5,207  
   
Profit Sharing
$394.53 - $4,102  
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).
)
$34,343 - $84,661  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 112
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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.

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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


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Procurement Agents who move on to become Procurement Managers may enjoy significant pay raises, as Procurement Managers get paid an average of $77K per year.

Procurement Agent Job Listings

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Popular Skills for Procurement Agent


Procurement Agents report using a large range of skills on the job. Most notably, facility with Supplier Management, Procurement, and Contract Management are correlated to pay that is significantly above average, leading to increases of 43 percent, 40 percent, and 38 percent, respectively. At the other end of the pay range are skills like Materials Requirement Planning, Data Analysis, and Inventory Management. Most people who know Contract Negotiation also know Negotiation.

Pay by Experience Level for Procurement Agent

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


Experience and pay tend to be weakly linked for Procurement Agents — those with more experience do not necessarily bring in higher earnings. The average worker who claims fewer than five years of experience earns around $50K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $59K. Procurement Agents see a median salary of $66K after reaching one to two decades on the job. Procurement Agents who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $69K on average.

Pay Difference by Location

National Average: $54,226

Larger city markers indicate a job is popular in that location.

Mesa is home to an above-average pay rate for Procurement Agents, 41 percent higher than the national average. Procurement Agents can also look forward to large paychecks in cities like Houston (+34 percent), Everett (+29 percent), Philadelphia (+19 percent), and Los Angeles (+18 percent). Those in the field find the lowest salaries in St. Louis, 13 percent below the national average. Workers in Miami and Dallas earn salaries that trail the national average for those in this profession (12 percent less and 8 percent less, respectively).

Related Job Salaries

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Experience Affects Procurement Agent Salaries




National Average
$54,000


Skills That Affect Procurement Agent Salaries

Supplier Management
up arrow 43%

Procurement
up arrow 40%

Contract Management
up arrow 38%

Program Management
up arrow 27%

Project Management
up arrow 27%


Sourcing
up arrow 8%


Vendor Management
up arrow 4%

Purchasing
up arrow 1%

National Average
$54,000


Materials Requirement Planning (MRP)
up arrow 8%

Data Analysis
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 66 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
6%
1-4 years
40%
5-9 years
23%
10-19 years
19%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 80%
medical benefits
Vision: 70%
dental benefits
None: 12%
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