Procurement Analyst Salary (United States)

A relatively inexperienced group of workers, 55 percent of Procurement Analysts report fewer than five years of experience; the average pay for this group is around $54,195 annually. The top of the range reaches $83,051 per year, and the bottom approaches $37,131. Cash earnings of Procurement Analysts can occasionally include $6,212 each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $37,131 to almost $83,051. Residency and tenure each impact pay for this group, with the former having the largest influence. A solid majority report receiving medical coverage from their employers and most collect dental insurance. Men are barely outnumbered by their female counterparts, who make up a slight majority at 55 percent. Most workers in this position report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
Procurement Analyst Salary (?
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.
)
$38,023 - $82,131
(Median)
38K
46K
55K
67K
82K
MEDIAN: $55,245
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px
Procurement Analyst Salary (?
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.
)
$15.04 - $32.33
(Median)
15
18
21
24
32
MEDIAN: $21.00
10%
25%
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$28K$56K$84K
Salary
$38,023 - $82,131  
   
Bonus
$0.00 - $6,212  
Profit Sharing
$309.13 - $5,527  
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).
)
$37,131 - $83,051  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 469
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$17$34$51
Hourly Rate
$15.04 - $32.33  
   
Overtime
$22.35 - $50.89  
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$50K$100K$150K
Bonus
$0.00 - $6,212  
   
Profit Sharing
$309.13 - $5,527  
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).
)
$37,131 - $83,051  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 72
Is Procurement Analyst your job title? Get a personalized salary report!
Location:
United States (change)
Years in Field/Career:

Job Description for Procurement Analyst

A procurement analyst builds new relationships between the company and vendors, and ensures that these relationships are maintained to the satisfaction of all parties. The analyst also negotiates arrangements for the purchase of the goods, materials, and services the company requires within its budget limitations. In meetings with vendors, the procurement analyst must determine prices and set up a system of delivery, as well as research the market appropriately to ensure that the company is getting the best possible value. They must research the vendors to verify their credibility and ability to provide what is promised, as well as keep abreast of data resulting from the vendor relationship to make sure it is worth maintaining in its present form or at all.
Read More...
Procurement Analyst Tasks
  • Negotiate costs, specifications, and timelines with vendors and suppliers, ensuring beneficial contracts.
  • Coordinate payment, delivery, scheduling, and organization of purchases, and place orders to ensure ongoing supply.
  • Define, measure, and track categories for spending to provide targeted analyses of budget.
  • Collect and analyze organization-wide data to support decision-making groups.
  • Update system and inventory data, leading data quality and assurance.

Procurement Analyst Job Listings

Search for more jobs:
job title / company
location

Popular Skills for Procurement Analyst

Overall, survey participants reported applying a fair number of skills to their work. Most notably, facility with Sourcing, Contract Negotiation, and Contract Management are correlated to pay that is significantly above average, leading to increases of 27 percent, 16 percent, and 15 percent, respectively. Most people familiar with Data Analysis also know Microsoft Excel and Contract Negotiation. Skill sets containing Purchasing also tend to include Contract Negotiation and Microsoft Excel.

Pay by Experience Level for Procurement Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.
In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher salaries. At career start, salaries are typically $50K, which grow to $59K after five to 10 years. Between 10 and 20 years, pay reaches $63K. After spending 20 years in the field, salary continues to increase for Procurement Analysts and pay is expected at $88K. Experienced employees who have 10-20 years of experience make up 16 percent of the workforce; inexperienced individuals who have been working for less than one year comprise less than 10 percent, and senior people with more than 20 years under their belt fill out the remaining less than five percent. Between one and nine years of experience is the norm for people in this field—most of those surveyed fit this bill.

Pay Difference By Location

Washington
up arrow 53%
Denver
up arrow 15%
Everett
up arrow 13%
up arrow 12%
Seattle
up arrow 12%
Dallas
up arrow 10%
Philadelphia
up arrow 6%
National Average
$54,000
New York
up arrow 1%
Chicago
up arrow 2%
Atlanta
up arrow 3%
San Antonio
up arrow 3%
Charlotte
up arrow 13%
Miami
up arrow 33%
Larger circles over a city indicate a job is popular in that location.
For Procurement Analysts, Washington provides a pay rate that is 53 percent greater than the national average. Denver, Everett, Houston, and Seattle are a few other cities that offer generous salaries, with Procurement Analysts earning around 15 percent, 13 percent, 12 percent, and 12 percent more than average. Procurement Analysts in Miami earn salaries far below the national average by 33 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Employers in Charlotte and Atlanta also lean toward paying below-median salaries (-13 percent and -3 percent, respectively).

Related Job Salaries

Experience Affects Procurement Analyst Salaries

National Average
$54,000

Skills That Affect Procurement Analyst Salaries

Sourcing
up arrow 27%
SAP Materials Management (SAP MM)
up arrow 13%
Purchasing
up arrow 3%
Microsoft Excel
up arrow 3%
Data Analysis
0%
National Average
$54,000

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 120 votes.

Gender

Female
55%
female alumni
 
Male
45%
male alumni

Years of Experience

Less than 1 year
7%
1-4 years
48%
5-9 years
24%
10-19 years
16%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 76%
vision benefits Vision: 60% employee benefits None: 12%
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -