Procurement Officers in the United States pull down an average of $50K annually. Career length is the biggest factor affecting pay for this group, followed by geography. The majority of Procurement Officers claim high levels of job satisfaction. Female Procurement Officers survey participants are more prevalent than men — 63 percent of professionals. Medical benefits are awarded to most, and the larger part earn dental coverage. The information for this snapshot was generated by responses to the PayScale salary survey.

$32,732 - $78,553
$33K
$50K
$79K
MEDIAN: $50,204
10%
50%
90%

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$11.50 - $37.50
$12
$19
$38
MEDIAN: $18.00
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$27K$54K$81K
Salary
$32,732 - $78,553  
   
Bonus
$0.00 - $16,176  
Profit Sharing
$2,200  
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).
)
$30,693 - $79,846  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 109
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$14$28$42
Hourly Rate
$11.50 - $37.50  
   
Overtime
$33.40  
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$28K$56K$84K
Bonus
$0.00 - $16,176  
   
Profit Sharing
$2,200  
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).
)
$30,693 - $79,846  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 14

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United States (change)

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Job Description for Procurement Officer

The procurement officer ensures the things purchased for the company provide the best possible value and outcomes, whether they be goods for resale, equipment, services, or materials. The procurement officer must be adept at analyzing the needs of the company and possible choices for purchase to meet these needs at the best prices possible while taking into account quality. The procurement officer must be able to ensure that the delivery of purchases meets the needs of the company without causing shortages or excessive surpluses. They must be able to gauge what levels must be kept of purchases to ensure consistent resource availability and performance.

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Procurement Officer Tasks

  • Review historical and competitive costs to identify cost savings opportunities and variances.
  • Analyze category, service, material, and vendor costs to provide key decision information.
  • Review financial goals and provide metrics to understand and report on initiatives and cost structure.
  • Ensure books and databases are up to date and accurate.

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Pay by Experience Level for Procurement Officer

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


The median compensation for relatively untried workers is $44K; in the five-to-10 year group, it's higher at around $54K. Procurement Officers claiming one to two decades of experience make an estimated median of $52K. Seasoned veterans with 20 years under their belts enjoy a median income of $65K.

Related Job Salaries

Key Stats for Procurement Officer

Gender

Female
63 %
Male
38 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.
Less than 1 year
2%
1-4 years
38%
5-9 years
24%
10-19 years
22%
20 years or more
13%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Procurement Officer Salaries

Late-Career
up arrow 32%

Mid-Career
up arrow 10%

Experienced
up arrow 6%

National Average
$50,000

Entry-Level
up arrow 12%

Skills That Affect Procurement Officer Salaries

Contract Management
up arrow 27%

Contract Negotiation
up arrow 7%

Purchasing
up arrow 6%

National Average
$50,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.

Gender

Female
63 %
Male
38 %

Years of Experience

Less than 1 year
2%
1-4 years
38%
5-9 years
24%
10-19 years
22%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 68%
vision benefits
Vision: 56%
dental benefits
None: 11%
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