Procurement Officer Salary

Procurement Officers in the United States take home an average $57K annually. Experience level is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is high and work is enjoyable for most Procurement Officers. Most report receiving medical coverage from their employers and the greater part collect dental insurance. Female Procurement Officers are more common than men among those who completed the survey; more than half (61 percent) are women. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$34,591 - $97,119
(Median)
$35K
$57K
$97K
MEDIAN: $57,356
10%
50%
90%

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$11.66 - $29.59
(Median)
$12
$19
$30
MEDIAN: $18.00
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$33K$66K$99K
Salary
$34,591 - $97,119  
   
Bonus
$0.00 - $5,051  
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).
)
$33,025 - $93,450  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 102
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$16$32$48
Hourly Rate
$11.66 - $29.59  
   
Overtime
$22.25 - $35.03  
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$32K$64K$96K
Bonus
$0.00 - $5,051  
   
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).
)
$33,025 - $93,450  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 21
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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 financial goals and provide metrics to understand and report on initiatives and cost structure.
  • Ensure books and databases are up to date and accurate.
  • Review historical and competitive costs to identify cost savings opportunities and variances.
  • Analyze category, service, material, and vendor costs to provide key decision information.

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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 average inexperienced worker's salary is approximately $45K, and people with five to 10 years of experience bring in more at around $55K on average. Procurement Officers see a median salary of $69K after reaching one to two decades on the job. Procurement Officers with more than 20 years of experience report incomes that are no higher than those with 10 to 20 years on the job.

United States (change)

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Experience Affects Procurement Officer Salaries

Experienced
up arrow 28%

Late-Career
up arrow 27%

Mid-Career
up arrow 1%

National Average
$54,000

Entry-Level
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 30 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

1-4 years
30%
5-9 years
31%
10-19 years
29%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 67%
vision benefits Vision: 52% employee benefits None: 9%
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