The average Procurement Officer in the United States can expect to rake in roughly $49K annually. Experience level is the biggest factor affecting pay for this group, followed by geography. Work is enjoyable for Procurement Officers, who typically claim high levels of job satisfaction. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 59 percent. Most report receiving medical coverage from their employers and more than half collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$32,414 - $80,801
(Median)
$32K
$49K
$81K
MEDIAN: $49,364
10%
50%
90%

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$13.09 - $46.37
(Median)
$13
$20
$46
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$28K$56K$84K
Salary
$32,414 - $80,801  
   
Bonus
$0.00 - $15,319  
Profit Sharing
$5,600  
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).
)
$30,886 - $83,951  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 103
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$16$32$48
Hourly Rate
$13.09 - $46.37  
   
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$32K$64K$96K
Bonus
$0.00 - $15,319  
   
Profit Sharing
$5,600  
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).
)
$30,886 - $83,951  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 15
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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.


People who have worked for fewer than five years bring home $44K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $53K. Procurement Officers who work for 10 to 20 years in their occupation tend to earn about $52K. Seasoned veterans with 20 years under their belts enjoy a median income of $67K.

Related Job Salaries

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Experience Affects Procurement Officer Salaries

Late-Career
up arrow 36%

Mid-Career
up arrow 9%

Experienced
up arrow 5%

National Average
$49,000

Entry-Level
up arrow 11%

Skills That Affect Procurement Officer Salaries

Contract Management
up arrow 30%

Contract Negotiation
up arrow 16%

Purchasing
up arrow 7%

Procurement
0%

National Average
$49,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
2%
1-4 years
41%
5-9 years
26%
10-19 years
19%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 68%
medical benefits
Vision: 57%
dental benefits
None: 12%
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