An average Procurement Specialist in the United States can expect to take home roughly $55K annually. With some bonuses approaching $10K and certain profit sharing proceeds approaching $8K, overall incomes of Procurement Specialists spread between $35K and $80K depending on individual performance. The most important factor affecting compensation for this group is geographic location, followed by the specific employer and years of experience. Most report receiving medical coverage from their employers and a large number collect dental insurance. The majority of Procurement Specialists claim high levels of job satisfaction. Women make up a slight majority of Procurement Specialists (56 percent) survey respondents. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$38,373 - $79,963
$38K
$55K
$80K
MEDIAN: $54,931
10%
50%
90%

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$14.03 - $28.41
$14
$20
$28
MEDIAN: $19.51
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
$38,373 - $79,963  
   
Bonus
$0.00 - $9,752  
Profit Sharing
$0.00 - $7,891  
Commission
$3,000  
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).
)
$35,006 - $80,293  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 1,146
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
$14.03 - $28.41  
   
Overtime
$19.51 - $39.56  
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 - $9,752  
   
Commission
$3,000  
Profit Sharing
$0.00 - $7,891  
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).
)
$35,006 - $80,293  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 340

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United States (change)

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Job Description for Procurement Specialist

Procurement specialists specialize in finding goods and services for businesses at the best price to ensure the businesses' continued functionality. This can include office supplies, inventory, and large scale purchases like real estate. These specialists are counted on to meet budgetary constraints and increase profitability.

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Procurement Specialist Tasks

  • Negotiate with different suppliers for price, quality, timeliness and other factors.
  • Expedite and liaise with suppliers to ensure timely delivery of goods.
  • 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.

Common Career Paths for Procurement Specialist


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Procurement Specialists' salaries may rise greatly for those who assume a higher-end position such as a Strategic Sourcing Manager. The average Strategic Sourcing Manager brings home $91K per year. The most common next step for a Procurement Specialist is to become a Procurement Manager or a Purchasing Manager. The former position pays an additional $25K per year on average, and the latter position pays $8K more per year.

Procurement Agent Job Listings

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Popular Employer Salaries for Procurement Specialist


Leading companies who hire large numbers of Procurement Specialists include Schlumberger, ConAgra Foods Inc., Bechtel Corporation, Bell Helicopter Textron Inc., and Siemens. Procurement Specialists seeking a sizable paycheck can earn the most at Siemens, where the average salary comes to $70K. Also paying near the top of the field are Bechtel Corporation at $61K, Raytheon Co. at $58K, and Schlumberger, where Procurement Specialists annually earn $55K.

Workers at Bell Helicopter Textron Inc., ConAgra Foods Inc., and Schlumberger also face smaller salaries than the rest of the field — average earnings for these employers come to $50K, $51K, and $55K respectively.

Popular Skills for Procurement Specialist


Survey results imply that Procurement Specialists deploy a deep pool of skills on the job. Most notably, skills in Contract Negotiation, Contract Management, People Management, and Project Management are correlated to pay that is above average, with boosts between 10 percent and 16 percent. Skills that seem to negatively impact pay include Accounts Payable, Inventory Management, and Microsoft Office. Most people experienced in Procurement also know Negotiation and Contract Management.

Pay by Experience Level for Procurement Specialist

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


For Procurement Specialists, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Workers in their first five years can expect to earn $48K, but people who have been around for five to 10 years earn a noticeably bigger sum of $56K. Procurement Specialists claiming one to two decades of experience make an estimated median of $58K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $60K.

Pay Difference by Location

National Average: $52,309

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

Surpassing the national average by 27 percent, Procurement Specialists in Washington receive some of the highest pay in the country. Procurement Specialists can also look forward to large paychecks in cities like Arlington (+23 percent), Houston (+17 percent), New York (+16 percent), and Chicago (+15 percent). Procurement Specialists in Charlotte take home the lowest salaries, earning a whopping 27 percent less than the national average. A couple other locations with smaller-than-average paychecks include Denver (5 percent lower) and Portland (3 percent lower).

Procurement Specialist Reviews

Q: What is it like working as a Procurement Specialist?

Procurement Specialist in Anchorage:
"Training and learning experience. Opportunity to move up."
Pros: Learning Experience. Having the opportunity to move up and encouragement to do so.
Cons: Sometimes there is not enough work.

Related Job Salaries

Key Stats for Procurement Specialist

Gender

Female
56 %
Male
44 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 222 votes.
041
Less than 1 year
6%
1-4 years
42%
5-9 years
25%
10-19 years
18%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Procurement Specialist Salaries




National Average
$52,000


Skills That Affect Procurement Specialist Salaries



People Management
up arrow 10%


Microsoft Excel
up arrow 6%

SAP Enterprise Resource Planning (ERP)
up arrow 6%



Data Analysis
0%

National Average
$52,000





Microsoft Office
up arrow 10%

Accounts Payable
up arrow 20%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 222 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
6%
1-4 years
42%
5-9 years
25%
10-19 years
18%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 80%
vision benefits
Vision: 70%
dental benefits
None: 10%
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