Procurement Specialist Salary

A Procurement Specialist earns an average salary of $54,931 per year. Skills that are associated with high pay for this job are Contract Negotiation and Contract Management. For the first five to ten years in this position, pay increases modestly, but any additional experience does not have a big effect on pay. People in this job generally don't have more than 20 years' experience.
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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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Popular Employer Salaries for Procurement Specialist

Popular Skills for Procurement Specialist

Pay by Experience Level for Procurement Specialist

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

Pay Difference by Location

National Average: $52,309

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

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.
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

▲14%

▲11%

▲7%

National Average
$52,000

▼7%

Skills That Affect Procurement Specialist Salaries



People Management
▲10%


Microsoft Excel
▲6%

SAP Enterprise Resource Planning (ERP)
▲6%

▲4%

▲3%

Data Analysis
▼0%

National Average
$52,000

▼2%

▼4%



Microsoft Office
▼10%

Accounts Payable
▼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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