Procurement Specialists in the United States pull down an average of $55K per year. Overall incomes of Procurement Specialists generally bottom out at around $35K and peak near $80K; the final number can, in exceptional cases, include upwards of $10K each for bonuses and profit sharing proceeds. Geographic location is the main element affecting pay for this group — the company and tenure are driving factors as well. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a majority. Job satisfaction is high and work is enjoyable for most Procurement Specialists. Women Procurement Specialists who took the survey just slightly outnumber men. This report is based on answers to PayScale's salary questionnaire.
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$38,248 - $80,263
(Median)
$38K
$55K
$80K
MEDIAN: $54,596
10%
50%
90%

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$14.04 - $28.18
(Median)
$14
$19
$28
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$27K$54K$81K
Salary
$38,248 - $80,263  
   
Bonus
$0.00 - $9,562  
Profit Sharing
$0.00 - $9,863  
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).
)
$35,168 - $79,955  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,134
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
$14.04 - $28.18  
   
Overtime
$19.61 - $39.45  
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 - $9,562  
   
Commission
$3,000  
Profit Sharing
$0.00 - $9,863  
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).
)
$35,168 - $79,955  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 319
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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

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

Common Career Paths for Procurement Specialist


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Procurement Specialists who transition into a Strategic Sourcing Manager role may receive large pay increases as the latter position pays an average $91K per year. A common career progression for a Procurement Specialist is to become a Procurement Manager or a Senior Buyer. Compared to Procurement Specialists, the first group earns $25K more on average, and the second group earns $14K more.

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. For Procurement Specialists, comfortable salaries can be found at Siemens; in fact, median earnings sit around $70K, the highest in the area. Bechtel Corporation, Raytheon Co., and Schlumberger also offer top salaries for Procurement Specialists. Workers at these firms can expect to earn about $61K, $58K, and $55K, respectively.

Bell Helicopter Textron Inc., ConAgra Foods Inc., and Schlumberger also rank near the bottom for pay, handing out $50K, $51K, and $55K-paychecks on average.

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, People Management, Contract Management, and Project Management are correlated to pay that is above average, with boosts between 9 percent and 13 percent. Skills that seem to negatively impact pay include Accounts Payable, Microsoft Office, and Inventory Management. 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 many Procurement Specialists, extensive experience does not lead to significantly more money. Those in the early stages of their career can expect to make around $48K; however, individuals with five to 10 years of experience bring in $55K on average — a distinctly larger sum. After working for 10 to 20 years, Procurement Specialists make a median salary of $58K. Procurement Specialists who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $59K.

Pay Difference by Location

National Average: $51,945

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

With a pay rate for Procurement Specialists that is 24 percent greater than the national average, Washington offers a comfortable salary for those in this profession. Procurement Specialists will also find cushy salaries in Arlington (+24 percent), Houston (+18 percent), New York (+16 percent), and Atlanta (+9 percent). Procurement Specialists in Charlotte make 26 percent less than the national average, proving that location is a major factor in pay. Not at the bottom but still paying below the median are employers in Austin and Chicago (11 percent lower and 6 percent lower, respectively).

Procurement Specialist Reviews

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.

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Experience Affects Procurement Specialist Salaries




National Average
$52,000


Skills That Affect Procurement Specialist Salaries


People Management
up arrow 10%



Microsoft Excel
up arrow 7%

SAP Enterprise Resource Planning (ERP)
up arrow 7%

Negotiation
up arrow 4%

Sourcing
up arrow 3%

Data Analysis
up arrow 1%

National Average
$52,000

Procurement
up arrow 2%

Purchasing
up arrow 3%

Vendor Management
up arrow 3%


Microsoft Office
up arrow 13%

Accounts Payable
up arrow 19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 213 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
5%
1-4 years
41%
5-9 years
25%
10-19 years
19%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 80%
medical benefits
Vision: 69%
dental benefits
None: 10%
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