Purchasing Agent (but not Wholesale, Retail, or Farm Products) Salary

Purchasing Agents in the United States take home an average $48K per year. Earnings sit near $30K on the lower side but can approach $66K per year on the higher side. Total cash earnings of Purchasing Agents range from $30K on the low end to $66K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $5K and $8K, respectively. Residence and experience level each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 53 percent. A large number report receiving medical coverage from their employers and more than half collect dental insurance. This overview is based on answers to PayScale's salary questionnaire.

$33,960 - $69,720
(Median)
$34K
$48K
$70K
MEDIAN: $47,599
10%
50%
90%

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$12.31 - $23.29
(Median)
$12
$17
$23
MEDIAN: $16.00
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$24K$48K$72K
Salary
$33,960 - $69,720  
   
Bonus
$0.00 - $5,066  
Profit Sharing
$398.22 - $8,109  
Commission
$0.00 - $6,953  
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).
)
$30,482 - $66,179  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,731
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$12$24$36
Hourly Rate
$12.31 - $23.29  
   
Overtime
$17.96 - $34.06  
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$24K$48K$72K
Bonus
$0.00 - $5,066  
   
Commission
$0.00 - $6,953  
Profit Sharing
$398.22 - $8,109  
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).
)
$30,482 - $66,179  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 863

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Job Description for Purchasing Agent (but not Wholesale, Retail, or Farm Products)

A company’s purchasing agent (in fields other that wholesale, retail, or farm products) has extensive knowledge of computers and a company's economic procedures. They use those skills to ensure purchasing and orders run smoothly. Purchasing agents must maintain good relationships with current vendors and buyers, which includes communicating changes in products, any new products that the vendor may be interested in purchasing, and any promotions by the company. The purchasing agent keeps up with current product demands and try to increase sales from vendors and buyers. Purchasing agents also regularly work with sales and marketing departments of the company to identify any products or services of the company that are not selling well to decide whether the product should be taken off the market.

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Purchasing Agent (but not Wholesale, Retail, or Farm Products) Tasks

  • Test and evaluate sample products, draw up and approve requisitions, and ensure adequate supply.
  • Research and identify vendors, and negotiate to achieve desired quality, price, and timetables.
  • Inventory existing property and conduct audits.
  • Procure and contract for goods and services in a specific industry.
  • Take corrective action when defective goods are received.

Common Career Paths for Purchasing Agent (but not Wholesale, Retail, or Farm Products)


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It's not very common for Purchasing Agents to move on to become Purchasing Directors. Average pay for a Purchasing Director is $84K annually. Career advancement for the typical Purchasing Agent often leads to becoming a Purchasing Manager or a Purchasing Manager; median salaries in these positions are $16K higher and $4K higher, respectively.

Purchasing Agent (but not Wholesale, Retail, or Farm Products) Job Listings

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Popular Skills for Purchasing Agent (but not Wholesale, Retail, or Farm Products)


Purchasing Agents seem to require a rather large skill set. Most notably, skills in Contract Negotiation, Procurement, Vendor Management, and Negotiation are correlated to pay that is above average, with boosts between 8 percent and 20 percent. At the other end of the pay range are skills like Order Inventory, Inventory Control, and Inventory Management. The majority of those who know Vendor Management also know Procurement. Most people experienced in Purchasing also know Inventory Management, Procurement, and Contract Negotiation.

Pay by Experience Level for Purchasing Agent (but not Wholesale, Retail, or Farm Products)

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


Purchasing Agents do not generally earn higher incomes from more experience in the field. Survey participants with less than five years' experience pocket $40K on average, but those with five to 10 years of experience enjoy a much bigger median of $44K. Purchasing Agents bring in $50K after working for 10 to 20 years. People who have worked for more than 20 years report a median income of $53K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


New York is home to an above-average pay rate for Purchasing Agents, 28 percent higher than the national average. Purchasing Agents will also find cushy salaries in Los Angeles (+26 percent), Seattle (+24 percent), Denver (+20 percent), and Chicago (+15 percent). Those in the field find the lowest salaries in Elkhart, 9 percent below the national average. Employers pay around 3 percent less in San Diego and 2 percent less in Miami, below-median salaries for those in this field.

Related Job Salaries

United States (change)

Experience Affects Purchasing Agent (but not Wholesale, Retail, or Farm Products) Salaries




National Average
$44,000


Skills That Affect Purchasing Agent (but not Wholesale, Retail, or Farm Products) Salaries





Data Analysis
up arrow 4%

Microsoft Office
0%

National Average
$44,000

Purchasing
up arrow 1%

Microsoft Excel
up arrow 1%

Inventory Management
up arrow 4%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 539 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
3%
1-4 years
32%
5-9 years
27%
10-19 years
23%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 67%
vision benefits Vision: 50% employee benefits None: 15%