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

Purchasing Agents in the United States take home an average $47K per year. The pay spectrum stretches from $30K to $66K per year. Total cash compensation for Purchasing Agents runs from $30K to $66K depending on bonuses that can occasionally exceed $5K and profit sharing that can reach almost $8K. Geographic location 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. Medical benefits are awarded to a large number, and the larger part earn dental coverage. Women Purchasing Agents who took the survey just slightly outnumber men. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
$33,538 - $69,476
(Median)
34K
39K
47K
57K
69K
MEDIAN: $46,821
10%
25%
50%
75%
90%

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$12.21 - $23.10
(Median)
12
14
16
20
23
MEDIAN: $16.00
10%
25%
50%
75%
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
$33,538 - $69,476  
   
Bonus
$0.00 - $5,056  
Profit Sharing
$491.32 - $7,500  
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).
)
$30,302 - $65,899  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,770
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
$12.21 - $23.10  
   
Overtime
$17.45 - $34.79  
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 - $5,056  
   
Commission
$0.00 - $6,953  
Profit Sharing
$491.32 - $7,500  
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).
)
$30,302 - $65,899  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 863
United States (change)

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. When Purchasing Agents are ready for the next step in their careers, they often become Purchasing Managers or Purchasing Managers. Those roles pay an additional $16K and $5K, 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 report using a deep pool of skills on the job. Most notably, facility with Contract Negotiation, Procurement, and Vendor Management are correlated to pay that is significantly above average, leading to increases of 20 percent, 12 percent, and 8 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Order Inventory, Inventory Control, and Inventory Management. Those familiar with Purchasing also tend to 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.


For Purchasing Agents, more experience in the field does not usually mean bigger paychecks. Survey participants with less than five years' experience pocket $39K on average, but those with five to 10 years of experience enjoy a much bigger median of $44K. On average, Purchasing Agents make $49K following one to two decades on the job. Purchasing Agents who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $52K on average.

Pay Difference by Location


Surpassing the national average by 34 percent, Purchasing Agents in Seattle receive some of the highest pay in the country. Purchasing Agents will also find cushy salaries in New York (+28 percent), Los Angeles (+26 percent), Denver (+21 percent), and Chicago (+15 percent). With compensation 8 percent below the national average, Elkhart is not known for hefty paychecks and actually represents the lowest-paying market.

Related Job Salaries

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 3%

Microsoft Excel
0%

National Average
$44,000

Purchasing
up arrow 1%

Microsoft Office
up arrow 1%

Inventory Management
up arrow 4%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 568 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
14%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 68%
vision benefits Vision: 49% employee benefits None: 14%