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

The average Purchasing Agent in the United States can expect to rake in roughly $48K annually. Pay ranges from $31K on the low end to $66K per year on the high end. Cash earnings for Purchasing Agents — including $5K in bonuses and $7K in profit sharing proceeds near the top of the pay scale — generally stretch from $31K to $66K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by career length. Women make up a slight majority of Purchasing Agents (51 percent) survey respondents. Medical benefits are awarded to most, and the greater part earn dental coverage. The majority of workers are highly satisfied with their job. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$34,492 - $69,738
(Median)
$34K
$48K
$70K
MEDIAN: $48,266
10%
50%
90%

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$12.68 - $23.66
(Median)
$13
$17
$24
MEDIAN: $17.00
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$24K$48K$72K
Salary
$34,492 - $69,738  
   
Bonus
$0.00 - $5,129  
Profit Sharing
$406.95 - $6,934  
Commission
$0.00  
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).
)
$30,880 - $66,284  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,778
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$12$24$36
Hourly Rate
$12.68 - $23.66  
   
Overtime
$19.06 - $34.89  
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$24K$48K$72K
Bonus
$0.00 - $5,129  
   
Commission
$0.00  
Profit Sharing
$406.95 - $6,934  
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).
)
$30,880 - $66,284  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 855
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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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Purchasing Agents sometimes assume positions such as Purchasing Directors. That role pays $84K per year on average. A common career progression for a Purchasing Agent is to become a Purchasing Manager or a Purchasing Manager. Compared to Purchasing Agents, the first group earns $16K more on average, and the second group earns $4K more.

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)


Survey takers working as Purchasing Agents report using a large range of professional skills. Most notably, facility with Sourcing, Contract Negotiation, and Procurement are correlated to pay that is significantly above average, leading to increases of 23 percent, 18 percent, and 9 percent, respectively. At the other end of the pay range are skills like Order Inventory, Inventory Control, and Materials Requirement Planning. Most people who know Purchasing also know Inventory Management, Procurement, and Contract Negotiation. Skill sets containing Vendor Management also tend to include Procurement.

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, experience does not seem to be a major factor in determining pay. Workers with less than five years' experience earn around $40K on average, and those who have five to 10 years under their belts see a higher median salary of $45K. For Purchasing Agents, 10 to 20 years of experience on the job amounts to an average salary of $50K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $53K.

Pay Difference by Location

National Average: $44,722

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

Home to some of the best pay for Purchasing Agents, New York offers exceptional salaries, 30 percent above the national average. Purchasing Agents can also look forward to large paychecks in cities like Los Angeles (+25 percent), Seattle (+20 percent), Denver (+19 percent), and Chicago (+18 percent). Trailing the national average by 10 percent, Elkhart is the market with the smallest paychecks.

Related Job Salaries

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




National Average
$45,000


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

Sourcing
up arrow 23%






National Average
$45,000

Purchasing
up arrow 1%

Microsoft Excel
up arrow 1%

Microsoft Office
up arrow 1%

Inventory Management
up arrow 3%


Materials Requirement Planning (MRP)
up arrow 6%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 489 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
3%
1-4 years
33%
5-9 years
25%
10-19 years
24%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 68%
medical benefits
Vision: 51%
dental benefits
None: 14%
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