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

Purchasing Agents in the United States take home an average $48K annually. Compensation ranges between $31K and $66K per year. Total cash earnings of Purchasing Agents range from $31K 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. Geography is the biggest factor affecting pay for this group, followed by experience level. Most report receiving medical coverage from their employers and more than half collect dental insurance. Most Purchasing Agents report high levels of job satisfaction. Women make up a slight majority of Purchasing Agents (53 percent) survey respondents. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$34,013 - $69,856
(Median)
$34K
$48K
$70K
MEDIAN: $47,747
10%
50%
90%

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$12.35 - $23.20
(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
$34,013 - $69,856  
   
Bonus
$0.00 - $5,066  
Profit Sharing
$395.48 - $7,742  
Commission
$0.00 - $3,500  
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).
)
$30,569 - $66,335  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,755
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
$12.35 - $23.20  
   
Overtime
$18.06 - $34.23  
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 - $3,500  
Profit Sharing
$395.48 - $7,742  
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).
)
$30,569 - $66,335  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 859

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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. 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 report using a large range of skills on the job. Most notably, skills in Contract Negotiation, Procurement, Vendor Management, and Negotiation are correlated to pay that is above average, with boosts between 7 percent and 20 percent. Skills that are correlated to lower pay, on the other hand, include Order Inventory, Inventory Control, and Inventory Management. Those educated in Purchasing tend to be well versed in 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. 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 $45K. Purchasing Agents with one to two decades of relevant experience report an average salary of approximately $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


Surpassing the national average by 29 percent, Purchasing Agents in New York receive some of the highest pay in the country. Purchasing Agents can also look forward to large paychecks in cities like Los Angeles (+26 percent), Seattle (+25 percent), Denver (+18 percent), and Chicago (+14 percent). Elkhart ranks last in the field for pay, reporting salaries 9 percent below the national average.

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 529 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
24%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 67%
vision benefits Vision: 50% employee benefits None: 14%
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