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

Annual pay for Purchasing Agents in the United States typically comes in around $47K per year. Earnings generally vary between $30K and $66K per year. 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 $7K, respectively. Geography and experience level each impact pay for this group, with the former having the largest influence. The greater part report receiving medical coverage from their employers and more than half collect dental insurance. Women make up a slight majority of Purchasing Agents (53 percent). For the most part, Purchasing Agents enjoy their work and report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Purchasing Agent (but not Wholesale, Retail, or Farm Products) Salary (?
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.
)
$33,308 - $69,216
(Median)
33K
39K
47K
57K
69K
MEDIAN: $46,769
10%
25%
50%
75%
90%
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Purchasing Agent (but not Wholesale, Retail, or Farm Products) Salary (?
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.
)
$12.32 - $22.99
(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
$33,308 - $69,216  
   
Bonus
$0.00 - $5,052  
Profit Sharing
$492.12 - $7,288  
Commission
$0.00 - $14,795  
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).
)
$30,317 - $65,839  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,776
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
$12.32 - $22.99  
   
Overtime
$17.20 - $34.93  
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 - $5,052  
   
Commission
$0.00 - $14,795  
Profit Sharing
$492.12 - $7,288  
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).
)
$30,317 - $65,839  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 883
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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. Typical 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 $17K 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 21 percent, 12 percent, and 8 percent, respectively. Skills that seem to negatively impact pay include Order Inventory, Inventory Control, and Inventory Management. For most people, competency in Purchasing indicates knowledge of 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, experience does not seem to be a major factor in determining pay. The average beginner in this position makes around $39K, but folks who have been around for five to 10 years see a markedly higher median salary of $44K. People with 10 to 20 years of experience make an average of about $49K in this role. More than 20 years of experience mean a somewhat bigger median paycheck of $52K, but it's not much more than what less experienced people make. Workers in this area tend to have one to nine years of experience. Experienced employees who have 10-20 years of experience make up just over a fifth of the workforce; inexperienced individuals who have been working for less than one year comprise fewer than one in twenty, and senior people with more than 20 years under their belt fill out the remaining about one in seven.

Pay Difference By Location

Seattle
up arrow 34%
up arrow 17%
Chicago
up arrow 15%
up arrow 14%
St. Louis
up arrow 13%
Tulsa
up arrow 11%
Pittsburgh
up arrow 9%
up arrow 8%
Phoenix
up arrow 4%
Miami
up arrow 3%
Philadelphia
up arrow 3%
Tampa
0%
National Average
$43,000
San Diego
up arrow 2%
Elkhart
up arrow 7%
Larger circles over a city indicate a job is popular in that location.
For those looking to make money, Purchasing Agents in Seattle enjoy an exceptional pay rate, 34 percent above the national average. Purchasing Agents can also look forward to large paychecks in cities like Los Angeles (+26 percent), Denver (+17 percent), Chicago (+15 percent), and Dallas (+14 percent). In Elkhart, salaries are 7 percent below the national average and represent the lowest-paying market.

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

National Average
$43,000

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

Data Analysis
up arrow 3%
Microsoft Excel
0%
National Average
$43,000
Purchasing
up arrow 1%
Microsoft Office
up arrow 2%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 574 votes.

Gender

Female
53%
female alumni
 
Male
47%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
33%
5-9 years
28%
10-19 years
22%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 68%
vision benefits Vision: 50% employee benefits None: 14%