Purchasing Analyst Salary

Average Purchasing Analysts in the United States make around $50K per year. Overall cash earnings for Purchasing Analysts stretch from $35K on the lower end to $67K near the top, and the heftiest packages can encompass around $5K from bonuses and $10K from profit sharing. Career length and the particular city each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Women are just slightly outnumbered, with male Purchasing Analysts making up 51 percent of survey respondents. For the most part, Purchasing Analysts enjoy their work and report high levels of job satisfaction. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$35,895 - $66,935
(Median)
$36K
$50K
$67K
MEDIAN: $49,817
10%
50%
90%

Add this chart to your site: 640px    300px

$13.73 - $24.68
(Median)
$14
$19
$25
MEDIAN: $18.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$23K$46K$69K
Salary
$35,895 - $66,935  
   
Bonus
$0.00 - $5,326  
Profit Sharing
$824 - $9,696  
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).
)
$34,756 - $67,403  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 222
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$13$26$39
Hourly Rate
$13.73 - $24.68  
   
Overtime
$16.80 - $37.81  
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$26K$52K$78K
Bonus
$0.00 - $5,326  
   
Profit Sharing
$824 - $9,696  
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).
)
$34,756 - $67,403  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 55
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Purchasing Analyst

Purchasing analysts are responsible for analyzing their organization's purchasing decisions to evaluate their effectiveness. They are in charge of interpreting financial information for company purchasing endeavors, and they need to possess strong interpersonal skills to relay purchasing information to upper management. They evaluate suppliers proposals, costs, and quality, as well as oversee purchasing performance based on service and availability. Purchasing analysts strive to minimize expenses and increase company profitability, develop detailed purchasing reports, and recommend changes to the acquisitions processes as needed. Purchasing analysts also write orders and review bid proposals based on project requirements.

Read More...

Purchasing Analyst Tasks

  • Analyze and report on purchasing metrics, creating standard and ad hoc reports.
  • Compare and evaluate goods and contracts to recommend strategies.
  • Analyze and document options for procurement of materials, goods, and services.
  • Maintain and update vendor database and contact information.

Purchasing Analyst Job Listings

Search for more jobs:

Popular Skills for Purchasing Analyst


Purchasing Analysts generally report applying a varied skill set to their work. Most notably, skills in Microsoft Excel, Data Analysis, Negotiation, and Inventory Management are correlated to pay that is above average. Skills that seem to negatively impact pay include Purchasing. Most people familiar with Data Analysis also know Inventory Management.

Pay by Experience Level for Purchasing Analyst

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


Relatively untried employees who have less than five years' experience have a median salary of $48K. Those who have been around for five to 10 years can expect to take home more — $53K on average. Purchasing Analysts with one to two decades of relevant experience report an average salary of approximately $50K. Purchasing Analysts who have spent more than 20 years on the job report earning a significantly higher median of $60K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Purchasing Analyst Salaries

Late-Career
up arrow 22%



National Average
$49,000


Skills That Affect Purchasing Analyst Salaries

Data Analysis
0%

Microsoft Excel
0%

National Average
$49,000

Inventory Management
up arrow 1%

Negotiation
up arrow 1%

Contract Negotiation
up arrow 2%

Purchasing
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 58 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
6%
1-4 years
53%
5-9 years
19%
10-19 years
17%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 82%
vision benefits Vision: 64% employee benefits None: 8%
ADVERTISEMENT