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Purchasing Manager Salary

Just below three-fifths of Purchasing Managers in the United States have been in the field for more than 10 years. Pay can fall anywhere from $39K to $98K per year, but median earnings come to around $62K per year. Individual bonuses, profit sharing and commission for Purchasing Managers — as high as $13K, $10K and $33K, respectively — each contribute to the degree of variation within overall compensation, ranging from $39K to $98K. Geography and tenure each impact pay for this group, with the former having the largest influence. More than half of Purchasing Managers (62 percent) survey respondents are men. Most Purchasing Managers report high levels of job satisfaction. A large number report receiving medical coverage from their employers and the larger part collect dental insurance.
$41,416 - $93,513
(Median)
$41K
$62K
$94K
MEDIAN: $62,205
10%
50%
90%

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$13.21 - $26.73
(Median)
$13
$19
$27
MEDIAN: $18.00
10%
50%
90%

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Show Annual Salary Show Hourly Rate
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$33K$66K$99K
Salary
$41,416 - $93,513  
   
Bonus
$0.00 - $12,615  
Profit Sharing
$496.65 - $9,902  
Commission
$150.00 - $33,000  
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).
)
$39,473 - $98,454  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 4,085
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$17$34$51
Hourly Rate
$13.21 - $26.73  
   
Overtime
$17.53 - $39.28  
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$50K$100K$150K
Bonus
$0.00 - $12,615  
   
Commission
$150.00 - $33,000  
Profit Sharing
$496.65 - $9,902  
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).
)
$39,473 - $98,454  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 488
United States (change)

Job Description for Purchasing Manager

Purchasing managers are involved in all aspects of the company’s business, from development to finding costs savings to corporate strategy to production. A successful purchasing manager must be able to review proposals for new projects in a timely manner, and they must maintain frequent interaction with marketing teams to discuss sales proposals and marketing strategies. They also must be skilled at finding cost savings.

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Purchasing Manager Tasks

  • Negotiate purchasing contracts and policies with respective suppliers.
  • Analyze and implement purchasing processes and delivery systems.
  • Manage and direct employees involved in the buying, selling or distributions aspects of a company.

Purchasing Manager Job Listings

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Popular Skills for Purchasing Manager


Purchasing Managers seem to exploit a large range of skills on the job. Most notably, skills in Contract Negotiation, Supply Chain, Leadership, and Project Management are correlated to pay that is above average, with boosts between 12 percent and 15 percent. Skills that seem to negatively impact pay include Inventory Control, Inventory Management, and Microsoft Excel. The majority of those who know Procurement also know Inventory Management, Contract Negotiation, and Negotiation.

Pay by Experience Level for Purchasing Manager

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


For many Purchasing Managers, extensive experience does not lead to significantly more money. Although individuals who have less than five years' experience earn $50K on average, people with five to 10 years benefit from a notably larger average of $59K. On average, Purchasing Managers make $68K following one to two decades on the job. People who have worked for more than 20 years report a median income of $73K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


For Purchasing Managers, working in the bustling city of San Diego has its advantages, including an above-average pay rate. Purchasing Managers will also find cushy salaries in Seattle (+18 percent), Chicago (+18 percent), Philadelphia (+17 percent), and Houston (+15 percent). Purchasing Managers in Miami take home the lowest salaries, earning a whopping 20 percent less than the national average. Workers in Denver and Cleveland earn salaries that trail the national average for those in this profession (8 percent less and 6 percent less, respectively).

Related Job Salaries

Experience Affects Purchasing Manager Salaries



National Average
$62,000



Skills That Affect Purchasing Manager Salaries







Negotiation
up arrow 2%

National Average
$62,000

Budget Management
up arrow 2%

Materials Requirement Planning (MRP)
up arrow 3%







Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 993 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
25%
10-19 years
34%
20 years or more
23%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 69%
vision benefits Vision: 51% employee benefits None: 14%