Purchasing Manager Salary

The majority of Purchasing Managers in the United States — slightly less than three-fifths — boast more than 10 years of experience in their profession. Salaries stretch from $40K to $99K per year, and the median is $63K annually. Cash earnings for Purchasing Managers — which occasionally include more than $13K from bonuses and more than $10K from profit sharing — stretch from around $40K to approximately $99K. Career length is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and the larger part earn dental coverage. Most Purchasing Managers report high levels of job satisfaction. The majority of Purchasing Managers (62 percent) survey respondents are male. This report is based on responses to the PayScale salary survey.

$41,358 - $93,993
(Median)
$41K
$63K
$94K
MEDIAN: $62,567
10%
50%
90%

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$13.39 - $26.48
(Median)
$13
$19
$26
MEDIAN: $19.00
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$33K$66K$99K
Salary
$41,358 - $93,993  
   
Bonus
$0.00 - $12,763  
Profit Sharing
$202.45 - $9,884  
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).
)
$39,500 - $98,559  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 4,238
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
$13.39 - $26.48  
   
Overtime
$16.73 - $39.54  
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 - $12,763  
   
Commission
$150.00 - $33,000  
Profit Sharing
$202.45 - $9,884  
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).
)
$39,500 - $98,559  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 520

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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.

Common Career Paths for Purchasing Manager


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Purchasing Managers who transition into a Director of Supply Chain Management role may receive large pay increases as the latter position pays an average $121K per year. Purchasing Managers most often move into positions as Purchasing Directors or Supply Chain Managers; those groups report median salaries that are $22K higher and $21K higher, respectively.

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Popular Skills for Purchasing Manager


Survey results imply that Purchasing Managers deploy a substantial tool kit of skills at work. Most notably, skills in Contract Negotiation, Supply Chain, Leadership, and Project Management are correlated to pay that is above average, with boosts between 10 percent and 15 percent. Skills that pay less than market rate include Inventory Control, Inventory Management, and Microsoft Excel. For most people, competency in Procurement indicates knowledge of 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 Purchasing Managers, experience does not seem to be a major factor in determining pay. The average beginner in this position makes around $50K, but folks who have been around for five to 10 years see a markedly higher median salary of $60K. For Purchasing Managers, 10 to 20 years of experience on the job amounts to an average salary of $69K. Purchasing Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $73K on average.

Pay Difference by Location


For Purchasing Managers, busy Chicago offers a higher-than-average pay rate, 17 percent above the national average. Purchasing Managers can also look forward to large paychecks in cities like San Diego (+17 percent), Seattle (+16 percent), Houston (+13 percent), and Phoenix (+13 percent). With compensation 18 percent below the national average, Miami is not known for hefty paychecks and actually represents the lowest-paying market. Workers in Denver and Cleveland earn less than others in this profession; their salaries fall short of the national average by 2 percent.

Related Job Salaries

United States (change)

Experience Affects Purchasing Manager Salaries



National Average
$62,000



Skills That Affect Purchasing Manager Salaries







Negotiation
up arrow 2%

National Average
$62,000

Materials Requirement Planning (MRP)
up arrow 3%

Budget Management
up arrow 3%

Data Analysis
up arrow 4%






Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 989 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
33%
20 years or more
23%

Common Health Benefits

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