Purchasing Manager Salary

Purchasing Managers in the United States tend to be well-versed in their field, and just under three-fifths have more than 10 years of experience. Average salary is expected to be around $64K annually, but may range from $40K to $100K per year. Including potential for bonuses, profit sharing and commission — peaking near $13K, $10K, and $15K, respectively — total cash payment to Purchasing Managers can bottom out near $40K or top out at around $100K. Residence is the biggest factor affecting pay for this group, followed by career duration. Medical benefits are awarded to most, and a majority earn dental coverage. Male Purchasing Managers are more prevalent than women among those who took the survey — 62 percent of professionals. Most workers in this position report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.

$41,977 - $96,162
(Median)
$42K
$64K
$96K
MEDIAN: $63,974
10%
50%
90%

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$13.58 - $27.36
(Median)
$14
$19
$27
MEDIAN: $19.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$34K$68K$102K
Salary
$41,977 - $96,162  
   
Bonus
$0.00 - $13,053  
Profit Sharing
$98.99 - $9,829  
Commission
$304.10 - $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).
)
$39,902 - $99,747  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 4,913
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17$34$51
Hourly Rate
$13.58 - $27.36  
   
Hourly Tips
$0.74  
Overtime
$17.62 - $40.16  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $13,053  
   
Commission
$304.10 - $14,795  
Profit Sharing
$98.99 - $9,829  
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).
)
$39,902 - $99,747  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 619
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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 sometimes assume positions such as Directors of Supply Chain Management. That role pays $122K per year on average. Purchasing Directors or Supply Chain Managers are common next-step roles for Purchasing Managers moving up in their careers; annual pay for Purchasing Directors is $21K higher on average, and it's $20K higher for Supply Chain Managers.

Purchasing Manager Job Listings

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Popular Skills for Purchasing Manager


Purchasing Managers report using a large range of skills on the job. Most notably, skills in Contract Negotiation, Supply Chain, Strategic Planning, and Leadership are correlated to pay that is above average, with boosts between 12 percent and 14 percent. Skills that seem to negatively impact pay include Inventory Control, Inventory Management, and Vendor Management. It is often found that people who know Procurement are also skilled in 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.


Experience does not seem to be a strong driver of pay increase in this role. Salaries for the relatively untried average out to around $51K, but survey participants with five to 10 years of experience earn a significantly higher median of $61K. Purchasing Managers bring in $69K after working for 10 to 20 years. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $74K on average.

Pay Difference by Location

National Average: $63,032

Larger city markers indicate a job is popular in that location.

For Purchasing Managers, Charlotte provides a pay rate that is 23 percent greater than the national average. Purchasing Managers can also look forward to large paychecks in cities like Los Angeles (+16 percent), Chicago (+16 percent), Houston (+15 percent), and Seattle (+13 percent). In Miami, salaries are 16 percent below the national average and represent the lowest-paying market.

Purchasing Manager Reviews

What is it like working as a Purchasing Manager?

Purchasing Manager in Farmington:
"Good working conditions, people and job duties."
Pros: Working with people and helping get things done so the County can function as it should. Many things to do so it stays interesting.
Cons: Paperwork.

Purchasing Manager in Chicago:
"Corporate."
Pros: Constant challenges, liaison with Accounts Payable, process improvement, system upgrades, people interaction.
Cons: Politics.

Related Job Salaries

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Experience Affects Purchasing Manager Salaries



National Average
$63,000



Skills That Affect Purchasing Manager Salaries







Negotiation
up arrow 2%

National Average
$63,000

Materials Requirement Planning (MRP)
up arrow 2%

Budget Management
up arrow 3%

Data Analysis
up arrow 4%






Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 988 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
25%
10-19 years
33%
20 years or more
23%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 68%
medical benefits
Vision: 53%
dental benefits
None: 14%
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