Purchasing Manager Salary

Purchasing Managers in the United States tend to be well-versed in their field, and slightly less than 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. Overall incomes of Purchasing Managers — including $13K bonuses, $10K profit sharing proceeds, and $15K commissions on the more lucrative end — generally ranges between $40K and $100K. Location is the biggest factor affecting pay for this group, followed by tenure. The majority of workers are highly satisfied with their job. The majority of Purchasing Managers (62 percent) survey respondents are male. Most report receiving medical coverage from their employers and the greater part collect dental insurance.

$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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Though not the most common occurrence, Purchasing Managers sometimes become Directors of Supply Chain Management, where the average income is $122K per year. The most common next step for a Purchasing Manager is to become a Purchasing Director or a Supply Chain Manager. The former position pays an additional $21K per year on average, and the latter position pays $20K more per year.

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. Most people 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. Salaries of relatively inexperienced workers fall in the neighborhood of $51K, but folks who have racked up five to 10 years see a notably higher median of $61K. People with 10 to 20 years of experience make an average of about $69K in this role. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $74K.

Pay Difference by Location

National Average: $63,032

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

Home to some of the best pay for Purchasing Managers, Charlotte offers exceptional salaries, 23 percent above 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). Trailing the national average by 16 percent, Miami is the market with the smallest paychecks.

Purchasing Manager Reviews

What is it like working as a Purchasing Manager?

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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