Purchasing Manager Salary

With more than half of Purchasing Managers in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Purchasing Managers is $64K annually and can range from $40K on the lower end to $101K per year near the higher end. Overall compensation packages to Purchasing Managers range from $40K on the low end to $101K on the high end; this includes bonuses that peak near $15K and profit sharing that approaches $10K, with some high rollers snagging commissions as high as $47K. Location is the biggest factor affecting pay for this group, followed by experience level. Most Purchasing Managers like their work and job satisfaction is high. Medical benefits are awarded to most, and more than half earn dental coverage. This overview is based on answers to PayScale's salary questionnaire.

$43,003 - $97,491
$43K
$64K
$97K
MEDIAN: $64,495
10%
50%
90%

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$14.48 - $28.21
$14
$19
$28
MEDIAN: $19.23
10%
50%
90%

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$0$100K
Salary $43,003 - $97,491
Bonus $422.15 - $14,676
Profit Sharing $0.00 - $10,021
Commission $1,226 - $46,978
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).
)
$40,071 - $100,666
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 3,161
Hourly Data $0$38
Hourly Rate $14.48 - $28.21
Hourly Tips $0.17
Overtime $20.69 - $38.53
Annual Data $0$100K
Bonus $422.15 - $14,676
Commission $1,226 - $46,978
Profit Sharing $0.00 - $10,021
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).
)
$40,071 - $100,666
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 459

Find Out Exactly What You Should Be Paid

United States (change)

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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

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

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. Career advancement for the typical Purchasing Manager often leads to becoming a Purchasing Director or a Supply Chain Manager; median salaries in these positions are $22K higher and $19K higher, respectively.

Purchasing Manager Job Listings

Popular Skills for Purchasing Manager


Purchasing Managers seem to require a rather large skill set. Most notably, skills in Contract Negotiation, Strategic Planning, Supply Chain, and Leadership are correlated to pay that is above average, with boosts between 6 percent and 14 percent. Skills that are correlated to lower pay, on the other hand, include Inventory Control, Inventory Management, and Microsoft Excel. Most people skilled in Inventory Management are similarly competent in Vendor Management. The majority of those who know Procurement also know Contract Negotiation, Vendor Management, and Negotiation.

Pay by Experience Level for Purchasing Manager

Pay by Experience for a Purchasing Manager has a positive trend. An entry-level Purchasing Manager with less than 5 years of experience can expect to earn an average total compensation of $51,000 based on 1,114 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Purchasing Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $63,000 based on 1,172 salaries. An experienced Purchasing Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $70,000 based on 1,430 salaries. A Purchasing Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $75,000 based on 788 salaries.

Pay Difference by Location

National Average: $63,003

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

Professionals earn a generous sum in the three largest American cities: New York, Chicago, and Los Angeles each offer salaries above the national average. Phoenix is the lowest-paying area, 19 percent south of the national average. Employers in Miami and Denver also lean toward paying below-median salaries (17 percent lower and 16 percent lower, respectively).

Purchasing Manager Reviews

Q: What is it like working as a Purchasing Manager?

Purchasing Manager in Quakertown:
"It is challenging."
Pros: Flexibility, leadership, experience.
Cons: Stress, long hours, over worked, no overtime.

Purchasing Manager in Plymouth:
"The Managment."
Pros: I love having the freedom to make important decisions on the company's behalf.
Cons: The corporate culture needs to change. Too many people with entitlement issues. What ok for some, is not ok for others...

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.

Purchasing Manager in Salem:
"Fast paced multitasking."
Pros: It's never dull and making new contacts.
Cons: No benefits with a small company.

Purchasing Manager in Stamford:
"Car."
Pros: I enjoy the opportunity to learn.
Cons: I hate the opportunity to learnasd.

Related Job Salaries

Key Stats for Purchasing Manager

Gender

Female
41 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 663 votes.
Less than 1 year
1%
1-4 years
23%
5-9 years
22%
10-19 years
32%
20 years or more
22%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Purchasing Manager Salaries

▲19%

▲11%

▼0%

National Average
$63,000

▼19%

Skills That Affect Purchasing Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 663 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
1%
1-4 years
23%
5-9 years
22%
10-19 years
32%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 67%
vision benefits
Vision: 55%
no benefits
None: 16%
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