Purchasing Manager Salary

Purchasing Managers in the United States tend to be well-versed in their field, and just below three-fifths have more than 10 years of experience. Average salary is expected to be around $63K per year, but may range from $40K to $99K per year. Bonuses, profit sharing, and commission all factor into final incomes for Purchasing Managers. Ranging between $40K near the bottom and $99K near the top, total earnings can include up to $13K from bonuses and up to $10K from profit sharing, with a high-performing minority reaping commissions of $42K. Residence and career duration each impact pay for this group, with the former having the largest influence. The majority of Purchasing Managers claim high levels of job satisfaction. A large number enjoy medical while the greater part get dental coverage. Vision coverage is also available to a little more than half. Purchasing Managers who participated in the survey are largely men, dominating at 63 percent.

$41,567 - $94,652
(Median)
$42K
$63K
$95K
MEDIAN: $63,039
10%
50%
90%

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$13.38 - $26.71
(Median)
$13
$19
$27
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
$41,567 - $94,652  
   
Bonus
$0.00 - $12,567  
Profit Sharing
$124.28 - $9,841  
Commission
$-0.49 - $42,396  
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).
)
$39,697 - $98,828  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 4,399
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
$13.38 - $26.71  
   
Overtime
$16.50 - $39.48  
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 - $12,567  
   
Commission
$-0.49 - $42,396  
Profit Sharing
$124.28 - $9,841  
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).
)
$39,697 - $98,828  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 518
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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 do not often transition into Director of Supply Chain Management roles. The role averages $120K per year. 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 $20K higher, respectively.

Purchasing Manager Job Listings

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Popular Skills for Purchasing Manager


Survey results imply that Purchasing Managers deploy a deep pool 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 13 percent and 15 percent. Skills that seem to negatively impact pay include Inventory Control, Inventory Management, and Microsoft Excel. Most people experienced in 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. Relatively untried employees who have less than five years' experience make $51K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $60K. Purchasing Managers with one to two decades of relevant experience report an average salary of approximately $69K. 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


With a pay rate for Purchasing Managers that is 22 percent greater than the national average, Charlotte offers a comfortable salary for those in this profession. Purchasing Managers will also find cushy salaries in Chicago (+16 percent), Seattle (+16 percent), Los Angeles (+15 percent), and San Diego (+13 percent). The smallest paychecks in the market, 17 percent south of the national average, can be found in Miami.

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 1%

Budget Management
up arrow 3%







Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 943 votes.

Gender

Female
37 %
Male
63 %

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: 52% employee benefits None: 14%
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