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Purchasing Specialist Salary (United States)

Purchasing Specialists in the United States typically take home $47K per year. Overall cash earnings for Purchasing Specialists stretch from $31K on the lower end to $69K near the top, and the heftiest packages can encompass around $6K from bonuses and $8K from profit sharing. Career length and the particular city each impact pay for this group, with the former having the largest influence. The greater part report receiving medical coverage from their employers and a fair portion collect dental insurance. More than half of Purchasing Specialists (65 percent) are women. For the most part, Purchasing Specialists enjoy their work and report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.
Purchasing Specialist Salary (?
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.
)
$34,411 - $71,473
(Median)
34K
47K
59K
71K
MEDIAN: $46,935
10%
50%
75%
90%
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Purchasing Specialist Salary (?
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.
)
$12.79 - $23.93
(Median)
13
17
20
24
MEDIAN: $17.00
10%
50%
75%
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$24K$48K$72K
Salary
$34,411 - $71,473  
   
Bonus
$0.00 - $5,985  
Profit Sharing
$817 - $7,946  
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).
)
$31,347 - $69,449  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 512
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$13$26$39
Hourly Rate
$12.79 - $23.93  
   
Overtime
$18.14 - $36.13  
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$26K$52K$78K
Bonus
$0.00 - $5,985  
   
Profit Sharing
$817 - $7,946  
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).
)
$31,347 - $69,449  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 213
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Job Description for Purchasing Specialist

Purchasing specialists typically hold manager-level positions charged with making purchases necessary for their organization's operations. The day-to-day duties performed by these specialists vary depending on the needs of the company. However, generally, a purchasing specialist works in a service-oriented business and oversees the purchasing and inventory of operating supplies rather than retail goods. Hotels, restaurants, hospitals, and companies that repair, maintain, or conduct construction work typically have a purchasing specialist.
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Purchasing Specialist Tasks
  • Maintain working relationships with vendors, evaluate vendor contract terms, and negotiate prices.
  • Place, schedule, and follow-up on orders to ensure accuracy and timely delivery.
  • Predict required packaging or resources according to customer requests and coordinate with vendors to obtain products.
  • Resolve billing issues and any conflicts between the company and the vendors.

Common Career Paths for Purchasing Specialist

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Compensation usually increases greatly for Purchasing Specialists who advance to upper-end positions like Purchasing Manager. Purchasing Managers usually make $60K per year.

Purchasing Agent (but not Wholesale, Retail, or Farm Products) Job Listings

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Popular Skills for Purchasing Specialist

Purchasing Specialists who responded to the survey report just a handful of professional skills. Most notably, skills in Contract Negotiation, Microsoft Office, Negotiation, and Microsoft Excel are correlated to pay that is above average, with boosts of 12 percent, 10 percent, 8 percent, and 8 percent, respectively. It is often found that people who know Microsoft Excel are also skilled in Negotiation and Contract Negotiation. Those who learned Purchasing also tend to know Contract Negotiation and Negotiation.

Pay by Experience Level for Purchasing Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Purchasing Specialists, experience does not seem to be a major factor in determining pay. Relatively untried employees who have less than five years' experience have a median salary of $41K. Those who have been around for five to 10 years can expect to take home more — $46K on average. The average pay reported by folks with 10 to 20 years of experience is around $49K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $59K, demonstrating that compensation is roughly commensurate with experience in the end. Between one and nine years of experience is the norm for people in this field — more than half of those surveyed fit this bill. Experienced employees who have 10-20 years of experience make up slightly less than a fourth of the workforce; inexperienced individuals who have been working for less than one year comprise fewer than one in twenty, and senior people with more than 20 years under their belt fill out the remaining approximately one-tenth.

Pay Difference By Location

Houston
up arrow 9%
Dallas
up arrow 9%
Cincinnati
up arrow 7%
National Average
$45,000
Montgomery
up arrow 4%
Larger circles over a city indicate a job is popular in that location.
For Purchasing Specialists, working in the bustling city of Houston has its advantages, including an above-average pay rate. Purchasing Specialists will also find cushy salaries in Dallas (+9 percent) and Cincinnati (+7 percent). Trailing the national average by 4 percent, Montgomery is the market with the smallest paychecks.

Purchasing Specialist Reviews

What is it like working as a Purchasing Specialist?
Purchasing Specialist in Houston:
"When It's Good It's Great."
Pros: I really enjoy the people I work with. We are a close team that count on each other for assistance an back up. I like putting together master lists to help determine and coordinate deliveries of our fixtures. I enjoy providing and collecting all available information to best determine our course of action in allocating inventory.
Cons: The things I like the least are mostly outside and uncontrollable factors. I do not enjoy the need it done yesterday aspect of my job. Retail is a fickle industry. I don't know how much job growth is available.

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Experience Affects Purchasing Specialist Salaries

National Average
$45,000

Skills That Affect Purchasing Specialist Salaries

Microsoft Office
up arrow 10%
Purchasing
0%
National Average
$45,000

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 179 votes.

Gender

Female
65%
female alumni
 
Male
35%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
35%
5-9 years
30%
10-19 years
22%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 76%
vision benefits Vision: 62% employee benefits None: 12%