Purchasing Specialist Salary

Purchasing Specialists in the United States pull down an average of $49K per year. Total cash compensation to Purchasing Specialists bottoms out near $33K and approaches $70K on the high end; the biggest paychecks include approximately $6K from bonuses and almost $8K from profit sharing. Residence and tenure each impact pay for this group, with the former having the largest influence. Job satisfaction for Purchasing Specialists is high. Purchasing Specialists survey participants are largely women, dominating at 63 percent. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$35,636 - $72,698
(Median)
$36K
$49K
$73K
MEDIAN: $48,940
10%
50%
90%

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$13.45 - $25.82
(Median)
$13
$18
$26
MEDIAN: $18.00
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$25K$50K$75K
Salary
$35,636 - $72,698  
   
Bonus
$0.00 - $6,395  
Profit Sharing
$811 - $8,045  
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).
)
$33,048 - $70,273  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 537
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$13$26$39
Hourly Rate
$13.45 - $25.82  
   
Overtime
$18.70 - $37.49  
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$26K$52K$78K
Bonus
$0.00 - $6,395  
   
Profit Sharing
$811 - $8,045  
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).
)
$33,048 - $70,273  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 241
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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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Many Purchasing Specialists move into a Purchasing Manager role, and folks who currently hold that position report a much higher median income of $61K per year. Purchasing Specialists typically move into roles as Purchasing Supervisors or Procurement Specialists, and those positions pay $4K more and $5K more, respectively.

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

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Popular Skills for Purchasing Specialist


Purchasing Specialists report using a wide range 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 between 4 percent and 11 percent. Skills that pay less than market rate include Customer Service, Inventory Management, and Logistics. Most people experienced in Microsoft Excel also know Negotiation and Contract Negotiation.

Pay by Experience Level for Purchasing Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Purchasing Specialists with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Those who have worked for fewer than five years take home a median salary of $44K, and workers with five to 10 years of experience earn a higher $47K on average. The average pay reported by folks with 10 to 20 years of experience is around $50K. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $59K.

Pay Difference by Location

National Average: $46,565

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

For Purchasing Specialists, San Jose provides a pay rate that is 61 percent greater than the national average. Purchasing Specialists will also find cushy salaries in Washington (+48 percent), San Francisco (+40 percent), Houston (+18 percent), and Chicago (+12 percent). One of the biggest compensable factors for Purchasing Specialists is geography, with workers in Portland earning a whopping 24 percent below the national average. Indianapolis and Montgomery are a couple other places where companies are known to pay below the median — salaries are 10 percent lower and 7 percent lower, respectively.

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
$47,000


Skills That Affect Purchasing Specialist Salaries


Microsoft Office
up arrow 6%

Negotiation
up arrow 4%

Microsoft Excel
0%

National Average
$47,000

Purchasing
up arrow 1%

Logistics
up arrow 9%

Inventory Management
up arrow 10%

Customer Service
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 133 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

Less than 1 year
3%
1-4 years
36%
5-9 years
25%
10-19 years
23%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 73%
medical benefits
Vision: 62%
dental benefits
None: 13%
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