Purchasing Specialist Salary

Purchasing Specialists in the United States take home approximately $49K per year on average. In the world of Purchasing Specialists, total cash compensation can vary between $33K and $70K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $6K and $8K, respectively. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Job satisfaction for Purchasing Specialists is high. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Purchasing Specialists survey participants are largely women, dominating at 63 percent. The figures in this rundown are based on the results of 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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Purchasing Specialists might see a strong upturn in salary after transitioning into upper-level roles such as Purchasing Manager, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $61K per year. The most common next step for a Purchasing Specialist is to become a Purchasing Supervisor or a Procurement Specialist. The former position pays an additional $4K per year on average, and the latter position pays $5K more per year.

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

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Popular Skills for Purchasing Specialist


Purchasing Specialists seem to require a number of specific 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. At the other end of the pay range are skills like Customer Service, Inventory Management, and Logistics. Most people who know 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.


Experience does not seem to be a strong driver of pay increase in this role. Relatively untried employees who have fewer than five years of experience earn around $44K on average. People who have worked for five to 10 years can expect a higher median salary of $47K. People with 10 to 20 years of experience make an average of about $50K in this role. Purchasing Specialists who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $59K.

Pay Difference by Location

National Average: $46,565

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

For those looking to make money, Purchasing Specialists in San Jose enjoy an exceptional pay rate, 61 percent above 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). Compared to the national average, Portland Purchasing Specialists have considerably lower salaries, 24 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Employers in Indianapolis and Montgomery also lean toward paying below-median salaries (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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