Sourcing Associate Salary (United States)

The average salary for a Sourcing Associate is $54,989 per year. The skills that increase pay for this job the most are Project Management, Vendor Management, and Contract Negotiation. Most people with this job move on to other positions after 20 years in this field. Experience has a moderate effect on income for this job.
Sourcing Associate Total Pay (?
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.
)
$38,232 - $76,324
(Median)
38K
45K
55K
65K
76K
MEDIAN: $54,989
10%
25%
50%
75%
90%
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Sourcing Associate Total Pay (?
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.
)
$11.86 - $27.13
(Median)
12
15
21
27
MEDIAN: $17.00
10%
25%
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$27K$54K$81K
Salary
$38,232 - $76,324  
   
Bonus
$0.00 - $7,565  
Profit Sharing
$-0.50 - $19,392  
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).
)
$34,821 - $79,812  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 358
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$16$32$48
Hourly Rate
$11.86 - $27.13  
   
Overtime
$16.57 - $45.62  
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$32K$64K$96K
Bonus
$0.00 - $7,565  
   
Profit Sharing
$-0.50 - $19,392  
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).
)
$34,821 - $79,812  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 358
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Job Description for Sourcing Associate

  • Review financial goals and provide metrics to understand and report on initiatives and cost structure.
  • Ensure books and databases are up to date and accurate.
  • Review historical and competitive costs to identify cost savings opportunities and variances.
  • Analyze category, service, material, and vendor costs to provide key decision information.

Common Career Paths for Sourcing Associate

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Sourcing Associate Job Listings

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Popular Skills for Sourcing Associate

Pay Difference By Location

Dallas
up arrow 32%
Houston
up arrow 11%
Chicago
up arrow 11%
New York
up arrow 7%
Minneapolis
up arrow 4%
Atlanta
up arrow 2%
National Average
$55,000
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Sourcing Associate Salaries

National Average
$55,000

Skills That Affect Sourcing Associate Salaries

Vendor Management
up arrow 11%
Data Analysis
up arrow 7%
National Average
$55,000
Sourcing
up arrow 2%

Job Satisfaction

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Highly satisfied
Rated 4 out of 5 based on 88 votes.

Gender

Female
54%
female alumni
 
Male
46%
male alumni

Years of Experience

Less than 1 year
7%
1-4 years
57%
5-9 years
24%
10-19 years
10%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 84%
vision benefits Vision: 67% employee benefits None: 8%
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