Sourcing Associates in the United States earn an average of $59K per year; salaries are particularly strong in Seattle, where workers earn around $76K. Sourcing Associates will also find cushy salaries in Dallas (+19 percent), Minneapolis (+8 percent), Houston (+8 percent), and Chicago (+6 percent).

$38,650 - $81,792
(Median)
$39K
$59K
$82K
MEDIAN: $59,489
10%
50%
90%

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$14.83 - $30.74
(Median)
$15
$19
$31
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$28K$56K$84K
Salary
$38,650 - $81,792  
   
Bonus
$49.66 - $7,900  
Profit Sharing
$202.73 - $4,932  
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).
)
$35,421 - $81,788  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 190
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$14$28$42
Hourly Rate
$14.83 - $30.74  
   
Overtime
$34.50  
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$28K$56K$84K
Bonus
$49.66 - $7,900  
   
Profit Sharing
$202.73 - $4,932  
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).
)
$35,421 - $81,788  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 35
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Job Description for Sourcing Associate

A sourcing associate finds suppliers and evaluates them for quality and price. This associate then negotiates and purchases goods or services from these suppliers. Prior to making purchases, a sourcing associate should come up with a strategy that is approved by management.

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Sourcing Associate Tasks

  • 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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As Sourcing Associates transition into upper-level roles such as Senior Strategic Sourcing Manager, they may see a strong upturn in salary. Senior Strategic Sourcing Managers earn $104K on average per year.

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Popular Employer Salaries for Sourcing Associate


Popular Skills for Sourcing Associate


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Contract Negotiation, Negotiation, Vendor Management, and Project Management are correlated to pay that is above average, with boosts between 5 percent and 9 percent. A tool kit that includes Project Management also typically contains Negotiation and Vendor Management. It is often found that people who know Contract Negotiation are also skilled in Vendor Management and Negotiation.

Pay by Experience Level for Sourcing Associate

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


Respondents with less than five years' experience take home $56K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $66K. After working for 10 to 20 years, Sourcing Associates make a median salary of $66K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $61K.

Pay Difference by Location

National Average: $58,880

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

Related Job Salaries

United States (change)

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Experience Affects Sourcing Associate Salaries



Late-Career
up arrow 4%

National Average
$59,000


Skills That Affect Sourcing Associate Salaries




Project Management
up arrow 4%

Sourcing
up arrow 3%

National Average
$59,000

Data Analysis
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 26 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
10%
1-4 years
54%
5-9 years
22%
10-19 years
11%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 82%
medical benefits
Vision: 68%
dental benefits
None: 10%
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