Sourcing Associate Salary (United States)

A Sourcing Associate earns an average salary of $55,143 per year. Skills that are associated with high pay for this job are Project Management, Vendor Management, and Contract Negotiation. Most people move on to other jobs if they have more than 20 years' experience in this career.
Sourcing Associate 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.
)
$38,575 - $76,755
(Median)
39K
45K
55K
65K
77K
MEDIAN: $55,142
10%
25%
50%
75%
90%
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Sourcing Associate 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.
)
$11.14 - $26.99
(Median)
11
15
21
27
MEDIAN: $16.00
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
$38,575 - $76,755  
   
Bonus
$0.00 - $7,622  
Profit Sharing
$150.00 - $16,500  
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).
)
$34,658 - $80,016  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 314
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$14$28$42
Hourly Rate
$11.14 - $26.99  
   
Overtime
$16.44 - $35.75  
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$28K$56K$84K
Bonus
$0.00 - $7,622  
   
Profit Sharing
$150.00 - $16,500  
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).
)
$34,658 - $80,016  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 48
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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%
Chicago
up arrow 11%
Houston
up arrow 10%
New York
up arrow 8%
Minneapolis
up arrow 3%
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

Data Analysis
up arrow 9%
Sourcing
up arrow 4%
National Average
$55,000

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 84 votes.

Gender

Female
54%
female alumni
 
Male
46%
male alumni

Years of Experience

Less than 1 year
7%
1-4 years
56%
5-9 years
24%
10-19 years
11%
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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