Vendor Relationship Manager Salary

Vendor Relationship Managers in the United States can expect wages of $70K per year on average. Location and career length each impact pay for this group, with the former having the largest influence. Women Vendor Relationship Managers who took the survey just slightly outnumber men. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. The majority of Vendor Relationship Managers claim high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.
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$44,916 - $112,743
$45K
$70K
$110K
MEDIAN: $69,760
10%
50%
90%

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$10.48 - $45.00
$10
$19
$45
MEDIAN: $19.48
10%
50%
90%

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$0$117K
Salary $44,916 - $112,743
Bonus $1,987 - $29,479
Profit Sharing $7,500
Commission $10,113
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).
)
$42,685 - $117,281
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 209
Hourly Data $0$45
Hourly Rate $10.48 - $45.00
Overtime $30.41
Annual Data $0$117K
Bonus $1,987 - $29,479
Commission $10,113
Profit Sharing $7,500
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).
)
$42,685 - $117,281
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 14

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Vendor Relationship Manager

Vendor relationship manager positions are found in a wide variety of industries and businesses, ranging from financial institutions to manufacturers. Most companies maintain some form of vendor relationships that can be essential to their business, and they generally look to hire vendor relationship managers with substantial experience and knowledge of the field; in many cases, this requires experience or a background specific to the company's industry. Most positions also require that employees be able to travel, with the potential for both international and domestic trips.

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Vendor Relationship Manager Tasks

  • Find and negotiate pricing with external service providers.
  • Manage vendor analysts and clerical staff.
  • Manage the procurement of vendor services, selection of vendors, review, and contract approval.

Vendor Relationship Manager Job Listings

Pay by Experience Level for Vendor Relationship Manager

Pay by Experience for a Vendor Relationship Manager has a positive trend. An entry-level Vendor Relationship Manager with less than 5 years of experience can expect to earn an average total compensation of $62,000 based on 111 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vendor Relationship Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $76,000 based on 90 salaries. An experienced Vendor Relationship Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $83,000 based on 53 salaries. A Vendor Relationship Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $79,000 based on 12 salaries.

Related Job Salaries

Key Stats for Vendor Relationship Manager

Gender

Female
51 %
Male
49 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 35 votes.
Less than 1 year
4%
1-4 years
35%
5-9 years
30%
10-19 years
26%
20 years or more
6%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Vendor Relationship Manager Salaries

▲17%

Late-Career
▲11%

▲7%

National Average
$71,000

▼12%

Skills That Affect Vendor Relationship Manager Salaries



National Average
$71,000

Contract Management
▼8%

Data Analysis
▼12%

Vendor Relations
▼24%

Customer Relationship Management (CRM)
▼24%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 35 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
4%
1-4 years
35%
5-9 years
30%
10-19 years
26%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 76%
vision benefits
Vision: 64%
no benefits
None: 15%
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