Vendor Relationship Manager Salary

Vendor Relationship Managers in the United States pull down an average of $70K per year. Residence and career length each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 52 percent. Job satisfaction for Vendor Relationship Managers is high. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$45,208 - $112,616
$45K
$70K
$110K
MEDIAN: $70,040
10%
50%
90%

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$9.79 - $41.22
$9
$19
$41
MEDIAN: $19.00
10%
50%
90%

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$0$116K
Salary $45,208 - $112,616
Bonus $1,978 - $29,643
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 - $116,362
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 208
Hourly Data $0$41
Hourly Rate $9.79 - $41.22
Overtime $30.41
Annual Data $0$116K
Bonus $1,978 - $29,643
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 - $116,362
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 15

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United States (change)

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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

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

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
52 %
Male
48 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 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
▼9%

Data Analysis
▼12%

Vendor Relations
▼24%

Customer Relationship Management (CRM)
▼24%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.

Gender

Female
52 %
Male
48 %

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: 66%
no benefits
None: 15%
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