Pay for Vendor Relationship Managers in the United States sits in the ballpark of $72K annually. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Job satisfaction is high and work is enjoyable for most Vendor Relationship Managers. Women Vendor Relationship Managers who took the survey just slightly outnumber men. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$43,987 - $111,226
$44K
$72K
$110K
MEDIAN: $71,778
10%
50%
90%

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$9.89 - $40.55
$9
$19
$41
MEDIAN: $18.67
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$50K$100K$150K
Salary
$43,987 - $111,226  
   
Bonus
$2,007 - $19,807  
Profit Sharing
$14,639  
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).
)
$40,542 - $115,996  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 189
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$25$50$75
Hourly Rate
$9.89 - $40.55  
   
Overtime
$29.46  
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$50K$100K$150K
Bonus
$2,007 - $19,807  
   
Profit Sharing
$14,639  
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).
)
$40,542 - $115,996  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 17

Find Out Exactly What You Should Be Paid

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

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Pay by Experience Level for Vendor Relationship Manager

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


Salaries for the relatively untried average out to around $62K, but survey participants with five to 10 years of experience earn a significantly higher median of $77K. Vendor Relationship Managers who work for 10 to 20 years in their occupation tend to earn about $84K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $79K.

Vendor Relationship Manager Advice

Q: What is it like working as a Vendor Relationship Manager?

Vendor Relationship Manager in Portland:
Be ready to know when to walk away. In negotiations and in the job. No one, no matter the role, deserves to be treated poorly for any reason. It's just business.

Related Job Salaries

Key Stats for Vendor Relationship Manager

Gender

Female
53 %
Male
47 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.
035
Less than 1 year
3%
1-4 years
31%
5-9 years
35%
10-19 years
24%
20 years or more
6%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Vendor Relationship Manager Salaries

Experienced
up arrow 15%

Late-Career
up arrow 8%


National Average
$73,000

Entry-Level
up arrow 15%

Skills That Affect Vendor Relationship Manager Salaries



National Average
$73,000

Contract Management
up arrow 11%

Data Analysis
up arrow 15%

Vendor Relations
up arrow 26%

Customer Relationship Management (CRM)
up arrow 26%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
3%
1-4 years
31%
5-9 years
35%
10-19 years
24%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 79%
vision benefits
Vision: 69%
dental benefits
None: 12%
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