Average Procurement Manager Salary in Hong Kong

HK$505,756
Avg. Salary
HK$70,000
Bonus
HK$70,000
Profit Sharing
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The average salary for a Procurement Manager in Hong Kong is HK$505,756.
10%
HK$320k
MEDIAN
HK$506k
90%
HK$724k
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Salary
HK$320k - HK$724k
Bonus
HK$35k - HK$135k
Profit Sharing
HK$0 - HK$70k
Total Pay
HK$320k - HK$774k
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What Do Procurement Managers Do?

Procurement Manager Tasks
  • Negotiate contracts, policies and deadlines with suppliers and vendors.
  • Monitor prices by product and vendor to predict and account for financial fluctuations.
  • Manage flow of goods and supplies for optimum production, analyzing and adapting internal policies.
  • Prepare and process purchase orders and purchase requisitions, and maintain documentation of the acquisition of goods.
  • Manage staff and vendors for timely arrival of products and goods.

Procurement Manager Job Listings

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What Are Popular Skills for Procurement Managers?

Skills in Contract Negotiation are correlated to pay that is above average. Skills that pay less than market rate include Inventory Management, Negotiation, Supplier Management and Procurement.

What is the Pay by Experience Level for Procurement Managers?

An early career Procurement Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of HK$379,737 based on 6 salaries. A mid-career Procurement Manager with 5-9 years of experience earns an average total compensation of HK$472,078 based on 19 salaries. An experienced Procurement Manager with 10-19 years of experience earns an average total compensation of HK$520,425 based on 22 salaries. In their late career (20 years and higher), employees earn an average total compensation of HK$589,831.

Years of Experience

This data is based on 53 survey responses.
Early Career
11.3%
Mid Career
35.8%
Experienced
41.5%
Late Career
11.3%

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