£25,104
Avg. Salary
£12.50
Avg. Hourly Rate

Average additional compensation:

£1,250

Bonus

£0.00

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Procurement Officer is £12.50 per hour.

The average pay for a Procurement Officer is £25,104 per year.

£8.61
10%
£12.50
50%
£18.55
90%
MEDIAN £12.50
£19k
10%
£25k
50%
£35k
90%
MEDIAN £25,104
£19,276 - £34,595
£19K
£25K
£35K
MEDIAN: £25,104
10%
50%
90%
£8.61 - £18.55
£13
MEDIAN: £12.50
50%
£0£35K
Salary £19,276 - £34,595
Bonus £0.00 - £3,425
Profit Sharing £0.00
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).
)
£19,272 - £35,660
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 12 Dec 2018
  • Individuals Reporting: 158
Hourly Data £0£18
Hourly Rate £12.50
Overtime £10.00
Annual Data £0£35K
Bonus £0.00 - £3,425
Profit Sharing £0.00
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).
)
£19,272 - £35,660
  • Country: United States
  • Currency: GBP
  • Updated: 12 Dec 2018
  • Individuals Reporting: 8

Job Description for Procurement Officer

The procurement officer ensures the things purchased for the company provide the best possible value and outcomes, whether they be goods for resale, equipment, services, or materials. The procurement officer must be adept at analyzing the needs of the company and possible choices for purchase to meet these needs at the best prices possible while taking into account quality. The procurement officer must be able to ensure that the delivery of purchases meets the needs of the company without causing shortages or excessive surpluses. They must be able to gauge what levels must be kept of purchases to ensure consistent resource availability and performance.

Read More...

Procurement Officer Tasks

  • Review historical and competitive costs to identify cost savings opportunities and variances.
  • Analyze category, service, material, and vendor costs to provide key decision information.
  • 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.

Common Career Paths for Procurement Officer


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Procurement Officer Job Listings

Pay by Experience Level for Procurement Officer

Pay by Experience for a Procurement Officer has a positive trend. An entry-level Procurement Officer with less than 5 years of experience can expect to earn an average total compensation of ₤23,000 based on 57 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Procurement Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤26,000 based on 32 salaries. An experienced Procurement Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤28,000 based on 8 salaries. A Procurement Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤33,000 based on 5 salaries.

Pay Difference by Location

19%

National Average: £25,309

Larger city markers indicate a job is popular in that location.

Procurement Officer Advice

Q: What is it like working as a Procurement Officer?

Procurement Officer in London:
"Attention to Detail."
Don't always believe what is being sold to you. Read the fine print. Read the fine print again!

Procurement Officer in London:
"Summary."
Pros: The good thing is that I can sit down all day long.
Cons: It is Boring. I do not like travelling on the train.

Related Job Salaries

Key Stats for Procurement Officer

Gender

Female
60 %
Male
40 %
Less than 1 year
3%
1-4 years
48%
5-9 years
27%
10-19 years
16%
20 years or more
6%

Experience Affects Procurement Officer Salaries

Late-Career
▲30%

Experienced
▲11%

▲3%

National Average
₤25,000

▼9%

Skills That Affect Procurement Officer Salaries

Contract Negotiation
▲7%

▲4%

Contract Management
▲1%

Project Management
▲1%

National Average
₤25,000

Negotiation
▼10%

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
3%
1-4 years
48%
5-9 years
27%
10-19 years
16%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 24%
dental benefits
Dental: 5%
vision benefits
Vision: 24%
no benefits
None: 59%