£37,101
Avg. Salary

Average additional compensation for this job:

Bonus

£2,515

Profit Sharing

£1,500

The average pay for a Senior Buyer is £37,051 per year. For the first five to ten years in this position, pay increases somewhat, but any additional experience does not have a big effect on pay.

£26,789 - £55,686
£27K
£37K
£56K
MEDIAN: £37,101
10%
50%
90%
£11.04 - £25.75
£11
£20
£26
MEDIAN: £19.71
10%
50%
90%
£0£58K
Salary £26,789 - £55,686
Bonus £193 - £8,290
Profit Sharing £0.00 - £4,122
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).
)
£27,428 - £58,111
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 4 Aug 2018
  • Individuals Reporting: 405
Hourly Data £0£25
Hourly Rate £11.04 - £25.75
Overtime £21.50
Annual Data £0£58K
Bonus £193 - £8,290
Profit Sharing £0.00 - £4,122
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).
)
£27,428 - £58,111
  • Country: United States
  • Currency: GBP
  • Updated: 4 Aug 2018
  • Individuals Reporting: 16

Job Description for Senior Buyer

The senior buyer is responsible for negotiating long-term and short-term transactions with vendors. This position also plans and incorporates strategic purchasing plans company-wide. The senior buyer is also responsible for collecting and gathering data on potential suppliers and carriers. In addition, they schedule shipping times and manage the requirements of freight travel. They also disperse information about purchasing and sales to the necessary members of production, purchasing, and sales teams. The senior buyer also negotiates the prices for services and/or products.

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Senior Buyer Tasks

  • Identify suppliers, select merchandise and negotiate bills of sale for a business.
  • Inspect deliveries for shipping errors, improper handling, or quality issues.
  • Ensure that orders are delivered on time and at cost.
  • Resolve billing and shipping problems and provide information to suppliers.

Common Career Paths for Senior Buyer


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Senior Buyer Job Listings

Popular Skills for Senior Buyer

Pay by Experience Level for Senior Buyer

Pay by Experience for a Senior Buyer has a positive trend. An entry-level Senior Buyer with less than 5 years of experience can expect to earn an average total compensation of ₤35,000 based on 44 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Buyer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤40,000 based on 75 salaries. An experienced Senior Buyer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤40,000 based on 90 salaries. A Senior Buyer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤39,000 based on 29 salaries.

Pay Difference by Location

National Average: £38,356

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

Senior Buyer Reviews

Q: What is it like working as a Senior Buyer?

Senior Buyer in Plymouth:
Pros: Building strong and mutually beneficial supplier relationships.
Cons: Being let down during a negotiation.

Related Job Salaries

Key Stats for Senior Buyer

Gender

Female
42 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 15 votes.
Less than 1 year
1%
1-4 years
16%
5-9 years
32%
10-19 years
34%
20 years or more
17%

Experience Affects Senior Buyer Salaries

▲5%

▲5%

▲2%

National Average
₤38,000

▼8%

Skills That Affect Senior Buyer Salaries


▼0%

Contract Negotiation
▼0%

National Average
₤38,000

Procurement
▼1%

Supply Chain
▼2%

Purchasing
▼8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 15 votes.

Gender

Female
42 %
Male
59 %

Years of Experience

Less than 1 year
1%
1-4 years
16%
5-9 years
32%
10-19 years
34%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 39%
dental benefits
Dental: 11%
vision benefits
Vision: 13%
no benefits
None: 54%