$59,254
Avg. Salary
$20.42
Avg. Hourly Rate

Average additional compensation:

$2,466

Bonus

$1,700

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Procurement Agent is $20.42 per hour.

The average pay for a Procurement Agent is $59,254 per year.

10%
$13.38
10%
$20.42
50%
$30.08
90%
90%
MEDIAN $20.42
10%
$40k
10%
$59k
50%
$88k
90%
90%
MEDIAN $59,254
$39,525 - $88,095
$40K
$59K
$88K
MEDIAN: $59,254
10%
50%
90%

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$13.38 - $30.08
$13
$20
$30
MEDIAN: $20.42
10%
50%
90%

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$0$88K
Salary $39,525 - $88,095
Bonus $521 - $5,135
Profit Sharing $247 - $5,068
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).
)
$36,326 - $87,580
  • Country: United States
  • Currency: USD
  • Updated: 24 Apr 2019
  • Individuals Reporting: 529
Hourly Data $0$48
Hourly Rate $13.38 - $30.08
Overtime $21.94 - $48.50
Annual Data $0$87K
Bonus $521 - $5,135
Profit Sharing $247 - $5,068
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).
)
$36,326 - $87,580
  • Country: United States
  • Currency: USD
  • Updated: 24 Apr 2019
  • Individuals Reporting: 146

Job Description for Procurement Agent

A procurement agent is responsible for buying high-quality items for clients at the lowest possible prices and in the correct amount. They also prepare purchase orders and solicit bid proposals, as well as review requests for goods while making sure items' suppliers offer appropriate pricing, selection, support, and reliability. The procurement agent must also follow all local laws and regulations related to purchasing and selling items, as well as negotiate and renegotiate contracts with vendors or suppliers as necessary. They must also keep their supervisors informed of their progress and provide business transaction logs, information on contract changes, and updates on item shipments.

Read More...
Procurement Agent Tasks
  • Negotiate with different suppliers for price, quality, timeliness and other factors.
  • Expedite and liaise with suppliers to ensure timely delivery of goods.
  • Write and analyze requisitions, invoices, supply requests and supply orders.
  • Track and monitor inventory and needs to determine when to order or purchase new items.

Procurement Agent Pay By Employer

$0$97K

The Boeing Company
157 profiles
$63,883

$48,799

Common Career Paths for Procurement Agent


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Procurement Agents often transition into Procurement Manager positions, for which compensation tends to be much higher. On average, Procurement Managers earn $78K per year.

Procurement Agent Job Listings

Popular Skills for Procurement Agent


Survey results imply that Procurement Agents deploy a substantial tool kit of skills at work. Most notably, facility with Procurement, Contract Management, and Supplier Management are correlated to pay that is significantly above average, leading to increases of 35 percent, 31 percent, and 22 percent, respectively. Skills that pay less than market rate include Materials Requirement Planning, Data Analysis, and Inventory Management. Most people who know Contract Negotiation also know Negotiation.

Pay by Experience Level for Procurement Agent

Pay by Experience for a Procurement Agent has a positive trend. An entry-level Procurement Agent with less than 5 years of experience can expect to earn an average total compensation of $51,000 based on 213 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Procurement Agent with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $61,000 based on 131 salaries. An experienced Procurement Agent which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $70,000 based on 102 salaries. A Procurement Agent with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $70,000 based on 46 salaries.

Pay Difference by Location

49%

31%

19%

12%

9%

-13%

-18%

National Average: $58,011

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

With a pay rate for Procurement Agents that is 51 percent greater than the national average, Houston offers a comfortable salary for those in this profession. Procurement Agents will also find cushy salaries in Mesa (+34 percent), Everett (+21 percent), Seattle (+14 percent), and Los Angeles (+13 percent). Procurement Agents in Orlando earn salaries far below the national average by 30 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Employers in Miami and Dallas also lean toward paying below-median salaries (16 percent lower and 14 percent lower, respectively).

Procurement Agent Reviews

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

Procurement Agent in Los Angeles:
"Traffic, Smog, High Rent, Stress."
Pros: Food variety
Cons: Stagnant traffic most of the day, dangerous drivers all over. Rent is too high for most jobs. Too expensive to live, wages too low.

Procurement Agent in New York:
"New York Pub."
Pros: It's very fast-paced and you can learn a lot.
Cons: It's physically and mentally demanding.

Procurement Agent in Essington:
"Summary."
Get training before beginning.

Procurement Agent in Aurora:
"Responsibility,"
Pros: Responsibility, amount of work keeps me interested and day goes by.
Cons: The lack of help since no body else knows how to do what I do.

Procurement Agent in Houston:
"Life As A Buyer."
Pros: I like being put into a position to solve problems and to learn new strategies and ways of doing my job.
Cons: I don't the lack of "team spirit" the company has. It seems to be a dog-eat-dog-world personality around here. A lot of the managers are under appreciated by their employees which causes people to not care about their job performance; therefore making other peoples jobs more difficult to do as well.

Related Job Salaries

Key Stats for Procurement Agent

Gender

Female
49 %
Male
51 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 137 votes.
Less than 1 year
6%
1-4 years
41%
5-9 years
24%
10-19 years
20%
20 years or more
10%

Experience Affects Procurement Agent Salaries

▲20%

▲20%

▲5%

National Average
$58,000

▼13%

Skills That Affect Procurement Agent Salaries

Procurement
▲32%

Contract Management
▲29%


Program Management
▲19%

Project Management
▲19%

Operations Management
▲8%


▲4%

Sourcing
▲1%

National Average
$58,000

▼2%

Vendor Management
▼3%


Materials Requirement Planning (MRP)
▼14%

Data Analysis
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 137 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
6%
1-4 years
41%
5-9 years
24%
10-19 years
20%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 83%
vision benefits
Vision: 75%
no benefits
None: 10%