$59,525
Avg. Salary
$22.29
Avg. Hourly Rate

Average additional compensation:

$3,856

Bonus

$4,000

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Procurement Analyst is $22.29 per hour.

The average pay for a Procurement Analyst is $59,525 per year.

$15.72
10%
$22.29
50%
$34.57
90%
MEDIAN $22.29
$43k
10%
$60k
50%
$81k
90%
MEDIAN $59,525
$42,914 - $80,953
$43K
$60K
$81K
MEDIAN: $59,525
10%
50%
90%

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$15.72 - $34.57
$16
$22
$35
MEDIAN: $22.29
10%
50%
90%

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$0$82K
Salary $42,914 - $80,953
Bonus $1,010 - $8,597
Profit Sharing $805 - $15,205
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).
)
$41,412 - $82,917
  • Country: United States
  • Currency: USD
  • Updated: 11 Jan 2019
  • Individuals Reporting: 1,271
Hourly Data $0$48
Hourly Rate $15.72 - $34.57
Overtime $21.05 - $48.94
Annual Data $0$82K
Bonus $1,010 - $8,597
Profit Sharing $805 - $15,205
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).
)
$41,412 - $82,917
  • Country: United States
  • Currency: USD
  • Updated: 11 Jan 2019
  • Individuals Reporting: 174

Job Description for Procurement Analyst

A procurement analyst builds new relationships between the company and vendors, and ensures that these relationships are maintained to the satisfaction of all parties. The analyst also negotiates arrangements for the purchase of the goods, materials, and services the company requires within its budget limitations. In meetings with vendors, the procurement analyst must determine prices and set up a system of delivery, as well as research the market appropriately to ensure that the company is getting the best possible value. They must research the vendors to verify their credibility and ability to provide what is promised, as well as keep abreast of data resulting from the vendor relationship to make sure it is worth maintaining in its present form or at all.

Read More...
Procurement Analyst Tasks
  • Collect and analyze organization-wide data to support decision-making groups.
  • Update system and inventory data, leading data quality and assurance.
  • Define, measure, and track categories for spending to provide targeted analyses of budget.
  • Negotiate costs, specifications, and timelines with vendors and suppliers, ensuring beneficial contracts.
  • Coordinate payment, delivery, scheduling, and organization of purchases, and place orders to ensure ongoing supply.

Popular Employer Salaries for Procurement Analyst

Common Career Paths for Procurement Analyst


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Procurement Analyst Job Listings

Popular Skills for Procurement Analyst

Pay by Experience Level for Procurement Analyst

Pay by Experience for a Procurement Analyst has a positive trend. An entry-level Procurement Analyst with less than 5 years of experience can expect to earn an average total compensation of $55,000 based on 480 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Procurement Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $66,000 based on 196 salaries. An experienced Procurement Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $70,000 based on 105 salaries. A Procurement Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $79,000 based on 38 salaries.

Pay Difference by Location

National Average: $59,169

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

Procurement Analyst Reviews

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

Procurement Analyst:
A lot of turn over, semi large company that still acts like a small mom & pop business. I would not reccomend working there. They replace ppl to make changes but nothing ever changes. A lot of good employees left due to all the problems.

Procurement Analyst in Arlington:
"Job that finds you."
Federal procurement and ebusiness is not a field that you grow up playing as a child but it is a career that spans a lot of different areas. The paperwork is painful but the analytical work and decision making is rewarding.

Related Job Salaries

Key Stats for Procurement Analyst

Gender

Female
52 %
Male
48 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 196 votes.
Less than 1 year
10%
1-4 years
49%
5-9 years
21%
10-19 years
13%
20 years or more
6%

Experience Affects Procurement Analyst Salaries

▲33%

▲18%

▲11%

National Average
$59,000

▼6%

Skills That Affect Procurement Analyst Salaries

Microsoft Office
▲23%

Sourcing
▲16%



▲5%

Vendor Management
▲3%

▼0%

Procurement
▼0%

Project Management
▼0%

National Average
$59,000




Inventory Management
▼9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 196 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
10%
1-4 years
49%
5-9 years
21%
10-19 years
13%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 84%
vision benefits
Vision: 74%
no benefits
None: 9%