$61,088
Avg. Salary
$20.95
Avg. Hourly Rate

Average additional compensation:

$3,490

Bonus

$2,948

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Procurement Specialist with Contract Management skills is $20.95 per hour.

The average pay for a Procurement Specialist with Contract Management skills is $61,088 per year.

10%
$14.70
10%
$20.95
50%
$37.45
90%
90%
MEDIAN $20.95
10%
$42k
10%
$61k
50%
$86k
90%
90%
MEDIAN $61,088
$41,726 - $86,469
$42K
$61K
$86K
MEDIAN: $61,088
10%
50%
90%

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$14.70 - $37.45
$15
$21
$37
MEDIAN: $20.95
10%
50%
90%

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$0$88K
Salary $41,726 - $86,469
Bonus $0.00 - $10,159
Profit Sharing $0.00 - $6,660
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).
)
$38,768 - $88,816
  • Country: United States
  • Currency: USD
  • Updated: 18 May 2019
  • Individuals Reporting: 410
Hourly Data $0$38
Hourly Rate $14.70 - $37.45
Overtime $21.90 - $38.65
Annual Data $0$88K
Bonus $0.00 - $10,159
Profit Sharing $0.00 - $6,660
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).
)
$38,768 - $88,816
  • Country: United States
  • Currency: USD
  • Updated: 18 May 2019
  • Individuals Reporting: 86

Job Description for Procurement Specialist

Procurement specialists specialize in finding goods and services for businesses at the best price to ensure the businesses' continued functionality. This can include office supplies, inventory, and large scale purchases like real estate. These specialists are counted on to meet budgetary constraints and increase profitability.

Read More...
Procurement Specialist 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 Specialist Job Listings

Pay by Experience Level for Procurement Specialist

Pay by Experience for a Procurement Specialist has a positive trend. An entry-level Procurement Specialist with less than 5 years of experience can expect to earn an average total compensation of $53,000 based on 144 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Procurement Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $62,000 based on 109 salaries. An experienced Procurement Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $62,000 based on 82 salaries. A Procurement Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $72,000 based on 26 salaries.

Pay Difference by Location

37%

National Average: $58,824

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

Key Stats for Procurement Specialist

Gender

Female
58 %
Male
42 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 99 votes.
Less than 1 year
4%
1-4 years
36%
5-9 years
27%
10-19 years
23%
20 years or more
10%

Experience Affects Procurement Specialist Salaries

Late-Career
▲23%

Mid-Career
▲6%

Experienced
▲6%

National Average
$59,000

Entry-Level
▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 99 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
4%
1-4 years
36%
5-9 years
27%
10-19 years
23%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 83%
vision benefits
Vision: 72%
no benefits
None: 11%