$57,845
Avg. Salary
$20.20
Avg. Hourly Rate

Average additional compensation:

$3,061

Bonus

$2,017

Profit Sharing

$2,000

Commission

What am I worth?
How should I pay?

The average pay for a Procurement Specialist with Sourcing skills is $20.20 per hour.

The average pay for a Procurement Specialist with Sourcing skills is $57,845 per year.

10%
$14.52
10%
$20.20
50%
$28.11
90%
90%
MEDIAN $20.20
10%
$41k
10%
$58k
50%
$81k
90%
90%
MEDIAN $57,845
$41,202 - $81,025
$41K
$58K
$81K
MEDIAN: $57,845
10%
50%
90%

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$14.52 - $28.11
$15
$20
$28
MEDIAN: $20.20
10%
50%
90%

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$0$81K
Salary $41,202 - $81,025
Bonus $480 - $10,043
Profit Sharing $43.59 - $5,918
Commission $2,000
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).
)
$37,605 - $81,844
  • Country: United States
  • Currency: USD
  • Updated: 17 May 2019
  • Individuals Reporting: 589
Hourly Data $0$42
Hourly Rate $14.52 - $28.11
Overtime $16.49 - $42.66
Annual Data $0$81K
Bonus $480 - $10,043
Commission $2,000
Profit Sharing $43.59 - $5,918
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).
)
$37,605 - $81,844
  • Country: United States
  • Currency: USD
  • Updated: 17 May 2019
  • Individuals Reporting: 153

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 negative trend. An entry-level Procurement Specialist with less than 5 years of experience can expect to earn an average total compensation of $52,000 based on 203 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 $60,000 based on 135 salaries. An experienced Procurement Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $55,000 based on 80 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 $50,000 based on 23 salaries.

Key Stats for Procurement Specialist

Gender

Female
58 %
Male
41 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 182 votes.
Less than 1 year
4%
1-4 years
42%
5-9 years
26%
10-19 years
20%
20 years or more
8%

Experience Affects Procurement Specialist Salaries

Mid-Career
▲9%

Experienced
▼0%

National Average
$55,000

▼5%

Late-Career
▼9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 182 votes.

Gender

Female
58 %
Male
41 %

Years of Experience

Less than 1 year
4%
1-4 years
42%
5-9 years
26%
10-19 years
20%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 82%
vision benefits
Vision: 73%
no benefits
None: 12%