$62,875
Avg. Salary
$20.65
Avg. Hourly Rate

Average additional compensation:

$4,812

Bonus

$3,500

Profit Sharing

$8,000

Commission

What am I worth?
How should I pay?

The average pay for a Procurement Specialist with Contract Negotiation skills is $20.65 per hour.

The average pay for a Procurement Specialist with Contract Negotiation skills is $62,875 per year.

10%
$14.60
10%
$20.65
50%
$36.09
90%
90%
MEDIAN $20.65
10%
$44k
10%
$63k
50%
$90k
90%
90%
MEDIAN $62,875
$43,576 - $89,523
$44K
$63K
$90K
MEDIAN: $62,875
10%
50%
90%

Add this chart to your site: 640px    300px

$14.60 - $36.09
$15
$21
$36
MEDIAN: $20.65
10%
50%
90%

Add this chart to your site: 640px    300px

$0$93K
Salary $43,576 - $89,523
Bonus $998 - $11,416
Profit Sharing $0.00 - $19,797
Commission $8,000
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).
)
$40,721 - $93,014
  • Country: United States
  • Currency: USD
  • Updated: 18 May 2019
  • Individuals Reporting: 473
Hourly Data $0$48
Hourly Rate $14.60 - $36.09
Overtime $24.09 - $48.78
Annual Data $0$93K
Bonus $998 - $11,416
Commission $8,000
Profit Sharing $0.00 - $19,797
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).
)
$40,721 - $93,014
  • Country: United States
  • Currency: USD
  • Updated: 18 May 2019
  • Individuals Reporting: 84

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 $57,000 based on 146 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 $63,000 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 $64,000 based on 73 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 $75,000 based on 27 salaries.

Pay Difference by Location

3%

National Average: $62,753

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

Key Stats for Procurement Specialist

Gender

Female
53 %
Male
47 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 113 votes.
Less than 1 year
2%
1-4 years
38%
5-9 years
29%
10-19 years
22%
20 years or more
10%

Experience Affects Procurement Specialist Salaries

Late-Career
▲20%

Experienced
▲2%

Mid-Career
▲1%

National Average
$63,000

Entry-Level
▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 113 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
2%
1-4 years
38%
5-9 years
29%
10-19 years
22%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 81%
vision benefits
Vision: 71%
no benefits
None: 13%