Purchasing Agent (but not Wholesale, Retail, or Farm Products) Salary

Purchasing Agents in the United States can expect to earn an average of $50K annually. In the world of Purchasing Agents, overall income ranges from $32K near the bottom to $67K at the top; this can include more than $6K from bonuses and more than $11K from profit sharing in exceptional cases. Residence is the biggest factor affecting pay for this group, followed by years of experience. Most workers in this position report high levels of job satisfaction. Women Purchasing Agents who took the survey just slightly outnumber men. Medical benefits are awarded to most, and a strong majority earn dental coverage. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$37,832 - $70,860
$38K
$50K
$71K
MEDIAN: $49,904
10%
50%
90%

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$13.96 - $24.73
$14
$18
$25
MEDIAN: $18.24
10%
50%
90%

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$0$70K
Salary $37,832 - $70,860
Bonus $0.00 - $6,048
Profit Sharing $302.01 - $10,350
Commission $5,373
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).
)
$31,928 - $67,165
  • Country: United States
  • Currency: USD
  • Updated: 8 Nov 2017
  • Individuals Reporting: 772
Hourly Data $0$36
Hourly Rate $13.96 - $24.73
Overtime $20.80 - $36.68
Annual Data $0$67K
Bonus $0.00 - $6,048
Commission $5,373
Profit Sharing $302.01 - $10,350
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).
)
$31,928 - $67,165
  • Country: United States
  • Currency: USD
  • Updated: 8 Nov 2017
  • Individuals Reporting: 476

Job Description for Purchasing Agent (but not Wholesale, Retail, or Farm Products)

A company’s purchasing agent (in fields other that wholesale, retail, or farm products) has extensive knowledge of computers and a company's economic procedures. They use those skills to ensure purchasing and orders run smoothly. Purchasing agents must maintain good relationships with current vendors and buyers, which includes communicating changes in products, any new products that the vendor may be interested in purchasing, and any promotions by the company. The purchasing agent keeps up with current product demands and try to increase sales from vendors and buyers. Purchasing agents also regularly work with sales and marketing departments of the company to identify any products or services of the company that are not selling well to decide whether the product should be taken off the market.

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Purchasing Agent (but not Wholesale, Retail, or Farm Products) Tasks

  • Procure and contract for goods and services in a specific industry.
  • Take corrective action when defective goods are received.
  • Inventory existing property and conduct audits.
  • Test and evaluate sample products, draw up and approve requisitions, and ensure adequate supply.
  • Research and identify vendors, and negotiate to achieve desired quality, price, and timetables.

Common Career Paths for Purchasing Agent (but not Wholesale, Retail, or Farm Products)


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Though not the most common occurrence, Purchasing Agents sometimes become Purchasing Directors, where the average income is $85K per year. Purchasing Agents most often move into positions as Purchasing Managers or Purchasing Managers; those groups report median salaries that are $15K higher and $2K higher, respectively.

Purchasing Agent (but not Wholesale, Retail, or Farm Products) Job Listings

Popular Skills for Purchasing Agent (but not Wholesale, Retail, or Farm Products)


Purchasing Agents seem to require a rather large skill set. Most notably, skills in Contract Negotiation, Sourcing, Data Analysis, and Negotiation are correlated to pay that is above average, with boosts between 7 percent and 11 percent. Skills that pay less than market rate include Pricing, Vendor Relations, and Order Inventory. Most people who know Purchasing also know Inventory Management, Procurement, and Contract Negotiation. The majority of those who know Vendor Management also know Procurement.

Pay by Experience Level for Purchasing Agent (but not Wholesale, Retail, or Farm Products)

Pay by Experience for a Purchasing Agent (but not Wholesale, Retail, or Farm Products) has a positive trend. An entry-level Purchasing Agent (but not Wholesale, Retail, or Farm Products) with less than 5 years of experience can expect to earn an average total compensation of $42,000 based on 591 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Purchasing Agent (but not Wholesale, Retail, or Farm Products) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $47,000 based on 355 salaries. An experienced Purchasing Agent (but not Wholesale, Retail, or Farm Products) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $50,000 based on 352 salaries. A Purchasing Agent (but not Wholesale, Retail, or Farm Products) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $54,000 based on 169 salaries.

Pay Difference by Location

National Average: $46,562

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

For Purchasing Agents, working in the bustling city of St. Louis has its advantages, including an above-average pay rate. Purchasing Agents can also look forward to large paychecks in cities like Los Angeles (+20 percent), Salt Lake City (+17 percent), New York (+14 percent), and Seattle (+13 percent). The lowest-paying market is Buffalo, which sits 19 percent below the national average.

Purchasing Agent (but not Wholesale, Retail, or Farm Products) Reviews

Q: What is it like working as a Purchasing Agent (but not Wholesale, Retail, or Farm Products)?

Purchasing Agent (but not Wholesale, Retail, or Farm Products) in Portland:
"Corporate culture."
Pros: Co workers, low stress,
Cons: No room to grow.

Purchasing Agent (but not Wholesale, Retail, or Farm Products) in Hohenwald:
"Good job but has alot of stress."
Pros: Good hours and being able to meet alot of new people!
Cons: Doing alot of reports and having to solve everybody else's problems.

Purchasing Agent (but not Wholesale, Retail, or Farm Products) in Albany:
"Purchasing."
Pros: Good Hours, Great People.
Cons: Stressful, seasonal.

Purchasing Agent (but not Wholesale, Retail, or Farm Products) in Port Arthur:
"Schedule."
Pros: Four day work week, working 4 tens is a great benefit.
Cons:

Purchasing Agent (but not Wholesale, Retail, or Farm Products) in Miami:
"Purchasing Agent Plus."
Pros: Always have somethin to do.
Cons: Stressful to work with vendors.

Related Job Salaries

Key Stats for Purchasing Agent (but not Wholesale, Retail, or Farm Products)

Gender

Female
52 %
Male
48 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 254 votes.
Less than 1 year
2%
1-4 years
37%
5-9 years
22%
10-19 years
23%
20 years or more
16%

Experience Affects Purchasing Agent (but not Wholesale, Retail, or Farm Products) Salaries

▲15%

▲7%

▼0%

National Average
$47,000

▼10%

Skills That Affect Purchasing Agent (but not Wholesale, Retail, or Farm Products) Salaries


▲7%

▲6%


▲3%


National Average
$47,000


Inventory Management
▼2%

Microsoft Office
▼2%

▼3%

Materials Requirement Planning (MRP)
▼3%



Vendor Relations
▼9%

▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 254 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
2%
1-4 years
37%
5-9 years
22%
10-19 years
23%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 71%
vision benefits
Vision: 59%
no benefits
None: 12%