Purchasing Manager Salary

Purchasing Managers who are practiced in their profession and carry more than 10 years of experience make up over one-half of Purchasing Managers. Pay fluctuates from $40K to $101K per year, but expected earnings average $64K annually. Total cash compensation to Purchasing Managers bottoms out near $40K and approaches $101K on the high end; the biggest paychecks include approximately $15K from bonuses and almost $10K from profit sharing. Location is the biggest factor affecting pay for this group, followed by years of experience. Job satisfaction for Purchasing Managers is high. Most report receiving medical coverage from their employers and the greater part collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.

$43,194 - $97,233
$43K
$64K
$97K
MEDIAN: $64,213
10%
50%
90%

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$14.53 - $28.78
$15
$19
$29
MEDIAN: $19.33
10%
50%
90%

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$0$100K
Salary $43,194 - $97,233
Bonus $478.87 - $14,633
Profit Sharing $0.00 - $9,921
Commission $1,216 - $47,344
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).
)
$39,999 - $100,243
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 3,199
Hourly Data $0$37
Hourly Rate $14.53 - $28.78
Hourly Tips $0.00
Overtime $19.68 - $37.90
Annual Data $0$100K
Bonus $478.87 - $14,633
Commission $1,216 - $47,344
Profit Sharing $0.00 - $9,921
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).
)
$39,999 - $100,243
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 488

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Purchasing Manager

Purchasing managers are involved in all aspects of the company’s business, from development to finding costs savings to corporate strategy to production. A successful purchasing manager must be able to review proposals for new projects in a timely manner, and they must maintain frequent interaction with marketing teams to discuss sales proposals and marketing strategies. They also must be skilled at finding cost savings.

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Purchasing Manager Tasks

  • Manage and direct employees involved in the buying, selling or distributions aspects of a company.
  • Analyze and implement purchasing processes and delivery systems.
  • Negotiate purchasing contracts and policies with respective suppliers.

Common Career Paths for Purchasing Manager


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Purchasing Managers sometimes assume positions such as Directors of Supply Chain Management. That role pays $122K per year on average. Purchasing Managers most often move into positions as Purchasing Directors or Supply Chain Managers; those groups report median salaries that are $21K higher and $19K higher, respectively.

Purchasing Manager Job Listings

Popular Skills for Purchasing Manager


Survey results imply that Purchasing Managers deploy a substantial tool kit of skills at work. Most notably, skills in Contract Negotiation, Strategic Planning, Supply Chain, and Leadership are correlated to pay that is above average, with boosts between 6 percent and 13 percent. Skills that seem to negatively impact pay include Inventory Control, Inventory Management, and Microsoft Excel. Most people experienced in Inventory Management also know Vendor Management. People who know Procurement usually also know Contract Negotiation, Vendor Management, and Negotiation.

Pay by Experience Level for Purchasing Manager

Pay by Experience for a Purchasing Manager has a positive trend. An entry-level Purchasing Manager with less than 5 years of experience can expect to earn an average total compensation of $51,000 based on 1,114 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Purchasing Manager 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 1,172 salaries. An experienced Purchasing Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $70,000 based on 1,430 salaries. A Purchasing Manager 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 788 salaries.

Pay Difference by Location

National Average: $62,934

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

Professionals earn a generous sum in the three largest American cities: New York, Chicago, and Los Angeles each offer salaries above the national average. In Phoenix, salaries are 19 percent below the national average and represent the lowest-paying market. Employers in Miami and Denver also lean toward paying below-median salaries (17 percent lower and 16 percent lower, respectively).

Purchasing Manager Reviews

Q: What is it like working as a Purchasing Manager?

Purchasing Manager in Quakertown:
"It is challenging."
Pros: Flexibility, leadership, experience.
Cons: Stress, long hours, over worked, no overtime.

Purchasing Manager in Plymouth:
"The Managment."
Pros: I love having the freedom to make important decisions on the company's behalf.
Cons: The corporate culture needs to change. Too many people with entitlement issues. What ok for some, is not ok for others...

Purchasing Manager in Farmington:
"Good working conditions, people and job duties."
Pros: Working with people and helping get things done so the County can function as it should. Many things to do so it stays interesting.
Cons: Paperwork.

Purchasing Manager in Chicago:
"Corporate."
Pros: Constant challenges, liaison with Accounts Payable, process improvement, system upgrades, people interaction.
Cons: Politics.

Purchasing Manager in Salem:
"Fast paced multitasking."
Pros: It's never dull and making new contacts.
Cons: No benefits with a small company.

Purchasing Manager in Stamford:
"Car."
Pros: I enjoy the opportunity to learn.
Cons: I hate the opportunity to learnasd.

Related Job Salaries

Key Stats for Purchasing Manager

Gender

Female
42 %
Male
58 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 741 votes.
Less than 1 year
1%
1-4 years
23%
5-9 years
22%
10-19 years
32%
20 years or more
21%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Purchasing Manager Salaries

▲19%

▲12%

▼0%

National Average
$63,000

▼19%

Skills That Affect Purchasing Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 741 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
1%
1-4 years
23%
5-9 years
22%
10-19 years
32%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 67%
vision benefits
Vision: 55%
no benefits
None: 17%
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