$48,512
Avg. Salary
$18.90
Avg. Hourly Rate

Average additional compensation:

$1,450

Bonus

$1,536

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Purchasing Specialist with Inventory Management skills is $18.90 per hour.

The median Purchasing Specialist has a base pay of $48,512. Salaries generally range from $37k to $66k. The median bonus is $1,450. Skills that can affect salary include Inventory Management.
$15.21
10%
$18.90
50%
$24.86
90%
MEDIAN $18.90
$37k
10%
$49k
50%
$66k
90%
MEDIAN $48,512
$37,361 - $66,071
$37K
$49K
$66K
MEDIAN: $48,512
10%
50%
90%

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$15.21 - $24.86
$15
$19
$25
MEDIAN: $18.90
10%
50%
90%

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$0$66K
Salary $37,361 - $66,071
Bonus $0.00 - $5,847
Profit Sharing $970 - $11,362
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).
)
$34,513 - $64,216
  • Country: United States
  • Currency: USD
  • Updated: 10 Feb 2019
  • Individuals Reporting: 163
Hourly Data $0$36
Hourly Rate $15.21 - $24.86
Overtime $22.01 - $36.66
Annual Data $0$64K
Bonus $0.00 - $5,847
Profit Sharing $970 - $11,362
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).
)
$34,513 - $64,216
  • Country: United States
  • Currency: USD
  • Updated: 10 Feb 2019
  • Individuals Reporting: 142

Job Description for Purchasing Specialist

Purchasing specialists typically hold manager-level positions charged with making purchases necessary for their organization's operations. The day-to-day duties performed by these specialists vary depending on the needs of the company. However, generally, a purchasing specialist works in a service-oriented business and oversees the purchasing and inventory of operating supplies rather than retail goods. Hotels, restaurants, hospitals, and companies that repair, maintain, or conduct construction work typically have a purchasing specialist.

Read More...
Purchasing Specialist Tasks
  • Predict required packaging or resources according to customer requests and coordinate with vendors to obtain products.
  • Resolve billing issues and any conflicts between the company and the vendors.
  • Maintain working relationships with vendors, evaluate vendor contract terms, and negotiate prices.
  • Place, schedule, and follow-up on orders to ensure accuracy and timely delivery.

Purchasing Specialist Job Listings

Pay by Experience Level for Purchasing Specialist

Pay by Experience for a Purchasing Specialist has a positive trend. An entry-level Purchasing Specialist with less than 5 years of experience can expect to earn an average total compensation of $43,000 based on 39 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Purchasing Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $45,000 based on 22 salaries. An experienced Purchasing Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $48,000 based on 26 salaries. A Purchasing Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $53,000 based on 8 salaries.

Key Stats for Purchasing Specialist

Gender

Female
59 %
Male
41 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 85 votes.
Less than 1 year
5%
1-4 years
41%
5-9 years
22%
10-19 years
22%
20 years or more
10%

Experience Affects Purchasing Specialist Salaries

Late-Career
▲19%

Experienced
▲8%

Mid-Career
▼0%

National Average
$45,000

Entry-Level
▼4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 85 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
5%
1-4 years
41%
5-9 years
22%
10-19 years
22%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 70%
vision benefits
Vision: 58%
no benefits
None: 20%