What am I worth?
What your skills are worth in the market is constantly changing.
Get your pay report
How should I pay?
When you get pay right, you attract and retain the best talent.
Price a job

Average Sourcing Associate Salary

$59,646
Avg. SalaryShow Hourly Rate
$3,049
Bonus
$2,000
Profit Sharing
What am I worth?
Get pay report
How should I pay?
Price a job
The average salary for a Sourcing Associate is $59,646.
10%
$40k
MEDIAN
$60k
90%
$82k
Is Sourcing Associate your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
United States (change)
How it works:
1
Enter city & years of experience
2
Add pay factors like skills & education
3
Find your market worth with a report tailored to you
Salary
$40k - $82k
Bonus
$412 - $10k
Profit Sharing
$515 - $11k
Total Pay
$37k - $84k
Find your market worth – how it works:
Tell us about your job and pay factors like skills and educationTell us about your job and pay factors like skills and education
Find your market worth with a report tailored to youFind your market worth with a report tailored to you
Negotiate your pay with confidenceNegotiate your pay with confidence

What Do Sourcing Associates Do?

Sourcing Associate Tasks
  • Review historical and competitive costs to identify cost savings opportunities and variances.
  • Analyze category, service, material, and vendor costs to provide key decision information.
  • Review financial goals and provide metrics to understand and report on initiatives and cost structure.
  • Ensure books and databases are up to date and accurate.

Job Satisfaction for Sourcing Associate

3.9 out of 5
(53)
Highly Satisfied
3Reviews

Popular Employer Salaries for Sourcing Associate

The top respondents for the job title Sourcing Associate are from the companies Bristol-Myers Squibb Company, Amgen Corporation and Starbucks Corporation. Reported salaries are highest at Starbucks Corporation where the average pay is $68,290. Other companies that offer high salaries for this role include Bristol-Myers Squibb Company, earning around $65,445. Duke Energy Corp pays the lowest at around $55,000. Amgen Corporation also pays on the lower end of the scale, paying $64,890.

Career Paths

Explore the most common career paths for Sourcing Associate. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Sourcing Associate
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Sourcing Associate Job Listings

Search for more jobs
Search

What Are Popular Skills for Sourcing Associates?

Skills in Sourcing, Vendor Management and Negotiation are correlated to pay that is above average. Skills that pay less than market rate include Project Management and Data Analysis.

What is the Pay by Experience Level for Sourcing Associates?

An entry-level Sourcing Associate with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $50,409 based on 49 salaries. An early career Sourcing Associate with 1-4 years of experience earns an average total compensation of $58,987 based on 163 salaries. A mid-career Sourcing Associate with 5-9 years of experience earns an average total compensation of $64,877 based on 67 salaries. An experienced Sourcing Associate with 10-19 years of experience earns an average total compensation of $64,947 based on 26 salaries. In their late career (20 years and higher), employees earn an average total compensation of $88,437.
Employees with Sourcing Associate in their job title in Seattle, Washington earn an average of 14.5% more than the national average. These job titles also find higher than average salaries in New York, New York (11.0% more) and San Francisco, California (9.4% more). The lowest salaries can be found in Chicago, Illinois (3.8% less) and Charlotte, North Carolina (0.0% less).

Years of Experience

This data is based on 314 survey responses.
Entry Level
15.6%
Early Career
51.9%
Mid Career
21.3%
Experienced
8.3%
Late Career
2.9%