Average Vendor Relationship Manager Salary

$71,429
Avg. SalaryShow Hourly Rate
$7,854
Bonus
$7,500
Commission
$3,000
Profit Sharing
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The average salary for a Vendor Relationship Manager is $71,429.
10%
$45k
MEDIAN
$71k
90%
$115k
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Salary
$45k - $115k
Bonus
$1k - $21k
Profit Sharing
$1k - $6k
Commission
$0 - $8k
Total Pay
$43k - $122k
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What Do Vendor Relationship Managers Do?

Vendor Relationship Manager Tasks
  • Manage the procurement of vendor services, selection of vendors, review, and contract approval.
  • Manage vendor analysts and clerical staff.
  • Find and negotiate pricing with external service providers.

Job Satisfaction for Vendor Relationship Manager

3.6 out of 5
(65)
Highly Satisfied
9Reviews

Vendor Relationship Manager Job Listings

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What Are Popular Skills for Vendor Relationship Managers?

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

What is the Pay by Experience Level for Vendor Relationship Managers?

An entry-level Vendor Relationship Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $51,697 based on 12 salaries. An early career Vendor Relationship Manager with 1-4 years of experience earns an average total compensation of $60,033 based on 137 salaries. A mid-career Vendor Relationship Manager with 5-9 years of experience earns an average total compensation of $76,432 based on 91 salaries. An experienced Vendor Relationship Manager with 10-19 years of experience earns an average total compensation of $83,450 based on 86 salaries. In their late career (20 years and higher), employees earn an average total compensation of $97,826.
Employees with Vendor Relationship Manager in their job title in Seattle, Washington earn an average of 42.4% more than the national average. These job titles also find higher than average salaries in New York, New York (29.5% more) and San Francisco, California (14.8% more). The lowest salaries can be found in Atlanta, Georgia (19.8% less) and Phoenix, Arizona (14.5% less).

Years of Experience

This data is based on 352 survey responses.
Entry Level
3.4%
Early Career
38.9%
Mid Career
25.9%
Experienced
24.4%
Late Career
7.4%

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