Procurement Engineer Salary at Philips BETA

How much does a Philips Procurement Engineer make?

As of April 2025, the average annual salary for a Procurement Engineer at Philips is $94,962, which translates to approximately $46 per hour. Salaries for Procurement Engineer at Philips typically range from $84,131 to $102,334, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
usa.philips.com
Size:
200 - 500 Employees
Revenue:
$10M - $50M
Industry:
Retail & Wholesale

Founded in 1891, Philips Electronics is one of the world's biggest electronics companies and Europe's largest.

See similar companies related to Philips

What Skills Does a person Need at Philips?

At Philips, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. Bidding: Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service or a demand that something be done. Bidding is used to determine the cost or value of something.
  3. Quotations: A quotation is the repetition of a sentence, phrase, or passage from speech or text that someone has said or written. In oral speech, it is the representation of an utterance that is introduced by a quotative marker, such as a verb of saying.
  4. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  5. Construction Estimating: Forecasting the total costs of building a structure to prevent business loss and protect profit margin.

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Check more jobs information at Philips

Job Title Average Philips Salary Hourly Rate
2 Senior Technical Specialist $91,681 $44
3 Strategic Account Manager $84,225 $40
4 Talent Acquisition Recruiter $65,298 $31
5 Technical Analyst $59,072 $28
6 Assembler $34,401 $17
7 Assembly Line Worker $36,205 $17
8 Assistant Controller $144,300 $69
9 Channel Account Manager $69,865 $34
10 Communications Designer $66,791 $32
11 Complaint Analyst $37,659 $18
12 Compliance Specialist $95,424 $46
13 Director, Design $127,545 $61

Hourly Pay at Philips

The average hourly pay at Philips for a Procurement Engineer is $46 per hour. The location, department, and job description all have an impact on the typical compensation for Philips positions. The pay range and total remuneration for the job title are shown in the table below. Philips may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $94,962 look to you?

FAQ about Salary and Jobs at Philips

1. How much does Philips pay per hour?
The average hourly pay is $46. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Philips?
According to the data, the highest approximate salary is about $102,334 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Philips?
According to the data, the lowest estimated salary is about $84,131 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.