Commodities Buyer Salary at Sioux Steel Co BETA
How much does a Sioux Steel Co Commodities Buyer make?
As of December 2024, the average annual salary for a Commodities Buyer at Sioux Steel Co is $60,805, which translates to approximately $29 per hour. Salaries for Commodities Buyer at Sioux Steel Co typically range from $55,064 to $65,196, 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.
For Employers
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningDoes your employee feel unfair treatment? See Our Pay Equity Suite can help you achieve and sustain pay equity with the true end-to-end solution.
Explore Pay EquityEnhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsGreen Thumb Commodities Jefferson, SD
See similar companies related to Sioux Steel Co
What Skills Does a person Need at Sioux Steel Co?
At Sioux Steel Co, 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.
- Procurement: Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.
- Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
- Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
- Supply chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
- Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
Related Jobs
Check more jobs information at Sioux Steel Co
| Job Title | Average Sioux Steel Co Salary | Hourly Rate | |
|---|---|---|---|
| 2 | Accounts Payable Clerk | $40,172 | $19 |
| 3 | Controller | $204,656 | $98 |
| 4 | Director, Operations | $154,986 | $75 |
| 5 | HR Generalist | $61,879 | $30 |
| 6 | Lead | $146,154 | $70 |
| 7 | Maintenance Tech | $49,035 | $24 |
| 8 | Manager, Construction Services | $86,671 | $42 |
| 9 | Manager, Supply Chain | $101,165 | $49 |
| 10 | Production Planner | $80,495 | $39 |
| 11 | Research and Development | $61,513 | $30 |
| 12 | Safety Coordinator | $55,784 | $27 |
| 13 | Senior Buyer | $73,875 | $36 |
Hourly Pay at Sioux Steel Co
FAQ about Salary and Jobs at Sioux Steel Co
The average hourly pay is $29. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
According to the data, the highest approximate salary is about $65,196 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
According to the data, the lowest estimated salary is about $55,064 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
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.