Procurement Head Salary at Unity Bank Ag BETA

How much does an Unity Bank Ag Procurement Head make?

As of December 2024, the average annual salary for a Procurement Head at Unity Bank Ag is $186,656, which translates to approximately $90 per hour. Salaries for Procurement Head at Unity Bank Ag typically range from $168,493 to $204,410, 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.

Unity Bank Ag Overview

Website:
unitybank.com
Size:
200 - 500 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

Unity Bancorp Inc. operates as a bank holding company for Unity Bank that provides a range of business and consumer financial services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. It also provides commercial, small business administration, consumer, mortgage, home equity, and personal loans. Unity Bancorp Inc. offers its financial services through 15 bank branches in Edison, Emerson, Flemington, Highland Park, Linden, Middlesex, North Plainfield, Phillipsburg, Scotch Plains, Somerset, Somerville, South Plainfield, Union, Washington, and Whitehouse; and 1 branch in Pennsylvania, as well as 1 loan production office in Bergen County, New Jersey. The company was founded in 1991 and is headquartered in Clinton, New...

See similar companies related to Unity Bank Ag

What Skills Does a person Need at Unity Bank Ag?

At Unity Bank Ag, 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. 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.
  2. 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.
  3. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  4. 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.
  5. Strategic sourcing: Identifying spend profiles and developing channels to acquire the optimum value of supplies that align with organizational goals.

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Check more jobs information at Unity Bank Ag

Job Title Average Unity Bank Ag Salary Hourly Rate
2 Account Relationship Manager $144,871 $70
3 Application Developer $124,922 $60
4 Assistant Vice President $68,694 $33
5 Banking Officer $95,231 $46
6 Branch Service Manager $103,774 $50
7 Business Analyst $110,992 $53
8 Business Analyst & Product Manager $155,502 $75
9 Business Banking Relationship Manager $108,817 $52
10 Center Manager, Customer Service $107,181 $52
11 Commercial Credit Analyst $62,905 $30
12 Commercial Lender $55,588 $27
13 Commercial Loan Assistant $58,237 $28

Hourly Pay at Unity Bank Ag

The average hourly pay at Unity Bank Ag for a Procurement Head is $90 per hour. The location, department, and job description all have an impact on the typical compensation for Unity Bank Ag positions. The pay range and total remuneration for the job title are shown in the table below. Unity Bank Ag may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $186,656 look to you?

FAQ about Salary and Jobs at Unity Bank Ag

1. How much does Unity Bank Ag pay per hour?
The average hourly pay is $90. 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 Unity Bank Ag?
According to the data, the highest approximate salary is about $204,410 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 Unity Bank Ag?
According to the data, the lowest estimated salary is about $168,493 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.