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What is the salary range of Commodities Purchasing Specialist III?

As of December 01, 2024, the average annual pay of Commodities Purchasing Specialist III in the United States is $92,400. While Salary.com is seeing that Commodities Purchasing Specialist III salary in the US can go up to $105,582 or down to $80,173, but most earn between $86,000 and $99,300. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Commodities Purchasing Specialist III in the United States.

Commodities Purchasing Specialist III Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $99,300 $8,275 $1,910 $48
Average $92,400 $7,700 $1,777 $44
25th Percentile $86,000 $7,167 $1,654 $41

Average Salary

25% $86,000 10% $80,173 90% $105,582 75% $99,300 $92,400 50%(Median) Didn’t find job title? Click
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What is the hourly and monthly salary as a Commodities Purchasing Specialist III?

As of December 01, 2024, the average hourly salary is $44 (range: $39 to $51); the average monthly salary is $7,700 (range: $6,681 to $8,799).

Click the switch button below to see weekly and yearly salary of a Commodities Purchasing Specialist III.

Last Updated on December 01, 2024
Last Updated on December 01, 2024

What are the salaries of Commodities Purchasing Specialist III with different levels of experience?

As of December 01, 2024, Salary.com is seeing that an entry-level Commodities Purchasing Specialist III with under 1 year experience makes about $89,079. With less than 2 years of experience, a mid-level Commodities Purchasing Specialist III makes around $89,549. After 2-4 years, the Commodities Purchasing Specialist III pay rises to about $90,490. Those senior Commodities Purchasing Specialist III with 5-8 years of experience earn roughly $93,136, and those Commodities Purchasing Specialist III having 8 years or more experience is expected to earn about $95,504 on average.

Levels Salary
Entry Level Commodities Purchasing Specialist III $89,079
Intermediate Level Commodities Purchasing Specialist III $89,549
Senior Level Commodities Purchasing Specialist III $90,490
Specialist Level Commodities Purchasing Specialist III $93,136
Expert Level Commodities Purchasing Specialist III $95,504
$89,079 0 yr
$89,549 < 2 yrs
$90,490 2-4 yrs
$93,136 5-8 yrs
$95,504 > 8 yrs
Last Updated on December 01, 2024
Entry Level 4%
Mid Level 3%
Senior Level 2%
Top Level 1%
Experienced 3%
View as graph
Last Updated on December 01, 2024

How much does salary of Commodities Purchasing Specialist III vary from state to state?

How much does salary of Commodities Purchasing Specialist III vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of December 01, 2024, the average yearly salary of Commodities Purchasing Specialist III in San Francisco, CA is $115,500 and in New York, NY, the average annual salary goes to $107,900. While a Commodities Purchasing Specialist III earns $103,600 per year in Boston, MA.

What is the salary trend of Commodities Purchasing Specialist III?

For those exploring the changing dynamics of Commodities Purchasing Specialist III salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Commodities Purchasing Specialist III compensation over the past six years. For instance, the median salary has moved from $88,889 in 2023 to about $87,873 in 2024 (for a comprehensive analysis of Commodities Purchasing Specialist III salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Commodities Purchasing Specialist III Over Time

2020
$???
2021
$???
2022
$???
$88,889
2023
$87,873
2024
$86,732
2025
2026
$???
Last Updated on December 01, 2024
2020
$???
2021
$???
2022
$???
2023
$88,889
2024
$87,873
2025
$86,732
2026
$???
Last Updated on December 01, 2024

Commodities Purchasing Specialist III Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $88,889
2024 $87,873
2025 $86,732
2026 View More
Last Updated on December 01, 2024

Job Openings of Commodities Purchasing Specialist III

Salary.com job board provides millions of Commodities Purchasing Specialist III information for you to search for. Click on search button below to see Commodities Purchasing Specialist III job openings or enter a new job title here.

Most Common Benefits for Commodities Purchasing Specialist III

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.6%
Bonuses 2.7%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 6.2%
Pension 3.9%
Time Off 8.8%
Core Compensation
Core Compensation Median % of Total
Base Salary $92,400 68.6%
Bonus $3,600 2.7%
Value of Benefits
Core Compensation Median % of Total
Social Security $7,344 5.5%
401K/403B $4,032 3.0%
Disability $1,920 1.4%
Healthcare $8,352 6.2%
Pension $5,184 3.9%
Time Off $11,815 8.8%
Total Compensation $134,648 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on December 01, 2024

FAQ about Commodities Purchasing Specialist III

1. What is the average salary of a Commodities Purchasing Specialist III?

The average annual salary of Commodities Purchasing Specialist III is $92,400. In case you are finding an easy salary calculator, the average hourly pay of Commodities Purchasing Specialist III is $44; the average weekly pay of Commodities Purchasing Specialist III is $1,777; the average monthly pay of Commodities Purchasing Specialist III is $7,700.

2. Where can a Commodities Purchasing Specialist III earn the most?

A Commodities Purchasing Specialist III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Commodities Purchasing Specialist III earns the most in San Jose, CA, where the annual salary of a Commodities Purchasing Specialist III is $116,000.

3. What is the highest pay for Commodities Purchasing Specialist III?

The highest pay for Commodities Purchasing Specialist III is $105,582.

4. What is the lowest pay for Commodities Purchasing Specialist III?

The lowest pay for Commodities Purchasing Specialist III is $80,173.

5. What are the responsibilities of Commodities Purchasing Specialist III?

The Commodities Purchasing Specialist III monitors and analyzes the commodities market and overall economic conditions to ensure that commodities are purchased at competitive prices. Purchases commodities for use in manufacturing and other business applications. Being a Commodities Purchasing Specialist III requires a bachelor's degree in area of specialty. Participates in contract negotiations and ensures that orders include correct quantities and comply with quality standards. In addition, Commodities Purchasing Specialist III requires technical and purchasing expertise on assigned commodities. Typically reports to a manager. Being a Commodities Purchasing Specialist III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as a Commodities Purchasing Specialist III typically requires 4 -7 years of related experience.

6. What are the skills of Commodities Purchasing Specialist III

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.)

ERP: Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.

3.)

ERP Systems: Leveraging advanced tools and software systems to automate and manage core business functions cost-effectively to maximize performance.

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Commodities Purchasing Specialist III is $92,400 per year in the United States, updated at December 01, 2024.
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