As of April 01, 2025, the average annual salary for a Lead Buyer in Newark, NJ is $128,950. Salary.com reports that pay typically ranges from $119,370 to $136,860, with most professionals earning between $110,648 and $144,062.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $136,860 | $11,405 | $2,632 | $66 |
| Average | $128,950 | $10,746 | $2,480 | $62 |
| 25th Percentile | $119,370 | $9,948 | $2,296 | $57 |
An entry-level Lead Buyer with under 1 year experience makes about $123,948. With less than 2 years of experience, a mid-level Lead Buyer makes around $124,662. After 2-4 years, the Lead Buyer pay rises to about $125,804. Those senior Lead Buyer with 5-8 years of experience earn roughly $127,233, and those Lead Buyer having 8 years or more experience are expected to earn about $129,183 on average.
| Levels | Salary |
|---|---|
| Entry Level Lead Buyer | $123,948 |
| Intermediate Level Lead Buyer | $124,662 |
| Senior Level Lead Buyer | $125,804 |
| Specialist Level Lead Buyer | $127,233 |
| Expert Level Lead Buyer | $129,183 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 1% |
| Experienced | 0% |
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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.
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.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Strategic Sourcing: Identifying spend profiles and developing channels to acquire the optimum value of supplies that align with organizational goals.
| Skill | Salary | Demand |
|---|---|---|
|
Presentation
|
$148,293 |
15%
|
|
Innovation
|
$147,003 |
14%
|
|
Leadership
|
$144,424 |
12%
|
|
Project Management
|
$143,135 |
11%
|
|
Coordination
|
$141,845 |
10%
|
|
Scheduling
|
$136,687 |
6%
|
