Hourly Wage for Commodity Buyer IV Salary in the United States

Hourly Wage for Commodity Buyer IV Salary

How much does a Commodity Buyer IV make hourly in the United States? The average hourly wage for a Commodity Buyer IV in the United States is $56 as of March 26, 2024, but the range typically falls between $52 and $59. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Compensation Planning
Bonus Calculator
Develop a Job description
Pay Equity
Job Skill Model
Salary Salary + Bonus Benefits Job Openings
500+ Commodity Buyer job openings Go >
View as table View as graph
Commodity Buyer IV Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Commodity Buyer IV Salary $48 US March 26, 2024
25th Percentile Commodity Buyer IV Salary $52 US March 26, 2024
50th Percentile Commodity Buyer IV Salary $56 US March 26, 2024
75th Percentile Commodity Buyer IV Salary $59 US March 26, 2024
90th Percentile Commodity Buyer IV Salary $62 US March 26, 2024
25% $52 10% $48 90% $62 75% $59 $56 50%(Median) Didn’t find job title? Click
Employers: Find Surveys For This Job Employers: Price Your Company Jobs Employees: View your Salary
Change Search Criteria
Check out Commodity Buyer Job Openings in Columbus, Ohio
Search More Commodity Buyer Jobs in Columbus, Ohio
See it in Action

What skills does a Commodity Buyer IV need?

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.

See More Skills
Analysis 4.5%
ERP 1.74%
ERP Systems 1.01%
Others 92.75%

Job Description for Commodity Buyer IV

Commodity Buyer IV purchases raw materials used to process and manufacture products or to conduct research or other business activities. Monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. Being a Commodity Buyer IV identifies, evaluates, and monitors suppliers to develop reliable sourcing and ensure the quality and availability of required commodities. Participates in bidding and contract negotiations to obtain the best pricing to meet commodity needs. Additionally, Commodity Buyer IV analyzes inventory levels, manufacturing schedules, and long-term business objectives to plan and manage purchases. Complies with all applicable regulations and standards governing the purchase and delivery of goods. Typically requires a bachelor's degree in business, supply chain management or equivalent. Typically reports to a manager. The Commodity Buyer IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Commodity Buyer IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Commodity Buyer IV.

Struggling with Managing Your Job Descriptions?

Our job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.

Explore JobArchitect
How to Pay Equity

Does your employee feel unfair treatment? See our CompAnalyst® Pay Equity Suite can help you achieve and sustain pay equity with the true end-to-end solution.

Explore Pay Equity

Search Job Openings

Salary.com job board provides millions of Commodity Buyer IV information for you to search for. Click on search button below to see Commodity Buyer IV job openings or enter a new job title here.

Job Openings for Commodity Buyer IV

Career Path for Commodity Buyer IV

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commodity Buyer IV, the upper level is Commodity Manager and then progresses to Commodity Senior Manager.

Commodity Buyer IV
Commodity Manager
Commodity Senior Manager
Those that have already made the climb...
Patricia B. Prichep, Senior Vice President of Operations and Corporate Secretary
CEL-SCI CORP
CEL-SCI Corporation, a clinical-stage biotechnology company, engages in the research and development of immune system therapy for the treatment of cancer and other diseases in the United States. The company's lead immunotherapy is Multikine, which has completed Phase 3 clinical trials for the potential treatment of cer... More
Fiscal Year Ended in 2022
Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Commodity Buyer IV

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Commodity Buyer IV Pay Difference by Location

Commodity Buyer IV salary varies from city to city. Compared with national average salary of Commodity Buyer IV, the highest Commodity Buyer IV salary is in San Francisco, CA, where the Commodity Buyer IV salary is 25.0% above. The lowest Commodity Buyer IV salary is in Miami, FL, where the Commodity Buyer IV salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total hourly compensation opportunity for a Commodity Buyer IV, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
52
59
56

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
54
64
59
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Commodity Buyer IV in the United States. The average hourly rate for Commodity Buyer IV ranges from $52 to $59 with the average hourly pay of $56. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $54 to $64 with the average total hourly cash compensation of $59.
Similar Job Titles:
Buyer II, Buyer III, Buyer IV, Commodity Buyer I, Commodity Buyer II
See additional Similar Jobs
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

52
59

 

Step 3 of 3

How much should you be paid?

Generate Your Salary Report

View the Cost of Living in Major Cities

Skills associated with Commodity Buyer IV: Demand Forecasting, Negotiation, Economic Research, Commodity Management ...More

Salary estimation for Commodity Buyer IV at companies like : Hirning Pontiac Cadillac Buick GMC Inc, LEARNING RESOURCES SUBSIDIARY Corp, Split Jaw Products LLC

Commodity Buyer IV Salary in United States
Commodity Buyer IV Salary Graph, Regional Distribution and Summary