As of December 01, 2024, the average annual pay of Buyer IV in Royal Oak, MI is $119,427. While Salary.com is seeing that Buyer IV salary in Royal Oak, MI can go up to $144,259 or down to $96,500, but most earn between $107,426 and $132,425. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Buyer IV in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $131,505 | $10,959 | $2,529 | $63 |
| Average | $118,597 | $9,883 | $2,281 | $57 |
| 25th Percentile | $106,679 | $8,890 | $2,052 | $51 |
An entry-level Buyer IV with under 1 year experience makes about $112,602. With less than 2 years of experience, a mid-level Buyer IV makes around $113,494. After 2-4 years, the Buyer IV pay rises to about $114,920. Those senior Buyer IV with 5-8 years of experience earn roughly $116,702, and those Buyer IV having 8 years or more experience are expected to earn about $119,227 on average.
| Levels | Salary |
|---|---|
| Entry Level Buyer IV | $112,602 |
| Intermediate Level Buyer IV | $113,494 |
| Senior Level Buyer IV | $114,920 |
| Specialist Level Buyer IV | $116,702 |
| Expert Level Buyer IV | $119,227 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 1% |
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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
|
$137,341 |
15%
|
|
Innovation
|
$136,147 |
14%
|
|
Leadership
|
$133,758 |
12%
|
|
Project Management
|
$132,564 |
11%
|
|
Coordination
|
$131,370 |
10%
|
|
Scheduling
|
$126,592 |
6%
|
