Commodity Buyer I Salary in Chicago, Illinois

Commodity Buyer I Salary in Chicago, IL

How much does a Commodity Buyer I make in Chicago, IL? The average Commodity Buyer I salary in Chicago, IL is $65,069 as of March 26, 2024, but the range typically falls between $62,050 and $69,797. Salary ranges 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. 

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Commodity Buyer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commodity Buyer I Salary $59,301 Chicago,IL March 26, 2024
25th Percentile Commodity Buyer I Salary $62,050 Chicago,IL March 26, 2024
50th Percentile Commodity Buyer I Salary $65,069 Chicago,IL March 26, 2024
75th Percentile Commodity Buyer I Salary $69,797 Chicago,IL March 26, 2024
90th Percentile Commodity Buyer I Salary $74,102 Chicago,IL March 26, 2024
25% $62,050 10% $59,301 90% $74,102 75% $69,797 $65,069 50%(Median) Didn’t find job title? Click
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Job Description for Commodity Buyer I

Commodity Buyer I 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 I 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 I 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 I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commodity Buyer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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

Job Openings for Commodity Buyer I in Chicago, IL

Career Path for Commodity Buyer I

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 I, the first career path typically starts with a Buyer II position, and then progresses to Buyer IV.

Additionally, the second career path typically starts with a Commodity Buyer II position, and then progresses to Commodity Buyer IV.

Commodity Buyer I
Buyer II
Commodity Buyer II
Buyer IV
Commodity Buyer IV
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Commodity Buyer I Pay Difference by Location

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

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Understand the total compensation opportunity for a Commodity Buyer I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
62050
69797
65069

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
63167
71466
66316
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commodity Buyer I in Chicago, IL. The base salary for Commodity Buyer I ranges from $62,050 to $69,797 with the average base salary of $65,069. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,167 to $71,466 with the average total cash compensation of $66,316.
Similar Job Titles:
Buyer I, Buyer II, Buyer III, Buyer IV, Commodity Buyer II
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62050
69797

 

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About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Commodity Buyer I Salary in popular cities: Aurora, Rockford, Joliet

Skills associated with Commodity Buyer I: Negotiation, Commodity Management, Contracts Management & Administration, Economic Research ...More