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What is the highest and lowest pay for Purchasing Manager?

As of November 01, 2024, the average annual pay of Purchasing Manager in the United States is $129,705. While Salary.com is seeing that the highest pay for Purchasing Manager in the US can go up to $160,574 and the lowest down to $102,625, but most earn between $115,530 and $145,863. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Purchasing Manager in the United States.

Purchasing Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $145,863 $12,155 $2,805 $70
Average $129,705 $10,809 $2,494 $62
25th Percentile $115,530 $9,628 $2,222 $56

Average Salary

25% $115,530 10% $102,625 90% $160,574 75% $145,863 $129,705 50%(Median) Didn’t find job title? Click
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What is the highest and lowest pay for Purchasing Manager?

As of November 01, 2024, the average annual pay of Purchasing Manager in the United States is $129,705. While Salary.com is seeing that the highest pay for Purchasing Manager in the US can go up to $160,574 and the lowest down to $102,625, but most earn between $115,530 and $145,863. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Purchasing Manager in the United States.

What is the hourly and monthly salary as a Purchasing Manager?

As of November 01, 2024, the average hourly salary is $62 (range: $49 to $77); the average monthly salary is $10,809 (range: $8,552 to $13,381).

Click the switch button below to see weekly and yearly salary of a Purchasing Manager.

Last Updated on November 01, 2024
Last Updated on November 01, 2024

What are the salaries of Purchasing Manager with different levels of experience?

As of November 01, 2024, Salary.com is seeing that an entry-level Purchasing Manager with under 1 year experience makes about $124,722. With less than 2 years of experience, a mid-level Purchasing Manager makes around $125,144. After 2-4 years, the Purchasing Manager pay rises to about $125,777. Those senior Purchasing Manager with 5-8 years of experience earn roughly $127,886, and those Purchasing Manager having 8 years or more experience is expected to earn about $130,566 on average.

Levels Salary
Entry Level Purchasing Manager $124,722
Intermediate Level Purchasing Manager $125,144
Senior Level Purchasing Manager $125,777
Specialist Level Purchasing Manager $127,886
Expert Level Purchasing Manager $130,566
$124,722 0 yr
$125,144 < 2 yrs
$125,777 2-4 yrs
$127,886 5-8 yrs
$130,566 > 8 yrs
Last Updated on November 01, 2024
Entry Level 4%
Mid Level 4%
Senior Level 3%
Top Level 1%
Experienced 1%
View as graph
Last Updated on November 01, 2024

How much does salary of Purchasing Manager 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 November 01, 2024, the average yearly salary of Purchasing Manager in San Francisco, CA is $162,131 and in New York, NY, the average annual salary goes to $151,495. While a Purchasing Manager earns $145,399 per year in Boston, MA.

What is the salary trend of Purchasing Manager?

For those exploring the changing dynamics of Purchasing Manager salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of November 01, 2024, our research highlights a notable shift in Purchasing Manager compensation over the past six years. For instance, the median salary has moved from $107,544 in 2023 to about $107,693 in 2024 (for a comprehensive analysis of Purchasing Manager 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 Purchasing Manager Over Time

2020
$???
2021
$???
2022
$???
$107,544
2023
$107,693
2024
$107,270
2025
2026
$???
Last Updated on November 01, 2024
2020
$???
2021
$???
2022
$???
2023
$107,544
2024
$107,693
2025
$107,270
2026
$???
Last Updated on November 01, 2024

Purchasing Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $107,544
2024 $107,693
2025 $107,270
2026 View More
Last Updated on November 01, 2024

Job Openings of Purchasing Manager

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

Based on HR-reported data: a national average with a geographic differential
Base Salary 67.0%
Bonuses 5.7%
Social Security 5.6%
401k/403b 3.1%
Disability 1.5%
Healthcare 4.3%
Pension 3.9%
Time Off 9.0%
Core Compensation
Core Compensation Median % of Total
Base Salary $129,705 67.0%
Bonus $11,116 5.7%
Value of Benefits
Core Compensation Median % of Total
Social Security $10,773 5.6%
401K/403B $5,914 3.1%
Disability $2,816 1.5%
Healthcare $8,352 4.3%
Pension $7,604 3.9%
Time Off $17,332 9.0%
Total Compensation $193,613 100%
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 November 01, 2024

What are the salaries of a Purchasing Manager with different levels of education?

Salaries for Purchasing Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Purchasing Manager with a Bachelor's Degree is $123,667 - $131,769. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Purchasing Manager Salaries by Degree Level

Last Updated on November 01, 2024
Typical Education for Purchasing Manager
Degree Level % of user with this level of education
No Diploma 0.9%
High School 20.0%
Associates 9.8%
Bachelors 44.4%
Masters 24.4%
Doctorate 0.6%
Typical Education for Purchasing Manager
No Diploma 0.9%
High School 20.0%
Associates 9.8%
Bachelors 44.4%
Masters 24.4%
Doctorate 0.6%
view as table

Purchasing Manager Salaries by Degree Level

Last Updated on November 01, 2024

What Am I Worth?

FAQ about Purchasing Manager

1. What is the average salary of a Purchasing Manager?

The average annual salary of Purchasing Manager is $129,705. In case you are finding an easy salary calculator, the average hourly pay of Purchasing Manager is $62; the average weekly pay of Purchasing Manager is $2,494; the average monthly pay of Purchasing Manager is $10,809.

2. Where can a Purchasing Manager earn the most?

A Purchasing Manager'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 Purchasing Manager earns the most in San Jose, CA, where the annual salary of a Purchasing Manager is $162,780.

3. What is the highest pay for Purchasing Manager?

The highest pay for Purchasing Manager is $160,574.

4. What is the lowest pay for Purchasing Manager?

The lowest pay for Purchasing Manager is $102,625.

5. What are the responsibilities of Purchasing Manager?

Purchasing Manager manages procurement and purchasing operations and implements the strategy to provide the materials and services to meet organizational requirements for quality, volume, availability, and pricing. Maintains strategic supplier relationships, negotiates contracts, and implements systems for monitoring performance, assessing risk, and responding to changes in demand or disruptions in the supply chain. Being a Purchasing Manager collaborates with other functions to define current and future inventory requirements and manage inventory levels. Implements processes and systems and utilizes technical tools to analyze data and increase responsiveness to material demands. Additionally, Purchasing Manager oversees auditing processes to ensure procurement and recordkeeping comply with any applicable industry or governmental regulations. Typically requires a bachelor's degree. Typically reports to a director. The Purchasing Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Purchasing Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

6. What are the skills of Purchasing Manager

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.)

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.)

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

3.)

MRP: A system for calculating the materials and components needed to manufacture a product. Production planning, scheduling, and inventory control system used to manage manufacturing processes.

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 Purchasing Manager is $129,705 per year in the United States, updated at November 01, 2024.
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