What is the salary range of Top Purchasing Executive?

As of January 01, 2025, the average annual salary for a Top Purchasing Executive in the United States is $235,751. Salary.com reports that pay typically ranges from $206,606 to $265,961, with most professionals earning between $180,071 and $293,465.

Top Purchasing Executive Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $265,961 $22,163 $5,115 $128
Average $235,751 $19,646 $4,534 $113
25th Percentile $206,606 $17,217 $3,973 $99

Average Salary

25% $206,606 10% $180,071 90% $293,465 75% $265,961 $235,751 50%(Median) Didn’t find job title? Click
Change Search Criteria

What is the hourly and monthly salary as a Top Purchasing Executive?

As of January 01, 2025, the average hourly salary is $113 (range: $87 to $141); the average monthly salary is $19,646 (range: $15,006 to $24,455).

Last Updated on January 01, 2025
Last Updated on January 01, 2025

What are the salaries of Top Purchasing Executive with different levels of experience?

An entry-level Top Purchasing Executive with less than 1 year of experience earns about $216,282. With 1-2 years of experience, the average salary increases to $218,873. For 2-4 years of experience, the pay typically rises to $222,328. Senior-level professionals with 5-8 years of experience earn around $227,510, and those with over 8 years of experience can expect an average of $233,987.

Levels Salary
Entry Level Top Purchasing Executive $216,282
Intermediate Level Top Purchasing Executive $218,873
Senior Level Top Purchasing Executive $222,328
Specialist Level Top Purchasing Executive $227,510
Expert Level Top Purchasing Executive $233,987
$216,282 0 yr
$218,873 < 2 yrs
$222,328 2-4 yrs
$227,510 5-8 yrs
$233,987 > 8 yrs
Last Updated on January 01, 2025
Entry Level 8%
Mid Level 7%
Senior Level 6%
Top Level 3%
Experienced 1%
View as graph
Last Updated on January 01, 2025

How much does salary of Top Purchasing Executive vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of January 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Top Purchasing Executive is $294,689.
  • In New York, NY, the average annual salary is $275,357.
  • In Boston, MA, a Top Purchasing Executive earns $264,277 per year.

What is the salary trend of Top Purchasing Executive?

As of January 01, 2025, our research reveals a significant shift in Top Purchasing Executive compensation over the past six years. For example, the median salary increased from $205,285 in 2023 to approximately $204,502 in 2024. (For a detailed analysis of Top Purchasing Executive salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Top Purchasing Executive Over Time

2020
$???
2021
$???
2022
$???
$205,285
2023
$204,502
2024
$202,330
2025
2026
$???
Last Updated on January 01, 2025
2020
$???
2021
$???
2022
$???
2023
$205,285
2024
$204,502
2025
$202,330
2026
$???
Last Updated on January 01, 2025

Top Purchasing Executive Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $205,285
2024 $204,502
2025 $202,330
2026 View More
Last Updated on January 01, 2025

Job Openings of Top Purchasing Executive

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

Most Common Benefits for Top Purchasing Executive

Based on HR-reported data: a national average with a geographic differential
Base Salary 62.4%
Bonuses 14.2%
Social Security 3.9%
401k/403b 2.8%
Disability 1.5%
Healthcare 2.2%
Pension 3.6%
Time Off 9.4%
Core Compensation
Core Compensation Median % of Total
Base Salary $235,751 62.4%
Bonus $53,446 14.2%
Value of Benefits
Core Compensation Median % of Total
Social Security $14,647 3.9%
401K/403B $10,500 2.8%
Disability $5,784 1.5%
Healthcare $8,352 2.2%
Pension $13,500 3.6%
Time Off $35,593 9.4%
Total Compensation $377,572 100%
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 January 01, 2025

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

Salaries for Top Purchasing Executive with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Top Purchasing Executive with a Bachelor's Degree is $222,328 - $238,463. 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.

Top Purchasing Executive Salaries by Degree Level

Last Updated on January 01, 2025
Typical Education for Top Purchasing Executive
Degree Level % of user with this level of education
No Diploma 1.2%
High School 7.7%
Associates 3.0%
Bachelors 36.7%
Masters 49.7%
Doctorate 1.2%
Typical Education for Top Purchasing Executive
No Diploma 1.2%
High School 7.7%
Associates 3.0%
Bachelors 36.7%
Masters 49.7%
Doctorate 1.2%
view as table

Top Purchasing Executive Salaries by Degree Level

Last Updated on January 01, 2025

What Am I Worth?

FAQ about Top Purchasing Executive

1. What is the average salary of a Top Purchasing Executive?

The average annual salary of Top Purchasing Executive is $235,751. In case you are finding an easy salary calculator, the average hourly pay of Top Purchasing Executive is $113; the average weekly pay of Top Purchasing Executive is $4,534; the average monthly pay of Top Purchasing Executive is $19,646.

2. Where can a Top Purchasing Executive earn the most?

A Top Purchasing Executive'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 Top Purchasing Executive earns the most in San Jose, CA, where the annual salary of a Top Purchasing Executive is $295,867.

3. What is the highest pay for Top Purchasing Executive?

The highest pay for Top Purchasing Executive is $293,465.

4. What is the lowest pay for Top Purchasing Executive?

The lowest pay for Top Purchasing Executive is $180,071.

5. What are the responsibilities of Top Purchasing Executive?

Top Purchasing Executive leads procurement and purchasing operations and develops strategic plans to provide the materials and services to meet organizational requirements for quality, volume, availability, and pricing. Evaluates and develops 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 Top Purchasing Executive fosters collaboration with other functions to define current and future inventory requirements and manage inventory levels. Designs processes and systems and utilizes technical tools to analyze data and increase responsiveness to material demands. Additionally, Top Purchasing Executive incorporates auditing processes to ensure procurement and recordkeeping comply with any applicable industry or governmental regulations. Requires a bachelor's degree. Typically reports to top management. The Top Purchasing Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Purchasing Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.

6. What are the skills of Top Purchasing Executive

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.)

Inventory Management: Overseeing and controlling supplies and stock to ensure that an organization maintains an adequate stock quantity.

3.)

RFP: A request for proposal (RFP) is a business document that announces a project, describes it, and solicits bids from qualified contractors to complete it.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Is this useful?

The average salary for a Top Purchasing Executive is $235,751 per year in the United States, updated at January 01, 2025.
Is this useful? Maybe
lower level job