As of April 01, 2025, the average annual salary for a VP of Purchasing in Elgin, IL is $220,054. According to Salary.com, salaries can range from a low of $179,118 to a high of $259,921, with most professionals earning between $198,627 and $240,922.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $237,058 | $19,755 | $4,559 | $114 |
| Average | $216,525 | $18,044 | $4,164 | $104 |
| 25th Percentile | $195,441 | $16,287 | $3,758 | $94 |
An entry-level VP of Purchasing with under 1 year experience makes about $206,942. With less than 2 years of experience, a mid-level VP of Purchasing makes around $208,861. After 2-4 years, the VP of Purchasing pay rises to about $211,419. Those senior VP of Purchasing with 5-8 years of experience earn roughly $215,257, and those VP of Purchasing having 8 years or more experience are expected to earn about $220,054 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Purchasing | $206,942 |
| Intermediate Level VP of Purchasing | $208,861 |
| Senior Level VP of Purchasing | $211,419 |
| Specialist Level VP of Purchasing | $215,257 |
| Expert Level VP of Purchasing | $220,054 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 1% |
| Experienced | 2% |
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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.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Inventory Management: Overseeing and controlling supplies and stock to ensure that an organization maintains an adequate stock quantity.
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.
| Skill | Salary | Demand |
|---|---|---|
|
Commercial Law
|
$246,461 |
12%
|
|
Innovation
|
$242,060 |
10%
|
|
Talent Acquisition
|
$239,859 |
9%
|
|
Business Acumen
|
$237,659 |
8%
|
|
Relationship Management
|
$237,659 |
8%
|
|
Commitment
|
$233,258 |
6%
|
