As of December 01, 2024, the average annual pay of Vendor Relations Manager in the United States is $139,566. While Salary.com is seeing that Vendor Relations Manager salary in the US can go up to $169,591 or down to $104,198, but most earn between $121,053 and $155,282. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Vendor Relations Manager in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $155,282 | $12,940 | $2,986 | $75 |
| Average | $139,566 | $11,631 | $2,684 | $67 |
| 25th Percentile | $121,053 | $10,088 | $2,328 | $58 |
As of December 01, 2024, Salary.com is seeing that an entry-level Vendor Relations Manager with under 1 year experience makes about $131,944. With less than 2 years of experience, a mid-level Vendor Relations Manager makes around $132,768. After 2-4 years, the Vendor Relations Manager pay rises to about $135,516. Those senior Vendor Relations Manager with 5-8 years of experience earn roughly $138,814, and those Vendor Relations Manager having 8 years or more experience is expected to earn about $142,779 on average.
| Levels | Salary |
|---|---|
| Entry Level Vendor Relations Manager | $131,944 |
| Intermediate Level Vendor Relations Manager | $132,768 |
| Senior Level Vendor Relations Manager | $135,516 |
| Specialist Level Vendor Relations Manager | $138,814 |
| Expert Level Vendor Relations Manager | $142,779 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 2% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of December 01, 2024, the average yearly salary of Vendor Relations Manager is $153,941 in California and in Massachusetts, the average annual salary goes to $151,848. While in New Jersey, a Vendor Relations Manager earns $152,964 per year.
What Am I Worth?
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 December 01, 2024, the average yearly salary of Vendor Relations Manager in San Francisco, CA is $174,458 and in New York, NY, the average annual salary goes to $163,013. While a Vendor Relations Manager earns $156,454 per year in Boston, MA.
For those exploring the changing dynamics of Vendor Relations Manager salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Vendor Relations Manager compensation over the past six years. For instance, the median salary has moved from $110,279 in 2023 to about $106,800 in 2024 (for a comprehensive analysis of Vendor Relations 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.
Salary.com job board provides millions of Vendor Relations Manager information for you to search for. Click on search button below to see Vendor Relations Manager job openings or enter a new job title here.
Here are companies hiring for Vendor Relations Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $139,566 | 65.0% | ||
| Bonus | $17,229 | 8.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $11,995 | 5.6% | ||
| 401K/403B | $6,585 | 3.1% | ||
| Disability | $3,136 | 1.5% | ||
| Healthcare | $8,352 | 3.9% | ||
| Pension | $8,467 | 3.9% | ||
| Time Off | $19,298 | 9.0% | ||
| Total Compensation | $214,628 | 100% | ||
The average annual salary of Vendor Relations Manager is $139,566. In case you are finding an easy salary calculator, the average hourly pay of Vendor Relations Manager is $67; the average weekly pay of Vendor Relations Manager is $2,684; the average monthly pay of Vendor Relations Manager is $11,631.
A Vendor Relations 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 Vendor Relations Manager earns the most in San Jose, CA, where the annual salary of a Vendor Relations Manager is $175,155.
The highest pay for Vendor Relations Manager is $169,591.
The lowest pay for Vendor Relations Manager is $104,198.
Vendor Relations Manager oversees strategic vendor management programs to create collaborative supplier relationships that control costs, manage risks, and support compliance with standards and requirements. Develops and sustains relationships with critical vendors by communicating and conducting regular reviews of status and issues. Being a Vendor Relations Manager enables suppliers' understanding of the business's requirements, needs, and service expectations by providing a solid foundation of information and resources. Defines the escalation paths and methods to use to resolve problems. Additionally, Vendor Relations Manager provides clear and actionable feedback to encourage cooperation and drive continuous improvement in vendor performance. Requires a bachelor's degree. Typically reports to a director or head of a unit/department. The Vendor Relations 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 Vendor Relations 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.
