Salary for Purchasing Managers
Also known as: Contract Administrator, Contracting Manager, Director of Strategic Sourcing, Procurement Manager, Purchasing Director, Purchasing Manager, Sourcing Manager
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Purchasing managers are responsible for directing, coordinating, planning and overseeing the activities and tasks completed by purchasing officers, buyers and other related workers. These activities include purchasing materials, products, services and other similar work. This job normally requires a bachelor's degree and several years of related experience, but not always. Some employers require more than one of these or all three. Employers also require one to two years of on-the-job training after being hired.A Purchasing Manager can get salaries in a range of $74,570 to $197,630 based on experience and talent. can earn an average wage of one hundred and thirty-two thousand six hundred and sixty dollars every year.
are compensated highest in New Jersey, where they get average compensation of close to about $171,550. People with this job title can receive the highest pay in Information, where they can receive wages of $151,940.
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 72.31 percent nationwide in that time.
Purchasing Managers tend to make the most in the following industries:
In general, they earn less within the industries below:
