As of May 18, 2021, the average salary for a Procurement Manager in the United States is $125,400 per year, which breaks down to an hourly rate of $60.
However, a Procurement Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Procurement Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Procurement Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Procurement Supervisor | 7+ years | $86,814 |
| Procurement Senior Supervisor | 7+ years | $99,352 |
| Procurement Manager | 7+ years | $125,334 |
| Procurement Senior Manager | 7+ years | $173,798 |
| Director of Procurement | 7+ years | $199,773 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Procurement Managers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Leadership | 3.25% |
| Accounting | 1.46% |
| MRP | 0.92% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Alignment
|
$131,670 |
5%
|
|
Innovation
|
$131,670 |
5%
|
|
Strategic Sourcing
|
$131,670 |
5%
|
|
Economics
|
$130,416 |
4%
|
|
Collaboration
|
$130,416 |
4%
|
|
Presentation
|
$130,416 |
4%
|
Your level of education can impact your salary potential. While many Procurement Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Procurement Manager with a Bachelor's Degree is between $123,099 and $131,178).
Procurement Manager Salaries by Degree Level
| 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% |
Understanding how a Procurement Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021Promotions are the fastest way to increase your earnings. As a Procurement Manager, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Gas Procurement Director | $193,840 | 55% |
| Procurement Senior Manager | $173,800 | 39% |
Salaries for a Procurement Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $107,544 in 2023 to around $107,270 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Procurement Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $107,544 |
| 2024 | $107,693 |
| 2025 | $107,270 |
| 2026 |
View More
|
| 2027 |
View More
|
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Procurement roles in the USA can be quite lucrative. For a Procurement Manager, salaries range from a minimum of $116,200 to a maximum of $146,700, with a mid-salary of $130,400. While entry-level positions may start around $53,000, experienced professionals can earn significantly more, reflecting the demand and expertise in the field.
A Procurement Manager is responsible for sourcing and purchasing goods and services for an organization. They negotiate contracts, manage supplier relationships, and ensure that procurement processes align with company goals. The salary for this role typically ranges from $116,200 to $146,700, with a median salary of $130,400, reflecting the importance of effective procurement in business operations.
The highest salary for a Procurement Manager is ₹146,700. Typically, salaries range from a minimum of ₹116,200 to a maximum of ₹146,700, with a mid-level salary of ₹130,400. This reflects the competitive nature of the role and the expertise required in procurement management.
Yes, procurement managers are in demand. The increase in procurement staff is projected to be 3% in 2023, while the workload is expected to rise by 10.6%. With a salary range for procurement managers between $116,200 and $146,700, this role is becoming increasingly vital for organizations to manage resources effectively amidst growing demands.
The procurement process can indeed be stressful due to its complexity, involving numerous expectations, budgets, deadlines, and requirements. However, the role of a Procurement Manager, with a salary range from $116,200 to $146,700, often comes with support and resources to help manage these challenges effectively.
One of the highest-paid jobs in supply chain management is the Procurement Manager, with a salary range from $116,200 to $146,700. This role is crucial for managing purchasing strategies and supplier relationships, making it a key position in the supply chain. Other high-paying careers include Operations Manager, Logistics Head, and Project Manager.
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.)
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