Salary for Purchasing Managers

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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.

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The national wage distribution is shown below. To overlay local salaries for a Purchasing Manager, please select your state.
Annual salary
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Hourly rate
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SALARY TREND

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.

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INDUSTRIES

Purchasing Managers tend to make the most in the following industries:

Information
$151,940
Management of Companies and Enterprises
$149,730
Professional, Scientific, and Technical Services
$149,110
Finance and Insurance
$148,810
Mining, Quarrying, and Oil and Gas Extraction
$144,690
Utilities
$134,020

In general, they earn less within the industries below:

Accommodation and Food Services
$107,820
Educational Services
$108,910
Health Care and Social Assistance
$112,270
Arts, Entertainment, and Recreation
$115,360
Construction
$118,820
Other Services (except Public Administration)
$125,100
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