How much does a Procurement Agent make?

The average salary for a Procurement Agent is $78,792 per year in United States. Salaries estimates are based on 617 salaries submitted anonymously to Glassdoor by a Procurement Agent employees in United States.

The highest salary for a Procurement Agent in United States is $97,715 per year.

The lowest salary for a Procurement Agent in United States is $64,137 per year.

If you are thinking of becoming a Procurement Agent or planning the next step in your career, find details about the role, the career path and salary trajectory of a Procurement Agent.

Procurement agents earn salaries similar to the salaries of other purchasing jobs including procurement analysts. Their experience positions them well to move into senior management roles, including eventually executive titles like chief operating officer (COO) or chief executive officer (CEO). Procurement agents’ salaries are predicted to remain steady, as demand for the role remains steady.

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Data submitted anonymously to Glassdoor reveals that approximately 72% of procurement agents are generally satisfied with their salary and benefits. Apart from the regular salary, a procurement agent can earn an extra $12,057.14 each year through performance-based bonuses and profit sharing.

Your salary as a procurement agent may depend on your experience, academic background, and expertise. A procurement agent may earn from $53,364.09 to $118,106.83 per year. Glassdoor estimates the average salary of a procurement agent as approximately $66,735.08. After progressing along the procurement agent career path, you can work on becoming a senior procurement agent.

A procurement agent's career requires you to have a solid understanding of your company's culture and excellent negotiation skills with the suppliers. You can achieve this through extensive work experience within the industry.

Internship experience and communication skills can help build the base of a successful procurement agent career. To gain technical expertise, you can pursue a Supply Chain Procurement Certificate offered by the Association of Supply Chain Management (ASCM). Also, strong familiarity with procurement software, such as Sourcing and Procurement Suites, can help you make more money as a procurement agent.

To begin the process of salary negotiation, search for procurement agent jobs in your area and take note of the pay each one offers. Use this information as leverage during your negotiation. If you have work experience as a procurement agent in a specific industry, you'll find it easier to negotiate a higher salary than those with experience in a different industry. Procurement certifications may also come in handy during the process.

In addition, when negotiating your salary, having a balanced approach between firm and flexible will help you. Make sure you prepare well with common procurement agent interview questions, too.

About 71.57% of Procurement Agent professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional $12,057 in potential pay per year, among other factors, can qualify the annual pay of a Procurement Agent in United States as a good salary.

Procurement Agent professionals in United States have a wide total pay range, between $53,364 and $118,107 depending on experience, with an estimated total pay of $78,792 following the average career path of a Procurement Agent.