PurchTips - Edition # 125

 

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Picture of Charles Dominick, SPSM, SPSM2, SPSM3

Your Purchasing Salary: Is It Fair?

By Charles Dominick, SPSM, SPSM2, SPSM3

What Is A Good Salary For A Purchasing Agent?

To verify that a number is reasonable, you need a benchmark for comparison. Determining a benchmark salary is tricky because purchasing salaries vary due to the position level, the industry, the location of your employment, and your credentials.

To provide a good purchasing salary benchmark while addressing each of these variables, I?ll first separate salary statistics into two groups: Purchasing Managers and Purchasing Agents. Within each group, I?ll list average salaries across all industries, in different industries, and in different cities. Finally, I?ll share the premium earned by purchasing professionals with credentials. If you?re not from the USA, use the currency converter at www.xe.com to convert the values to your currency.

Average Purchasing Manager Salaries*

  • Across All Industries - $81,440
  • Accommodation & Food Services - $62,740
  • Health Care & Social Assistance - $71,410
  • Manufacturing - $79,830
  • Professional, Scientific & Tech. Services - $93,410
  • Real Estate Rental & Leasing - $105,800
  • In Chicago - $75,750
  • In Pittsburgh - $77,050
  • In Los Angeles - $84,670
  • In New York City - $106,110

Average Purchasing Agent Salaries*

  • Across All Industries - $52,560
  • Accommodation & Food Services - $40,280
  • Health Care & Social Assistance - $42,870
  • Manufacturing - $50,510
  • Professional, Scientific & Tech. Services - $58,500
  • Real Estate Rental & Leasing - $49,630
  • In Chicago - $54,880
  • In Pittsburgh - $52,070
  • In Los Angeles - $53,740
  • In New York City - $60,660

In a recent survey of over 1,200 purchasing professionals around the world, it was revealed that purchasing professionals possessing the SPSM Certification earn an average of $13,634 more than purchasing professionals without the SPSM.

I hope that this article helps you decide what steps are necessary to maximize your salary and that this information helps you begin earning what you deserve!

* Source: U.S. Department of Labor

(keep reading for a FREE Offer)

Spotlight On Professional Development Opportunities

SPSM Certification

Are you tired of not getting enough opportunities, respect, and money out of your purchasing career? Well, guess what? Nothing will change unless you take action towards becoming a world-class purchasing professional.

You see, today's employers refuse to reward employees for yesterday's skills.They demand that purchasing professionals like you use the most modern skills and achieve unprecedented results. They want you to save more money, achieve better operational performance, and reduce risk.

Is lacking a purchasing certification keeping you from getting the results, opportunities, respect, and money that you want out of your career? Today's employers refuse to reward employees for yesterday's skills. They want you to save more money, achieve better operational performance, and reduce risk. They demand that purchasing professionals like you achieve unprecedented results and without the most modern skills that can be a challenging feat!

So how can you acquire the most modern skills, achieve meaningful results, and convincingly prove your capabilities to today's employers? There is an impressive purchasing certification program that will teach you what you need to accomplish all of this and more. It is the SPSM® Certification, earned by completing the Senior Professional in Supply Management® Program. And you could earn it in less than a year - maybe even much less than a year!

Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is the action to take if you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSM® Certification (and perhaps get an iPad) (with the option of getting a Study Guide on an iPad) at:

Distinguishing yourself as an achiever in purchasing is key to sustaining a rewarding career, even in these difficult economic times. Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is to take if you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSM® Certification (and perhaps get an iPad) at:

Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is the action to take if you want to bring the most modern purchasing practices  into your organization and achieve your career potential. And if you sign up for the Senior Professional in Supply Management® Program on or before May 31, 2008, SPSMSM Certification Program on or before 4/30/2007, you also get these and other bonuses valued at over $700:

  • FREE $30 gift certificate to Amazon.com!
  • FREE CD-ROM with printer-friendly versions of the class materials!
  • FREE Purchasing Performance Measurement spreadsheet template!
  • FREE audio CD about purchasing job security!

To learn how to earn your SPSM® Certification and get these valuable bonuses, visit:

Earning your Senior Professional in Supply Management® (SPSM) Certification is the action to takeif you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSMSM Certification at:

Learn how to earn your SPSM® Certification at:

www.NextLevelPurchasing.com/spsm.html

The Latest Purchasing News

FREE Offer!!!

Do you want to research the purchasing salary you should be earning? I've prepared "The Guide To Benchmarking Your Purchasing Salary" to teach you the techniques I used to research the purchasing salaries listed in this article. And "The Guide" is FREE!

To Get "The Guide To Benchmarking Your Purchasing Salary" For FREE, Please Visit
www.NextLevelPurchasing.com/salary.


Free Procurement Training & Certification Starter Kit

This Starter Kit gives procurement professionals like you a clear idea on what it will take to become certified. You'll get an excellent feel for what you will need to learn and how long it will take.

Click here to learn more

Included in your free Starter Kit:

  • Access to two lessons from courses that are part of the Senior Professional in Supply Management® Program
  • A Certification & Training Planning Template
  • Case studies
  • A free Basic Membership in the NLPA

Together, these materials will help you decide how well the SPSM® Certification can help you achieve your career goals.

So, what are you waiting for? Begin your pursuit of a more rewarding procurement career – get your Procurement Training & Certification Starter Kit now by signing up for a free NLPA Basic Membership!

If you are already a member of the NLPA, click here to login and visit the "Starter Kit" tab to access these resources.