.

.

.

Salary, Wages, Pay: Purchasing Managers, Buyers, and Purchasing Agents




Median annual earnings of purchasing managers were $72,450 in May 2004. The middle 50 percent earned between $54,150 and $94,970 a year. The lowest 10 percent earned less than $41,300, and the highest 10 percent earned more than $121,600 a year.

Median annual earnings for purchasing agents and buyers, farm products were $43,720 in May 2004. The middle 50 percent earned between $33,100 and $59,420 a year. The lowest 10 percent earned less than $25,260, and the highest 10 percent earned more than $82,330 a year.

Median annual earnings for wholesale and retail buyers, except farm products, were $42,230 in May 2004. The middle 50 percent earned between $31,550 and $57,010 a year. The lowest 10 percent earned less than $24,380, and the highest 10 percent earned more than $79,340 a year. Median annual earnings in the industries employing the largest numbers of wholesale and retail buyers, except farm products, in May 2004 were:

Management of companies and enterprises $49,770
Grocery and related product wholesalers 43,910
Wholesale electronic markets and agents and brokers 43,860
Building material and supplies dealers 35,850
Grocery stores 32,790

Median annual earnings for purchasing agents, except wholesale, retail, and farm products, were $47,680 in May 2004. The middle 50 percent earned between $36,760 and $62,600 a year. The lowest 10 percent earned less than $29,640, and the highest 10 percent earned more than $79,710 a year. Median annual earnings in the industries employing the largest numbers of purchasing agents, except of wholesale, retail, and farm products, in May 2004 were:

Federal executive branch and United States Postal Service $63,940
Aerospace product and parts manufacturing 55,820
Management of companies and enterprises 53,750
Local government 44,730
General medical and surgical hospitals 37,090

Purchasing managers, buyers, and purchasing agents receive the same benefits package as other workers, including vacations, sick leave, life and health insurance, and pension plans. In addition to receiving standard benefits, retail buyers often earn cash bonuses based on their performance and may receive discounts on merchandise bought from their employer.