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Career Handbook - Purchasing Managers, Buyers, and Purchasing Agents Earnings
Purchasing Managers, Buyers, and Purchasing Agents
Earnings

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Earnings

Median annual earnings of purchasing managers were $59,890 in 2002. The middle 50 percent earned between $43,670 and $81,950 a year. The lowest 10 percent earned less than $32,330, and the highest 10 percent earned more than $108,140 a year.

Median annual earnings for purchasing agents and buyers, farm products were $40,900 in 2002. The middle 50 percent earned between $31,390 and $55,440 a year. The lowest 10 percent earned less than $23,850, and the highest 10 percent earned more than $76,740 a year.

Median annual earnings for wholesale and retail buyers, except farm products, were $40,780 in 2002. The middle 50 percent earned between $30,040 and $55,670 a year. The lowest 10 percent earned less than $23,270, and the highest 10 percent earned more than $76,070 a year. Median annual earnings in the industries employing the largest numbers of wholesale and retail buyers, except farm products, in 2002 were as follows:
 

Management of companies and enterprises $49,150
Grocery and related product wholesalers 42,850
Machinery, equipment, and supplies merchant wholesalers 37,920
Building material and supplies dealers 35,910

Median annual earnings for purchasing agents, except wholesale, retail, and farm products, were $45,090 in 2002. The middle 50 percent earned between $34,820 and $58,780 a year. The lowest 10 percent earned less than $27,950, and the highest 10 percent earned more than $73,990 a year. Median annual earnings in the industries employing the largest numbers of purchasing agents, except of wholesale, retail, and farm products, in 2002 were as follows:
 

Federal Government $58,410
Aerospace product and parts manufacturing 52,900
Management of companies and enterprises 50,790
Local government 42,450
General medical and surgical hospitals 34,420

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.
 


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Data Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2004-05 Edition