According to our records, the total average
compensation paid to Construction Purchasing professionals
tips a total of $61,000 (adjusted). This figure
represents amounts paid for base salary, bonuses, benefits
and all incentives combined into one.
Depending on the company or organization, some purchasers,
as part of an incentive package, may receive
performance bonuses that has a focus on being measured
by "monies saved" along
with cumulative incentives earned for the entire
package. As the purchasing manager or agent often works
in close cooperation with cost estimators, their employers
rely on his
or her efforts to help bring projects in, either at,
or preferably below projected costs.
Going by the BLS, the top 10% earn over $105,000 and
those that are managers reign in the highest salaries.
In reality, consultants and senior buyers on up may be
remitted more. Those who are Directors - including those
who are
Certified
Purchasing Professionals (CPP's) and Certified Professional
Purchasing Managers (CPPM's) with the American Purchasing
Society, as part of their credentials - may command
$175,000 and greater depending on the company and structure
of
incentives.
Amounts greater than this are not unheard of.
Buyers, agents, and managers who are gainfully
employed in purchasing are encouraged to visit the entry
place for compensation.
While we continue to pass on results.
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