Average UK procurement salary rises to £41,000

The Chartered Institute of Procurement & Supply (CIPS) has released a salary guide and procurement report based on research that was carried out in October 2014.

The survey's respondents were procurement professionals from across the country, 61% of whom said they had been awarded a pay rise in the last year. This has brought the average salary for procurement workers up to £41,000.

The average procurement sector salary increase last year was 2.5%. The average across the whole of the UK economy was 1.7%, which indicates that procurement professionals are thriving financially.

Average salaries according to position

After revealing the £41,000 industry average, the study went on to detail the average salaries for different procurement positions:

  • Buyer: £27,000
  • Senior buyer: £35,000
  • Category manager: £42,000
  • Head of procurement: £64,000
  • Procurement director: £89,000

The study commented: "Unsurprisingly, salary and bonuses increase with seniority and are higher in the private sector, and in London and the South East. Average salaries and bonuses are lowest in the public sector, but here we also see more employees offered flexible working conditions."

Over 3,000 professionals took part in the survey, almost half of whom were fully qualified CIPS members – and thereby MCIPS-accredited. CIPS members who wish to become MCIPS-accredited must formally apply to have their membership upgraded. The data shows that, on average, professionals with full MCIPS accreditation currently earn 23% more than those without.

Looking for a well-paid job in procurement?

We can help you find your perfect role if you are a skilled and ambitious procurement professional. Portfolio Procurement recruits for leading organisations across the country, helping both individuals and businesses.

Our aim is to place professionals in jobs that align with their qualifications and levels of experience.

Take a look at our latest procurement opportunities, or call us on 020 7650 3191 to speak to a recruitment specialist.

View Our Resources

Pat Law Speaking At Procurement Conference

Pat Law, head of the Portfolio Group's specialist procurement recruitment division, will be...read more

Should you consider a contract procurement job?

Some may balk at the idea of an interim role, due to the potential for instability – on the other ...read more

What skills are needed for procurement jobs in 2015?

With 2015 just around the corner, many procurement professionals will be looking ahead and cons...read more

Job Focus: IT Procurement

With businesses increasingly reliant on IT systems, finding the right candidates for IT procure...read more