Average Procurement Manager with Inventory Management Skills Salary in Toronto, Ontario
The average annual salary of Procurement Manager is $96,108.00
The starting salary of Procurement Manager is between $60,410.00 and $71,070.00 whereas the maximum salary range is between $103,950.00 and $119,543.00.
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Procurement Manager Salary Comparison by Gender
This pie chart demonstrates the gender share for Procurement Manager. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Procurement Manager compared to female. Their involvement is 74% while of female is only 26%.
Salary Distribution Based on Years of Experience
The line graph shows Procurement Manager salary in Toronto, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For 5-9 years, the Procurement Manager salary increases to $77,151.91
And finally, once the Procurement Manager gains 20 years of experience or more, their salary would reach $105,245.00.
Prominent Skills Affecting Procurement Manager Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Procurement Manager's salary. It clearly highlights the skills needed for a post of Procurement Manager when hired by an employer.
The most vital skill expected of Procurement Manager is Supplier Management which impacts the most than the rest of the skills indicated with a staggering 3% comparatively. Therefore, one’s salary would greatly depend on their skills in Supplier Management.
The skill least likely to affect one’s pay would be Contract Negotiation with 2%. It can be said that Contract Negotiation skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Procurement Manager. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $78,809.00 whereas the highest earning is $105,719.00 which clearly shows the salary increases with the level of expertise.
Experienced person will earn the maximum salary of $105,719.00 at 10%. So to summerize, Mid Carrer earns 18% less than the average salary, Experienced earns 10% more than the average salary.