Average Procurement Manager with Vendor Management Skills Salary in Toronto, Ontario
The average annual salary of Procurement Manager is $84,138.00
The starting salary of Procurement Manager is between $56,576.00 and $66,560.00 whereas the maximum salary range is between $94,640.00 and $108,836.00.
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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, female employees are involved significantly more as Procurement Manager compared to male. Their involvement is 55% while of male is only 45%.
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 $92,739.40
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $84,042.17.
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 15% 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 Management with 10%. It can be said that Contract Management 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 $83,297.00 whereas the highest earning is $91,710.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of $91,710.00 at 9%. So to summerize, Mid Carrer earns 9% more than the average salary, Late Career earns 1% less than the average salary.