Average Procurement Manager Salary in New Zealand
The average annual salary of Procurement Manager is $90,722.00
The starting salary of Procurement Manager is between $51,357.00 and $60,420.00 whereas the maximum salary range is between $148,050.00 and $170,258.00.
| Minimum Annual Pay | Maximum Annual Pay |
|---|---|
| $51,357.00 | $170,258.00 |
The average hourly pay of Procurement Manager is $30.03.
The starting hourly rate is between $20.00 and $23.69 for Procurement Manager whereas the maximum hourly wage is between $50.14 and $58.00.
| Minimum Hourly Pay | Maximum Hourly Pay |
|---|---|
| $20.00 | $58.00 |
- Currency : NZD
- Annual Salary : $90,722.00
- Hourly Pay : $30.03
- Weekly Pay : $1,615.00
- Fortnightly Salary : $3,231.00
- Monthly Salary : $7,000.00
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 56% while of female is only 44%.
Salary Distribution Based on Years of Experience
The line graph shows Procurement Manager salary in New Zealand on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Procurement Manager having experience between 1-4 years, their salary is around $73,179.02.
Once the experience reaches 5-9 years Procurement Manager salary would increase again to a total of $97,515.76, adding $24,336.74 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $116,394.41.
And finally, once the Procurement Manager gains 20 years of experience or more, their salary would reach $126,023.30.
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 Contract Negotiation which impacts the most than the rest of the skills indicated with a staggering 18% comparatively. Therefore, one’s salary would greatly depend on their skills in Contract Negotiation.
The skill least likely to affect one’s pay would be Negotiation with 3%. It can be said that 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 $75,299.00 whereas the highest earning is $127,918.00 which clearly shows the salary increases with the level of expertise.
Experienced person will earn the maximum salary of $127,918.00 at 41%. So to summerize, Early Career earns 17% less than the average salary, Mid Carrer earns 11% more than the average salary, Late Career earns 33% more than the average salary, Experienced earns 41% more than the average salary.