Average Buyer Salary in Nigeria

Annual Base Salary - ₦3,488,000.00/year

The average annual salary of Buyer is ₦3,488,000.00

₦1,070,000.00
Low
₦3,488,000.00
Average
₦6,540,000.00
High

The starting salary of Buyer is between ₦909,500.00 and ₦1,070,000.00 whereas the maximum salary range is between ₦6,540,000.00 and ₦7,521,000.00.

Minimum Annual PayMaximum Annual Pay
₦909,500.00₦7,521,000.00
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  • Currency : NGN
  • Annual Salary : ₦3,488,000.00
  • Weekly Pay : ₦61,538.00
  • Fortnightly Salary : ₦123,077.00
  • Monthly Salary : ₦266,667.00

Buyer Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Buyer. 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 Buyer compared to female. Their involvement is 58% while of female is only 42%.

Salary Distribution Based on Years of Experience

The line graph shows Buyer salary in Nigeria on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Buyer having experience between 1-4 years, their salary is around ₦1,548,000.00.

Once the experience reaches 5-9 years Buyer salary would increase again to a total of ₦6,747,420.00, adding ₦5,199,420.00 from the last salary increase.

Prominent Skills Affecting Buyer Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Buyer's salary. It clearly highlights the skills needed for a post of Buyer when hired by an employer.

The most vital skill expected of Buyer is Negotiation which impacts the most than the rest of the skills indicated with a staggering 96% comparatively. Therefore, one’s salary would greatly depend on their skills in Negotiation.

The skill least likely to affect one’s pay would be Vendor Management with 20%. It can be said that Vendor 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 Buyer. 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 ₦1,569,600.00 whereas the highest earning is ₦7,185,280.00 which clearly shows the salary increases with the level of expertise.

Mid Carrer person will earn the maximum salary of ₦7,185,280.00 at 106%. So to summerize, Early Career earns 55% less than the average salary, Mid Carrer earns 106% more than the average salary.

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