Procurement Manager Salary in United Kingdom

Manage procurement processes and supplier relationships. Procurement Manager roles in United Kingdom provides exciting professional possibilities in United Kingdom. The role combines expertise with innovation, offering competitive compensation packages. Candidates can expect supportive conditions for career development and skill enhancement.

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Annual Salary – 2024

High accuracy
High confidence based on numerous validated salary submissions
Β· 50 salary reports Β· Upd: 20 Nov 2024
Average Salary $76,500

Junior Level

$45,900 - $61,200

Experience: 0-2 years

Middle Level

$61,200 - $91,800

Experience: 3-5 years

Senior Level

$91,800 - $137,700

Experience: 6+ years

Hourly Rate

$31.26 - $42.30 per hour

Based on 40-hour work week, rates may vary by region and company


Healthcare

Comprehensive medical, dental and vision insurance coverage for you and your family

Approx. $5,355 per year


Annual Bonus

Additional annual compensation based on individual and company performance

$3,825 - $11,475


Equity Bonus

Company equity compensation based on local market standards and company policy

Up to $7,650

Education Requirements

Bachelor's in Supply Chain Management or related field

Professional Certifications

CPSM CPM

Training

Continuous learning and development opportunities available

Required Skills

Core Skills

Procurement Supplier Management Cost Analysis

Trending Skills

Digital Procurement Sustainable Sourcing

Emerging Skills

Blockchain Procurement AI Sourcing

Specifics

Work Environment

Remote procurement operations

Tools

Procurement software ERP systems

Collaboration

Supply chain coordination

Time Zones

Supplier-aligned schedule

Benefits

Common Benefits

Health Insurance
Paid Time Off
Remote Work Options
Professional Development
Mental Health Support
Flexible Hours
Home Office Allowance

Additional Benefits

Stock Options
Performance Bonuses
Health and Wellness Programs
Home Office Setup
Internet Allowance
Coworking Space Access
Learning & Development Budget
Conference Attendance

Similar Positions

Strategic Sourcing Manager Category Manager Vendor Manager Supply Chain Manager Global Procurement Manager

Frequently Asked Questions

What is the average Procurement Manager salary in United Kingdom?

The average salary for a Procurement Manager in United Kingdom is $76,500 per year. Entry-level positions (Junior Level) start at $45,900 - $61,200, while experienced professionals (Senior Level) can earn up to $91,800 - $137,700.

What skills are required for a Procurement Manager role?

Core skills include Procurement, Supplier Management, Cost Analysis. Trending skills are Digital Procurement, Sustainable Sourcing, while emerging skills focus on Blockchain Procurement, AI Sourcing.

What is the job market outlook for Procurement Managers?

The job market shows high demand with 15% annual growth. Remote work opportunities are increasing, with high availability across various job platforms. Key industries include Technology, Finance, Healthcare, E-commerce, EdTech, FinTech, Cybersecurity, Clean Tech.

What benefits are typically offered to Procurement Managers in United Kingdom?

Common benefits include Health Insurance, Paid Time Off, Remote Work Options, Professional Development. Additional benefits may include Stock Options, Performance Bonuses, Health and Wellness Programs, Home Office Setup.

What roles are similar to Procurement Manager?

Similar positions to Procurement Manager include Strategic Sourcing Manager, Category Manager, Vendor Manager, Supply Chain Manager. These roles share many of the same responsibilities and required skills, though their focus areas may vary slightly by organization.

What is the hourly rate for Procurement Managers in United Kingdom?

Based on a standard 40-hour work week, Procurement Managers in United Kingdom typically earn between $31.26 and $42.30 per hour per hour. Rates may vary depending on location, experience level, and specific employer.

What are the core and trending skills for Procurement Managers?

Core skills essential for Procurement Managers include Procurement, Supplier Management, Cost Analysis. The most in-demand trending skills currently are Digital Procurement, Sustainable Sourcing. Professionals looking to stay competitive should also keep an eye on emerging skills like Blockchain Procurement, AI Sourcing.

About Salary Data

Our salary data is compiled from trusted sources including:

Additional market insights from:

Note: Salary ranges are approximate and may vary based on location, experience, skills, and other factors. Data is regularly updated to reflect current market conditions.

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