In addition to collecting salary data about 17 key procurement positions, the survey of 2,500 public procurement professionals provides breakdowns for key variables that may affect how much an individual earns, including entity type, education, and certifications. The 17 positions represented in this report include 11 procurement positions; 4 positions related to stores, warehouses, and assets; and 2 support positions.
Here are a few key findings:
Salaries are Rising
Agencies reported that salaries are rising. On average, between 2001 and 2022, all of the 17 surveyed positions showed a cumulative increase in salaries ranging from 19% to 78%.
59% of individual respondents reported that they hold procurement-specific certifications. Managers and directors are more likely to be certified than others. Approximately 74%-78% of director respondents said they hold certifications, compared to 56%-67% of managers, 60% of senior buyers, 41% of buyers, and 57% of contract specialists.
According to the study, certification status can increase earning potential. For example, certified purchasing managers earn approximately $86,000, while those without certification earn approximately $75,000. The report dissects this even further by listing professional certification by position.
Education Makes a Difference
Education is a significant factor in career progression. Degrees are most common for managers and directors.
As always, I'm here to offer assistance and guidance on your NIGP-CPP certification journey and hope you find these research findings to be useful.