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	<title>People in Procurement - News and Comment &#187; supply management</title>
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		<title>Procurement salaries on the rise</title>
		<link>http://news.peopleinprocurement.com/2009/06/05/procurement-salaries-on-the-rise/</link>
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		<pubDate>Fri, 05 Jun 2009 09:16:07 +0000</pubDate>
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		<description><![CDATA[The salaries of US-based supply management professionals increased by almost 7% in 2008 over 2007 levels, according to Institute of Supply Management research. 
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			<content:encoded><![CDATA[<p>The salaries of <a href="http://www.procurementleaders.com/resourcecentre/archive-search/results/?cx=016811658185665578188%3A_hwehlqj8ze&amp;cof=FORID%3A11&amp;ie=UTF-8&amp;q=United+States#1274">US</a>-based <a href="http://www.procurementleaders.com/learninggroups/leadership/">supply management professionals</a> increased by almost 7% in 2008 over 2007 levels, according to Institute of Supply Management research. </p>
<p>In its annual salary survey, the US institute received more than 1,000 responses and found that the <a href="http://www.procurementleaders.com/learninggroups/benchmarking/">average salary</a> of a supply management professional in 2008 was $98,117 &#8211; although a discrepancy in gender pay was clearly seen with the average male salary coming in at $106,679 compared to the average female salary of $84,090. </p>
<p><a href="http://www.procurementleaders.com/learninggroups/leadership/">Chief procurement officers</a>, or the equivalent, earned an average of $256,560, while vice presidents earned $201,338 and directors $131,204. Managers, meanwhile, earned $93,132 and experienced supply management professionals could expect to be paid $69,780.</p>
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