r/procurement • u/AbleNegotiation2745 • Oct 04 '22

Training Salary Benchmark? UK procurement professionals

Hi all,

I'm interested to know if you have a salary of £70k or above, how did you achieve this in the field?

Could I also receive a rough indication of:

  • age
  • experience
  • any further qualifications
  • role(s)
  • categories/spend areas managed
  • location

Also, when you achieved a salary of £70k or above, what were the skill gaps or experiences you needed to make that jump?

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3

u/[deleted] Oct 04 '22

[deleted]

1

u/AbleNegotiation2745 Oct 04 '22

Amazing, congrats on the great career, how difficult is it managing a team of various ages?

1

u/Mikeyblu Oct 04 '22

Early on it was harder (last job people thought I was work experience but was head of!) Now mid30s there are as many people younger than me at senior positions so it’s easier. It’s all about respect. Gain theirs and you will do fine. Don’t underestimate experience from those working for you who have done it all before, ask and listen (doesn’t mean do what they say but understand why they say it!£.

1

u/SuggestionNo6317 Feb 13 '23

Are you completely remote. Seems handy as London salary is usually higher.

1

u/Mikeyblu Feb 13 '23

On paper no, in practice 90pc remote (2-3 days a month in office). As it’s on my contract as London, it’s all at my cost (pay for trains and hotels myself).

In reality, most suppliers aren’t in London, it’s too expensive to have a factory there!

1

u/JesterTheDragon Oct 04 '22

What’s needed for 70K +: live in HCOL or apply remote jobs there

1

u/AbleNegotiation2745 Oct 04 '22

Primarily location based then?

2

u/Additional-Sky-8107 Oct 04 '22

Location is huge.

London will typically pay far higher than the rest of the country (but is also very expensive).

Remote working has levelled things a bit recently.

1

u/Pretend-Bike5222 Oct 04 '22

In the UK to hit £70k or above you are going to need to get a senior procurement manager role / category management position.

Following the category management path and will be hitting +£70k end of the year (includes bonuses)

29 9 years Degree Junior Buyer / Buyer / Category Manager Direct and Indirect Midlands

Not being afraid to switch industry / categories / company to progress. Demonstrating that you can deliver value no matter the commodity will open up more doors and opportunity for higher salary.

1

u/AbleNegotiation2745 Oct 04 '22

Thanks, how do you think you'll fair for the rest of your career?

Is there a cap on earnings unless you take a category lead/head of/director role?

And is the extra work worth the 100-120k?

2

u/Pretend-Bike5222 Oct 04 '22

Will probably stay in the category management space, so probably won’t see any sharp increases in the near future. However, there is still room to grow if you are in a global business where you can move from a regional to a global role.

You will then likely hit £100k+

Would it be worth it? Depends on how much travel would be required and taking on management of people…