Equity packages for Directors of Procurement can range significantly, often from 0.2% to 1.5%, depending on the company’s size and revenue. Startups may offer higher equity to offset reduced cash compensation. For detailed information on equity structures, download our Director of Procurement Salary Guide.
DIRECTOR OF PROCUREMENT SALARY AND COMPENSATION
Gain insights into Director of Procurement salary trends. Our detailed guide provides data to help you understand the compensation landscape.
DOWNLOAD DIRECTOR OF PROCUREMENT SALARY GUIDEDirector of Procurement Salary Guide
Are you keen to discover the latest salary figures for Directors of Procurement in North America? Whether you’re looking to hire or are an aspiring procurement leader, our guide serves as an essential resource for understanding the current salary trends.
This comprehensive salary guide presents a detailed look at Director of Procurement salaries, aiding both employers and executives to align with market expectations.
The importance of staying informed:
With our guide, you’ll gain insights into the latest Director of Procurement salary data, allowing you to make well-informed decisions regarding hiring strategies or career advancement.
Our salary guide incorporates real-world data sourced from industry experts, ensuring that the figures you access are reliable and reflect the current market scenario.
Ensuring accurate salary data:
By maintaining one of North America’s largest databases of procurement professionals, we gather ongoing data on salary expectations and current compensation packages, which is frequently updated for accuracy.
Average Director of Procurement Salaries By Organization Revenue
Our detailed Salary Guide investigates the factors shaping Director of Procurement compensation:
Industry Impact: The industry a company operates heavily influences salaries. High-paying sectors include pharmaceuticals, retail, and manufacturing, which often attract top procurement talent by offering robust pay packages.
Company Revenue: A clear correlation exists between company revenue and Director of Procurement salaries, with larger revenue often leading to higher compensation.
Role Specialization: Directors with specialization in areas like supply chain optimization and strategic sourcing typically command higher salaries due to their advanced skill sets.
Compensation for procurement leads goes beyond mere salary, with equity, performance incentives, and comprehensive benefits packages forming part of total compensation. Our guide offers a thorough breakdown of how these components come together to attract elite procurement directors.
Director of Procurement Salaries By Region
For precise salary benchmarks in your area, consult the regional section of our guide that details average compensation packages by state and industry.
In our Director of Procurement Salary Guide, you will find…
- Average Director of Procurement salary by region
- Salary ranges based on years of expertise
- Salaries for Directors in startup versus established companies
- Salaries in companies with varying revenue streams: under $10M, $10-50M, $50M-100M, $100M-500M, $500M and beyond
Our comprehensive guide ensures you understand compensation trends and align your expectations with those of leading industry figures.
Unlock valuable insights into Director of Procurement salary offerings, targeting company size and industry as key determinants.
Download Director of Procurement Salary GuideFAQs
Salaries vary widely based on the industry, company size, and location. On average, a Director of Procurement in the US earns between $140,000 and $230,000 annually. For a comprehensive analysis by revenue category, from $1-10M to over $500M, refer to our salary guide.
Mid-market organizations typically offer competitive packages, with base salaries ranging from $180,000 to $260,000, often supplemented by bonuses and equity. Refer to our guide for detailed ranges based on total company revenue.
Directors with advanced skills in supply chain management may see a salary premium of 10-20%, reflecting the high demand for such strategic expertise. For more details, consult our extensive salary guide for procurement specialists.
Salary Guide, detailing compensation across pre-revenue, established growth, and mature businesses.
A compelling job description should clearly articulate the role’s strategic impact, leadership responsibilities, and growth potential. Visit our specialized job description resource page tailored for procurement leadership.
Finally, compare Director of Procurement salaries to those of Supply Chain Managers, typically seeing a 10-15% differential favoring Directors due to their broader organizational impact.
Discover key interview questions to identify exceptional procurement leadership from candidates. For a comprehensive list of interview questions specific to procurement roles, check out our interview guide.