20 April 2000 | David Arminas
Purchasing salaries have risen by 4.2 per cent over the past six months to March, but directors have taken a cut in average pay, according to the latest salary survey from Purcon Consultants.
Salaries have increased by 6.7 per cent year on year, with particular improvement for middle managers.
Pay for purchasing managers, including materials, contracts and production control managers, has improved by nearly 15 per cent. Their average salary is now £50,500 a year.
In contrast, purchasing directors - including heads of purchasing, senior purchasing and group materials managers, and operations and logistics directors - saw a 6.5 per cent drop in their average salary. The only group to receive less pay, their average salary fell year on year from £77,220 a year to £72,200 a year.
The drop comes at a time when the market for strategically thinking directors is heating up. Jerry Smith, director at Purcon, said it followed a "big spike in pay", when salaries increased by 13.4 per cent between 1998 and 1999, and that the apparent discrepancy could be down to sample size.
Buyers saw the smallest increase in their average salary, with a 2.2 per cent increase making it now £20,650 a year. The average salary of senior buyers rose by 7 per cent to £28,075 a year.* Purcon conducts its pay survey every six months and the next is due in September. The March report is available from Purcon on 01494 737328.