Salaries rise by 2 per cent, but quarter of buyers suffer pay freeze

Paul Snell is managing editor at Supply Management
5 June 2014

More than a quarter of purchasers experienced a pay freeze last year, although the average salary increase across the profession was 2 per cent.

According to the CIPS/Croner Purchasing & Supply Rewards salary survey for 2014, wages rose for those in the middle of the profession but fell at senior levels.

And purchasers are confident pay will rise by 2.5 per cent in the coming 12 months, with 51 per cent anticipating an increase of 3 per cent or more. Some 14 per cent of those in the private sector had their pay frozen, compared with almost a third, 32 per cent, in the public sector.

Middle managers saw basic salaries rise to an average of £42,000, an increase of 3.8 per cent. Junior managers saw no growth, holding at £32,000 a year. But senior managers saw a reduction of 5.7 per cent from £53,000 in 2013 to £50,000 a year. Pay for heads of function fell from £69,355 to £68,978.

CIPS members earn £2,200 more annually than non-members, and salaries in procurement remained ahead of colleagues in marketing, finance, IT and sales.

Female purchasers earned more than their male counterparts at senior and middle ranks. Women in middle management roles now earn 2.3 per cent more than men, and the difference between senior managers was 10 per cent.

While 49 per cent of buyers told the survey they had excellent job satisfaction, a third felt they had no prospect of promotion in their current organisation. But fewer purchasers are currently looking for a new job – down from a third in 2013 to a quarter this year.

The salary survey, carried out in conjunction with Croner Reward, was based on analysis of 2,458 jobs from around 830 organisations.

CIPS members can access a free summary of the findings via the CIPS website 

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