The latest CIPS/Hays Procurement Salary Guide shows that the consistent rise in salaries seen in the profession over the last five years has continued this year. Pay for procurement jobs climbed at an impressive 5.3% on average, compared to a national average of 2.7%. 2019 saw significant pay increases for public sector procurement jobs as efforts intensify to commercialise working practices and attract skilled talent from the private sector.

Professionals with MCIPS and FCIPS qualifications continue to command higher salaries, a development recognised as an asset by increasing numbers of procurement recruitment agencies, as it shows that these people are investing in their careers by obtaining professional qualifications. The ‘gender pay gap’ in the profession narrowed but widened at the highest and lowest levels of seniority. In the mid-levels, the gap between the number of men and women receiving salary rises is now marginal, with women receiving larger salary increases than men.

The roles of Buyer and Senior Buyer were the most commonly recruited for this year, continuing a trend seen in previous years. Category Managers were the third most recruited. Regionally, as expected, professionals holding procurement jobs in London continued to command the highest salaries. The average was £58,960, a rise of 3.2%, which bucked the trend of year-on-year decreases tracked in previous reports.

Scotland and Yorkshire and the Humber saw the biggest falls in salaries during 2019. In Wales, average salaries declined for the second consecutive year. The number of procurement pros receiving salary rises was greatest in Northern Ireland, London, and the North East. The biggest regional average salary increase (7.8%) was in the North West, the ‘Northern Powerhouse,’ which continues to attract blue-chip businesses and talent from elsewhere. The highest bonuses went to practitioners in London, with an average 13.8% of salary. Beyond London, the highest bonuses were in the East of England (10.5%) with the South West seeing the largest number receiving bonuses (10% up on the previous year).

To read the full report click here

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!