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Procurement agent hiring summary. Here are some key points about hiring procurement agents in the United States:
Here's a step-by-step procurement agent hiring guide:
A procurement agent develops profitable measures to save the client money and ensure the quality of goods supplied. Procurement agents obtain the purchased items through suppliers, monitor them, and expedite the orders. They oversee the activities and performance of the suppliers for compliance. Their duties include the verification of item receipts, resolving shipment-related problems, and authorizing purchase payments through documentation. The necessary skills for this job include being accomplished, decisive, and strong communication skills.
First, determine the employments status of the procurement agent you need to hire. Certain procurement agent roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A procurement agent's background is also an important factor in determining whether they'll be a good fit for the position. For example, procurement agents from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list shows salaries for various types of procurement agents.
| Type of Procurement Agent | Description | Hourly rate |
|---|---|---|
| Procurement Agent | Buyers and purchasing agents buy products and services for organizations to use or resell. They evaluate suppliers, negotiate contracts, and review the quality of products. | $23-50 |
| Buyer | A buyer's duties include product sourcing and comparing resources for the best product range that would suit the specific needs of the business. Buyers must have excellent communication and negotiation skills to evaluate items that most likely benefit the customer and improve the sales of daily operations with cost-efficient products... Show more | $17-36 |
| Landman | Landmen are referred to as the public-facing side of a gas, mineral, and oil exploration and production team. They are professionals who interact and negotiate directly with landowners for the acquisition of gas and oil drilling leases... Show more | $25-61 |
Including a salary range in your procurement agent job description is one of the best ways to attract top talent. A procurement agent can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $101,351 | $49 |
| 2 | Pennsylvania | $85,537 | $41 |
| 3 | District of Columbia | $83,126 | $40 |
| 4 | Michigan | $80,879 | $39 |
| 5 | New York | $78,037 | $38 |
| 6 | Massachusetts | $77,334 | $37 |
| 7 | Virginia | $73,261 | $35 |
| 8 | Ohio | $72,491 | $35 |
| 9 | Wisconsin | $66,927 | $32 |
| 10 | Washington | $66,852 | $32 |
| 11 | Minnesota | $66,104 | $32 |
| 12 | Texas | $65,823 | $32 |
| 13 | Arizona | $64,924 | $31 |
| 14 | Illinois | $64,879 | $31 |
| 15 | North Carolina | $64,442 | $31 |
| 16 | Indiana | $62,785 | $30 |
| 17 | Kansas | $62,444 | $30 |
| 18 | Colorado | $61,538 | $30 |
| 19 | Missouri | $60,747 | $29 |
| 20 | Iowa | $57,708 | $28 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | McKinsey & Company Inc | $144,909 | $69.67 | 4 |
| 2 | The Walt Disney Company | $139,457 | $67.05 | 7 |
| 3 | Apple | $136,407 | $65.58 | 10 |
| 4 | $133,314 | $64.09 | 23 | |
| 5 | DoorDash | $132,465 | $63.69 | 10 |
| 6 | ZS | $130,160 | $62.58 | 1 |
| 7 | Microsoft | $127,029 | $61.07 | 33 |
| 8 | Point B | $125,720 | $60.44 | |
| 9 | First Republic Bank | $123,602 | $59.42 | |
| 10 | Novo Nordisk | $120,715 | $58.04 | |
| 11 | Exelixis | $115,195 | $55.38 | 3 |
| 12 | Cisco | $113,999 | $54.81 | 15 |
| 13 | RGP | $112,267 | $53.97 | |
| 14 | BNY Mellon | $110,887 | $53.31 | |
| 15 | Credit Suisse | $110,505 | $53.13 | |
| 16 | Coty | $110,417 | $53.09 | 6 |
| 17 | Adobe | $108,808 | $52.31 | 6 |
| 18 | Federal Reserve Bank | $104,681 | $50.33 | |
| 19 | KLA | $104,315 | $50.15 | 6 |
| 20 | NBCUniversal | $104,060 | $50.03 | 4 |
A job description for a procurement agent role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a procurement agent job description:
There are various strategies that you can use to find the right procurement agent for your business:
Your first interview with procurement agent candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect procurement agent candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
There are different types of costs for hiring procurement agents. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new procurement agent employee.
You can expect to pay around $72,384 per year for a procurement agent, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for procurement agents in the US typically range between $23 and $50 an hour.