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Senior buyer hiring summary. Here are some key points about hiring senior buyers in the United States:
Here's a step-by-step senior buyer hiring guide:
The job of senior buyers, or also known as purchasing agents, is to meet the material needs of an organization. They are responsible for finding suppliers, arranging the distribution to several retail outlets, and supervising other purchasing agents. They also look for new product streams and establish procurement strategies. Senior buyers typically begin their careers as assistant buyers or junior purchasing agents. Most employers usually prefer those with college degrees in marketing, business, and economics.
First, determine the employments status of the senior buyer you need to hire. Certain senior buyer roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
Hiring the perfect senior buyer also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
This list shows salaries for various types of senior buyers.
| Type of Senior Buyer | Description | Hourly rate |
|---|---|---|
| Senior Buyer | 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. | $26-53 |
| Materials Planner | Usually working in a manufacturing setting, a materials planner's role is to manage the supply flow and inventory of materials. Their responsibilities revolve around liaising with vendors and other external agencies, processing purchase orders, monitoring the quality of supplies to ensure it is according to the standards, and coordinating with various teams to learn their needs... Show more | $21-35 |
| Purchasing Agent | A purchasing agent's general task is keeping purchase records and making sure that there won't be any discrepancies with the handling of orders. The purchasing agent should be responsible for the order processing and payment collection... Show more | $17-34 |
Including a salary range in your senior buyer job description helps attract top candidates to the position. A senior buyer salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a senior buyer in Colorado may be lower than in New York, and an entry-level senior buyer usually earns less than a senior-level senior buyer. Additionally, a senior buyer with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $97,781 | $47 |
| 2 | New Jersey | $96,656 | $46 |
| 3 | Maryland | $88,950 | $43 |
| 4 | South Carolina | $88,193 | $42 |
| 5 | Massachusetts | $85,935 | $41 |
| 6 | Pennsylvania | $85,392 | $41 |
| 7 | California | $84,647 | $41 |
| 8 | Delaware | $83,643 | $40 |
| 9 | North Carolina | $82,988 | $40 |
| 10 | Michigan | $81,608 | $39 |
| 11 | Virginia | $79,565 | $38 |
| 12 | Indiana | $75,564 | $36 |
| 13 | Alabama | $73,471 | $35 |
| 14 | Nevada | $72,939 | $35 |
| 15 | Georgia | $72,146 | $35 |
| 16 | Illinois | $71,594 | $34 |
| 17 | Washington | $69,125 | $33 |
| 18 | Texas | $69,121 | $33 |
| 19 | Maine | $68,916 | $33 |
| 20 | Arizona | $67,891 | $33 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Capgemini | $134,236 | $64.54 | 3 |
| 2 | Microsoft | $117,800 | $56.63 | 31 |
| 3 | Varian Medical Systems | $114,191 | $54.90 | |
| 4 | SMTC | $113,315 | $54.48 | |
| 5 | FUJIFILM Diosynth Biotechnologies | $112,512 | $54.09 | 2 |
| 6 | Darden Restaurants | $111,010 | $53.37 | |
| 7 | Micron Technology | $107,669 | $51.76 | |
| 8 | JCPenney | $106,786 | $51.34 | 6 |
| 9 | Lam Research | $106,760 | $51.33 | 3 |
| 10 | Palo Alto Networks | $106,309 | $51.11 | |
| 11 | Zebra Technologies | $105,779 | $50.86 | 5 |
| 12 | Skyworks Solutions | $105,016 | $50.49 | 1 |
| 13 | New Jersey Resources | $104,395 | $50.19 | 1 |
| 14 | Denbury Resources | $104,010 | $50.00 | |
| 15 | Coherent | $101,855 | $48.97 | 4 |
| 16 | Fashion Nova | $101,525 | $48.81 | 12 |
| 17 | Whirlpool | $100,315 | $48.23 | 5 |
| 18 | Yoh | $100,044 | $48.10 | |
| 19 | General Motors | $100,013 | $48.08 | 7 |
| 20 | PepsiCo | $99,983 | $48.07 | 6 |
A senior buyer job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a senior buyer job description:
To find the right senior buyer for your business, consider trying out a few different recruiting strategies:
To successfully recruit senior buyers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete 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 senior buyer 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 also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
After that, you can create an onboarding schedule for a new senior buyer. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
There are different types of costs for hiring senior buyers. 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 senior buyer employee.
Senior buyers earn a median yearly salary is $79,848 a year in the US. However, if you're looking to find senior buyers for hire on a contract or per-project basis, hourly rates typically range between $26 and $53.