Executive Briefings

Procurement Salaries to Rise 10 Percent in 2017, Survey Says

Procurement professionals can expect to see pay rises averaging 10 percent in 2017, according to a salary survey.

However, contractors will get the biggest rises - 15 percent - while permanent staff can expect to get 4 percent. The 2017 Robert Walters Global Salary Survey the uncertain economic climate meant "businesses are becoming increasingly conscious of the importance of spending efficiently."

"Across all levels of seniority we have seen demand grow for high quality procurement professionals over the past year, with those with IT procurement experience being particularly highly sought after," said Sam Walters, associate director at Robert Walters.

"While confidence remains high among employers, there is still a sense that delivering cost efficiency is a high priority, driving demand for procurement specialists," he said. "As employers compete over a relatively small talent pool, we have seen salaries driven up."

Meanwhile, salaries for supply chain professionals are expected to increase by 4 percent on average, though for mid-level positions the rise will be 15 percent.

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However, contractors will get the biggest rises - 15 percent - while permanent staff can expect to get 4 percent. The 2017 Robert Walters Global Salary Survey the uncertain economic climate meant "businesses are becoming increasingly conscious of the importance of spending efficiently."

"Across all levels of seniority we have seen demand grow for high quality procurement professionals over the past year, with those with IT procurement experience being particularly highly sought after," said Sam Walters, associate director at Robert Walters.

"While confidence remains high among employers, there is still a sense that delivering cost efficiency is a high priority, driving demand for procurement specialists," he said. "As employers compete over a relatively small talent pool, we have seen salaries driven up."

Meanwhile, salaries for supply chain professionals are expected to increase by 4 percent on average, though for mid-level positions the rise will be 15 percent.

Read Full Article