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CIPS Salary Map Reveals UK Procurement Pay: Who Earns What?

CIPS Salary Map Reveals UK Procurement Pay

The Chartered Institute of Procurement and Supply (CIPS) has released an interactive salary map that provides an overview of the salaries earned by procurement professionals across the UK. The map highlights the average salaries for procurement jobs in different regions, as well as the salary variations based on competency. The data reveals that the Greater London and South East regions offer the highest average salaries, while Northern Ireland and Wales have the lowest.

The map also shows that the average salary for procurement professionals in the UK is £45,159, with entry-level staff earning between £20,000 and £25,000 per annum. The data suggests that salaries remain at their highest in London, while the North West has seen a 7.8% increase in salaries since 2018.

As procurement continues to be recognized as an essential aspect of every business, professionals in the field are starting to reap the benefits of higher salaries. This article will examine the CIPS Salary Map in detail, providing an overview of the findings, and analyze the implications of these findings for procurement professionals across the UK.

Key Takeaways

  • The CIPS Salary Map shows average salaries for different regions and competency levels of procurement professionals in the UK.
  • Salaries for entry-level staff range from £20,000 to £25,000 per annum, while the average salary for procurement professionals in the UK is £45,159.
  • Salaries remain highest in London, but the North West and other regions have seen salary increases since 2018.
  • Factors affecting pay include experience, qualifications, location, and industry, with salaries increasing significantly with each level of competency.

Salary Map Overview

According to the CIPS Salary Map, which lists average salaries for five competency levels, the overall average salary for procurement professionals in the UK is £45,159.

The tactical level refers to the most junior procurement roles, with entry-level staff in the UK typically earning between £20,000 and £25,000 per annum.

The operational level indicates some experience in the profession but not yet at managerial level, while the managerial level refers to roles where an individual has advanced to a higher level in their career and may have subordinates to manage.

The professional level requires significant experience in the procurement profession, while the advanced professional level is the highest qualification offered by CIPS.

The highest salaries remain in London, while the North West has experienced the most significant growth, with salaries up 7.8% on 2018.

Northern Ireland and the North East have also benefited from salary increases this year.

However, the CIPS Salary Map shows that the average salaries for procurement professionals vary across different regions in the UK.

Factors affecting pay include the level of experience, qualifications, location, and industry.

Procurement is increasingly being seen as an important aspect of every business, and professionals are starting to reap the benefits of higher salaries.

Those interested in pursuing a career in procurement can visit the official job board for CIPS, Supply Management Jobs, for more information.

Salary Levels by Competency

The competency levels for procurement roles in the UK are divided into five categories, ranging from tactical to advanced professional, with salaries increasing as individuals progress to higher levels.

At the tactical level, individuals are in entry-level positions and can expect to earn between £20,000 and £25,000 per annum.

At the operational level, individuals have some experience in the profession but are not yet at managerial level.

At the managerial level, individuals have advanced to a higher level in their career and may have subordinates to manage.

The professional level means significant experience in the procurement profession, while the advanced professional level is the highest level of qualification offered by CIPS.

Career advancement is a key driver for individuals in the procurement profession, as salaries increase significantly with each level of competency.

The industry demand for procurement professionals continues to grow, with salaries remaining at their highest in London and the North West experiencing a 7.8% increase in salaries in 2019.

As procurement is increasingly being seen as an important aspect of every business, professionals are starting to reap the benefits of higher salaries and opportunities for career progression.

For those looking to enter the profession, the CIPS Salary Map offers a valuable resource for understanding the earning potential at each level of competency.

Regional Salary Variations

Regional variations in earnings exist for procurement professionals in the United Kingdom. The CIPS Salary Map reveals that the Greater London and South East regions offer the highest average salaries, while the North East, North West, Yorkshire and the Humber regions have lower average salaries.

The average salary for procurement professionals in the UK is £45,159, but this figure varies greatly depending on location. This salary inequality can be attributed to industry demand, with areas of high demand offering higher salaries.

Despite the salary variations, the procurement profession is increasingly being seen as an important aspect of every business. Professionals in the industry are starting to reap the benefits of higher salaries, with the North West region experiencing a 7.8% increase in salaries from the previous year. Northern Ireland and the North East regions have also benefited from salary increases.

As the demand for procurement professionals continues to rise, it is likely that salaries will become more equal across regions.

Thanvir

Thanvir has 20 years of experience with some of the largest energy and financial information providers. Founder and CEO of Phycomex, where he is trusted by commodity traders, financiers, consumers, and refiners to help optimise procurement.

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