The average salary depends on experience, location, and the size of the company. Our guide gives a detailed look at these differences.
Chief Procurement Officer Salary Guide
Our in-depth salary survey has been put together to help companies or candidates decide what the market rate is for a Chief Procurement Officer within 53 UK regions.
Chief Procurement Officer Salary GuideChief Procurement Officer Salary
Knowing how much a Chief Procurement Officer earns in the UK is important for businesses and those aiming for top procurement roles.
Our guide is carefully created to help you understand the pay for CPOs. It gives a detailed look at salary ranges across various industries and locations.
Why download the Executive Recruit CPO Salary guide?
Our salary guide is based on real information from Chief Procurement Officers in the UK through the collection of data from our large candidate database, meaning our figures are not just random numbers. This means you get the most accurate data possible.
How do we get such precise Chief Procurement Officer salary information?
By using our online registration portal, we regularly collect data from CPOs on their current pay and what they would expect from a new job.
We also gather information on bonuses and other benefits. Our guide is updated every year and tailored to give the most relevant information for the UK market.
Factors Affecting Chief Procurement Officer Salaries
Setting a fair salary for a Chief Procurement Officer depends on more than just the base pay. Some important factors include:
- Industry-Specific Salaries: How different industries affect pay.
- Geographical Variations: How a CPO’s location in the UK impacts their salary.
- Expertise and Experience: The importance of a candidate’s skills and career background.
- Market Dynamics: The effects of supply and demand on CPO pay.
- Company Size: Bigger companies usually pay more due to the bigger workload and responsibilities.
- Professional Qualifications: How having the right qualifications can increase a CPO’s salary.
- Recruitment Situations: How different hiring situations affect pay.
- Additional Benefits: The role benefits like bonuses and health insurance play in boosting pay.
- Cultural Fit: How fitting into a company’s culture can influence salary.
- Salary Expectations of Candidates: How a CPO’s expectations match up with what the market offers.
Our guide also gives a deeper look at salaries in different parts of the UK to help you better understand the pay trends.
Average Chief Procurement Officer Salary
Our guide breaks down the salary differences across various regions of the UK, highlighting how pay can vary based on location.
It also shows data based on company size, from small businesses to large organisations, to give a full picture of what Chief Procurement Officers are earning.
Download the Full UK Chief Procurement Officer Salary Guide (PDF)
Discover what UK businesses are paying their Chief Procurement Officers based on size and location. Download the Chief Procurement Officer Salary Guide Now
Chief Procurement Officer Salary GuideFAQs
Salaries for CPOs can change a lot depending on the region. For example, London usually offers higher pay due to the cost of living and demand for skilled professionals.
Aside from their basic salary, a CPO might get bonuses, stock options, health cover, retirement plans, and other perks. Our guide lists typical benefits packages.
Larger companies tend to pay more because managing procurement in bigger organisations is more complex. Our guide covers pay based on company size.
Useful qualifications include a background in procurement or supply chain management, CIPS certification, and plenty of experience in the field. Our guide explains how these qualifications affect pay.
Yes, there are differences. Interim CPOs might earn more on a daily basis but don’t get long-term benefits. Our guide compares these positions.
Experience plays a big part in setting a CPO’s salary. More experienced professionals tend to earn more. The guide provides salary ranges based on years of experience.
Changes in the economy and procurement regulations can impact salaries. Our guide looks at the latest trends and how they may affect pay.
Education, including advanced degrees or specific training in procurement, can make a big difference in a CPO’s salary. Our guide explains how education and pay are linked.
Please visit our Chief Procurement Officer Salary, London page for more information on this topic.