Average Procurement Specialist Salary in Antigua and Barbuda for 2024

In this article, we will look at the average Procurement Specialist salary for 2024 in Antigua and Barbuda and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Eastern Caribbean dollar. To keep things simple, we are using the XCD currency code instead of the currency symbol $.

How Much Does a Procurement Specialist Make in Antigua and Barbuda?

A Procurement Specialist working in Antigua and Barbuda will typically earn around 45,620 XCD per year, and this can range from the lowest average salary of about 21,400 XCD to the highest average salary of 72,700 XCD.

Average Annual Salary
45,620 XCD
Average Monthly Salary
3,801 XCD

Lowest Annual Salary
21,400 XCD
Lowest Monthly Salary
1,783 XCD

Highest Annual Salary
72,700 XCD
Highest Monthly Salary
6,058 XCD

These are average salaries for a Procurement Specialist in Antigua and Barbuda and include benefits such as housing and transport. It's also possible for a Procurement Specialist to earn more or less than the average salaries shown above.

Procurement Specialist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Procurement Specialist Salaries in Antigua and Barbuda

So we've looked at the average salaries a Procurement Specialist will earn in Antigua and Barbuda. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Procurement Specialist can earn between 21,400 XCD and 72,700 XCD on average in Antigua and Barbuda. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Procurement Specialist in Antigua and Barbuda is 49,820 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 49,820 XCD, and 50% of the population earn more than 49,820 XCD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Procurement Specialist salary in Antigua and Barbuda, 25% of the population are earning less than 31,180 XCD while 75% of the population earn more than 31,180 XCD.

75% of the population earn less than 66,480 XCD, and 25% of the population earn more than 66,480 XCD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Procurement Specialist Salary by Experience Level in Antigua and Barbuda

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average procurement specialist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Procurement Specialist in Antigua and Barbuda that has less than two years of experience can expect to earn somewhere in the region of 23,480 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Procurement Specialist salary would increase to 33,120 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Procurement Specialist, the average salary would be 45,260 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 59,380 XCD.
  • 15 - 20 Years Experience. A Procurement Specialist with 15 to 20 years of experience can earn an average of 64,040 XCD.
  • 20+ Years Experience. For a Procurement Specialist with more than 20 years, the expected average salary increases to 67,300 XCD.

Average Salary by Experience Chart

0-2 Years
23,480 XCD
2-5 Years +33%
33,120 XCD
5-10 Years +48%
45,260 XCD
10-15 Years +22%
59,380 XCD
15-20 Years +9%
64,040 XCD
20+ Years +8%
67,300 XCD

Procurement Specialist Salary by Education Level in Antigua and Barbuda

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Procurement Specialist in Antigua and Barbuda based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Procurement Specialist in Antigua and Barbuda with a high school education can earn an average salary of 27,480 XCD.

  • Certificate or Diploma. A Procurement Specialist in Antigua and Barbuda with a certificate or diploma education can earn an average salary of 35,340 XCD.

  • Bachelor's Degree. A Procurement Specialist in Antigua and Barbuda with a bachelor's degree education can earn an average salary of 50,020 XCD.

  • Master's Degree. A Procurement Specialist in Antigua and Barbuda with a master's degree education can earn an average salary of 64,200 XCD.

Average Salary by Education Chart

High School
27,480 XCD
Certificate or Diploma +18%
35,340 XCD
Bachelor's Degree +45%
50,020 XCD
Master's Degree +31%
64,200 XCD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Antigua and Barbuda is around 22,600 to 67,700 XCD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Procurement Specialist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Antigua and Barbuda, a male procurement specialist will earn an average of 50,080 XCD, while a female procurement specialist will earn around 40,640 XCD.

This means that a male procurement specialist earns approximately 23% more than a female procurement specialist for performing the same job.

Average Salary by Gender Chart in Antigua and Barbuda

Male
50,080 XCD
Female -23%
40,640 XCD

Procurement Specialist Average Pay Raise in Antigua and Barbuda

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Procurement Specialist in Antigua and Barbuda is around 5% every 30 months.

The national average pay raise across all professions and industries in Antigua and Barbuda is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 5 ÷ 30 ) × 12  = 2%

What this means is that a Procurement Specialist in Antigua and Barbuda can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Antigua and Barbuda for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Antigua and Barbuda.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Procurement Specialist Bonus and Incentive Rates in Antigua and Barbuda

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Procurement Specialist is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.

Received Bonus
41%
No Bonus
59%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Antigua and Barbuda earn approximately 20% more than private sector employees in the same role.

Public Sector
58,720 XCD
Private Sector -20%
48,740 XCD

Salaries for Jobs Similar to a Procurement Specialist

In the table below, we have salary information for jobs that are similar to a Procurement Specialist in Antigua and Barbuda.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 51,100 XCD
Asset Protection Associate Purchasing and Inventory 45,260 XCD
Asset Protection Specialist Purchasing and Inventory 49,200 XCD
Assistant Buyer Purchasing and Inventory 46,980 XCD
Buyer Purchasing and Inventory 80,180 XCD
Capacity Planner Purchasing and Inventory 55,820 XCD
Category Leader Purchasing and Inventory 50,340 XCD
Category Management Specialist Purchasing and Inventory 53,860 XCD
Category Manager Purchasing and Inventory 55,840 XCD
Channel Services Representative Purchasing and Inventory 49,020 XCD
Contracts Manager Purchasing and Inventory 61,400 XCD
Contracts Specialist Purchasing and Inventory 48,740 XCD
Demand Planner Purchasing and Inventory 51,800 XCD
Demand Planning Manager Purchasing and Inventory 67,900 XCD
Distribution Assistant Purchasing and Inventory 41,480 XCD
Distribution Associate Purchasing and Inventory 45,560 XCD
Distribution Manager Purchasing and Inventory 91,840 XCD
Inventory Analyst Purchasing and Inventory 48,760 XCD
Inventory Control Clerk Purchasing and Inventory 24,200 XCD
Inventory Control Manager Purchasing and Inventory 65,800 XCD
Inventory Management Associate Purchasing and Inventory 52,380 XCD
Inventory Specialist Purchasing and Inventory 51,080 XCD
Logistics Engineer Purchasing and Inventory 47,760 XCD
Master Planner Purchasing and Inventory 48,140 XCD
Material Handler Purchasing and Inventory 30,220 XCD
Material Planning Specialist Purchasing and Inventory 43,080 XCD
Merchandise Manager Purchasing and Inventory 57,620 XCD
Procurement Administrator Purchasing and Inventory 58,800 XCD
Procurement Agent Purchasing and Inventory 40,420 XCD
Procurement Analyst Purchasing and Inventory 63,480 XCD
Procurement Assistant Purchasing and Inventory 39,160 XCD
Procurement Associate Purchasing and Inventory 54,140 XCD
Procurement Clerk Purchasing and Inventory 23,480 XCD
Procurement Engineer Purchasing and Inventory 47,720 XCD
Procurement Manager Purchasing and Inventory 99,340 XCD
Procurement Officer Purchasing and Inventory 23,480 XCD
Procurement Process Analyst Purchasing and Inventory 58,280 XCD
Production Planner Purchasing and Inventory 52,300 XCD
Project Buyer Purchasing and Inventory 67,560 XCD
Purchaser Purchasing and Inventory 73,260 XCD
Purchasing Agent Purchasing and Inventory 44,140 XCD
Purchasing Assistant Purchasing and Inventory 26,780 XCD
Purchasing Manager Purchasing and Inventory 99,460 XCD
Purchasing Officer Purchasing and Inventory 47,120 XCD
Purchasing Supervisor Purchasing and Inventory 67,800 XCD
Shipping and Receiving Clerk Purchasing and Inventory 23,500 XCD
Shipping Coordinator Purchasing and Inventory 46,040 XCD
Stock Clerk Purchasing and Inventory 27,620 XCD
Stock Regulator Purchasing and Inventory 30,840 XCD
Storage Manager Purchasing and Inventory 62,860 XCD
Store Keeper Purchasing and Inventory 27,380 XCD
Stores and Logistics Coordinator Purchasing and Inventory 52,300 XCD
Supply Chain Analyst Purchasing and Inventory 73,040 XCD
Supply Chain Coordinator Purchasing and Inventory 55,220 XCD
Supply Chain Development Manager Purchasing and Inventory 91,580 XCD
Supply Chain Director Purchasing and Inventory 104,620 XCD
Supply Chain Manager Purchasing and Inventory 105,080 XCD
Supply Planner Purchasing and Inventory 50,660 XCD
Warehouse Assistant Purchasing and Inventory 21,020 XCD
Warehouse Clerk Purchasing and Inventory 21,560 XCD
Warehouse Executive Purchasing and Inventory 80,800 XCD
Warehouse Lead Purchasing and Inventory 59,000 XCD
Warehouse Manager Purchasing and Inventory 83,300 XCD
Warehouse Supervisor Purchasing and Inventory 66,020 XCD
Wholesale Buyer Purchasing and Inventory 73,820 XCD

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