Average Purchasing Manager Salary in United States Virgin Islands for 2024

In this article, we will look at the average Purchasing Manager salary for 2024 in United States Virgin Islands 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Purchasing Manager Make in United States Virgin Islands?

A Purchasing Manager working in United States Virgin Islands will typically earn around 37,200 USD per year, and this can range from the lowest average salary of about 19,220 USD to the highest average salary of 54,700 USD.

Average Annual Salary
37,200 USD
Average Monthly Salary
3,100 USD

Lowest Annual Salary
19,220 USD
Lowest Monthly Salary
1,601 USD

Highest Annual Salary
54,700 USD
Highest Monthly Salary
4,558 USD

These are average salaries for a Purchasing Manager in United States Virgin Islands and include benefits such as housing and transport. It's also possible for a Purchasing Manager to earn more or less than the average salaries shown above.

Purchasing Manager 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 Purchasing Manager Salaries in United States Virgin Islands

So we've looked at the average salaries a Purchasing Manager will earn in United States Virgin Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Purchasing Manager can earn between 19,220 USD and 54,700 USD on average in United States Virgin Islands. 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 Purchasing Manager in United States Virgin Islands is 35,300 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 35,300 USD, and 50% of the population earn more than 35,300 USD.

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 Purchasing Manager salary in United States Virgin Islands, 25% of the population are earning less than 23,660 USD while 75% of the population earn more than 23,660 USD.

75% of the population earn less than 45,200 USD, and 25% of the population earn more than 45,200 USD.

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.

Purchasing Manager Salary by Experience Level in United States Virgin Islands

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 purchasing manager 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 Purchasing Manager in United States Virgin Islands that has less than two years of experience can expect to earn somewhere in the region of 19,380 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Purchasing Manager salary would increase to 25,720 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Purchasing Manager, the average salary would be 36,580 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 44,720 USD.
  • 15 - 20 Years Experience. A Purchasing Manager with 15 to 20 years of experience can earn an average of 49,360 USD.
  • 20+ Years Experience. For a Purchasing Manager with more than 20 years, the expected average salary increases to 53,600 USD.

Average Salary by Experience Chart

0-2 Years
19,380 USD
2-5 Years +31%
25,720 USD
5-10 Years +40%
36,580 USD
10-15 Years +20%
44,720 USD
15-20 Years +9%
49,360 USD
20+ Years +8%
53,600 USD

Purchasing Manager Salary by Education Level in United States Virgin Islands

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 Purchasing Manager in United States Virgin Islands 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 Purchasing Manager in United States Virgin Islands with a high school education can earn an average salary of 23,140 USD.

  • Certificate or Diploma. A Purchasing Manager in United States Virgin Islands with a certificate or diploma education can earn an average salary of 28,660 USD.

  • Bachelor's Degree. A Purchasing Manager in United States Virgin Islands with a bachelor's degree education can earn an average salary of 40,240 USD.

  • Master's Degree. A Purchasing Manager in United States Virgin Islands with a master's degree education can earn an average salary of 49,020 USD.

Average Salary by Education Chart

High School
23,140 USD
Certificate or Diploma +15%
28,660 USD
Bachelor's Degree +41%
40,240 USD
Master's Degree +29%
49,020 USD

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 United States Virgin Islands is around 13,500 to 40,400 USD 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.

Purchasing Manager 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 United States Virgin Islands, a male purchasing manager will earn an average of 38,680 USD, while a female purchasing manager will earn around 31,980 USD.

This means that a male purchasing manager earns approximately 21% more than a female purchasing manager for performing the same job.

Average Salary by Gender Chart in United States Virgin Islands

Male
38,680 USD
Female -21%
31,980 USD

Purchasing Manager Average Pay Raise in United States Virgin Islands

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 Purchasing Manager in United States Virgin Islands is around 6% every 31 months.

The national average pay raise across all professions and industries in United States Virgin Islands is around 5% every 28 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 = ( 6 ÷ 31 ) × 12  = 2%

What this means is that a Purchasing Manager in United States Virgin Islands can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in United States Virgin Islands for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in United States Virgin Islands.

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Purchasing Manager Bonus and Incentive Rates in United States Virgin Islands

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 Purchasing Manager is a moderate bonus based job, with 61% of employees reporting at least one bonus in the last 12 months.

39% 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 6% to 8%.

Received Bonus
61%
No Bonus
39%

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 United States Virgin Islands earn approximately 15% more than private sector employees in the same role.

Public Sector
35,340 USD
Private Sector -15%
30,800 USD

Salaries for Jobs Similar to a Purchasing Manager

In the table below, we have salary information for jobs that are similar to a Purchasing Manager in United States Virgin Islands.

Job Title Category Salary
Adjudicator Construction / Building / Installation 12,120 USD
Assembler Construction / Building / Installation 12,020 USD
Boat Builder and Shipwright Construction / Building / Installation 15,580 USD
Bricklayer Construction / Building / Installation 10,320 USD
Building Administrator Construction / Building / Installation 13,960 USD
Building Contracts Manager Construction / Building / Installation 47,400 USD
Building Inspector Construction / Building / Installation 13,700 USD
Building Monitor Construction / Building / Installation 9,980 USD
Building Sales Manager Construction / Building / Installation 41,560 USD
Cabinetmaker Construction / Building / Installation 12,760 USD
Carpenter Construction / Building / Installation 9,940 USD
Civil Engineer Construction / Building / Installation 32,020 USD
Civil Technician Construction / Building / Installation 15,880 USD
Concreter Construction / Building / Installation 9,140 USD
Construction and Building Inspector Construction / Building / Installation 13,700 USD
Construction and Maintenance Manager Construction / Building / Installation 25,220 USD
Construction Assistant Construction / Building / Installation 12,180 USD
Construction Coordinator Construction / Building / Installation 17,860 USD
Construction Estimator Construction / Building / Installation 21,100 USD
Construction Field Engineer Construction / Building / Installation 28,820 USD
Construction General Manager Construction / Building / Installation 55,020 USD
Construction Inventory Officer Construction / Building / Installation 9,740 USD
Construction Manager Construction / Building / Installation 56,100 USD
Construction Operations Manager Construction / Building / Installation 52,540 USD
Construction Project Controls Manager Construction / Building / Installation 40,140 USD
Construction Project Coordinator Construction / Building / Installation 32,960 USD
Construction Project Engineer Construction / Building / Installation 31,080 USD
Construction Project Manager Construction / Building / Installation 55,020 USD
Construction Project Manager Construction / Building / Installation 55,940 USD
Construction Project Planner Construction / Building / Installation 31,080 USD
Construction Quality Control Manager Construction / Building / Installation 38,780 USD
Construction Safety Officer Construction / Building / Installation 21,100 USD
Construction Superintendent Construction / Building / Installation 17,740 USD
Construction Supervisor Construction / Building / Installation 26,280 USD
Construction Technical Assistant Construction / Building / Installation 12,300 USD
Construction Technical Officer Construction / Building / Installation 11,360 USD
Construction Technical Writer Construction / Building / Installation 13,060 USD
Construction Technician Construction / Building / Installation 10,080 USD
Construction Worker Construction / Building / Installation 10,320 USD
Crane and Tower Operator Construction / Building / Installation 9,960 USD
Crane Operator Construction / Building / Installation 12,300 USD
Diesel Mechanic Construction / Building / Installation 9,460 USD
Draughtsman Construction / Building / Installation 10,380 USD
Drywall Installer Construction / Building / Installation 10,000 USD
Electrical Draftsman Construction / Building / Installation 12,840 USD
Electrical Engineering Supervisor Construction / Building / Installation 34,480 USD
Electrical Engineering Technician Construction / Building / Installation 13,700 USD
Electrical Supervisor Construction / Building / Installation 22,420 USD
Electrician Construction / Building / Installation 17,540 USD
Elevator Installer and Repairer Construction / Building / Installation 12,240 USD
Engineer Construction / Building / Installation 30,700 USD
Excavator Operator Construction / Building / Installation 9,980 USD
Field Inspector Construction / Building / Installation 19,640 USD
Floor Finisher Construction / Building / Installation 12,760 USD
Floor Manager Construction / Building / Installation 17,540 USD
Foreman Construction / Building / Installation 7,240 USD
Frame and Truss Detailer Construction / Building / Installation 11,300 USD
Furniture Finisher Construction / Building / Installation 9,960 USD
Gas Technician Construction / Building / Installation 9,980 USD
Handyman Construction / Building / Installation 8,560 USD
Health and Safety Coordinator Construction / Building / Installation 14,540 USD
Health and Safety Officer Construction / Building / Installation 13,560 USD
Installation Manager Construction / Building / Installation 33,520 USD
Installer Construction / Building / Installation 7,820 USD
Insulation Installer Construction / Building / Installation 11,300 USD
Labourer Construction / Building / Installation 8,780 USD
Land Surveyor Construction / Building / Installation 11,880 USD
Lift Technician Construction / Building / Installation 9,740 USD
Maintenance Foreman Construction / Building / Installation 7,820 USD
Material Tester Construction / Building / Installation 15,880 USD
Model Maker Construction / Building / Installation 15,580 USD
Order Picker Construction / Building / Installation 9,440 USD
Painter Construction / Building / Installation 9,740 USD
Pipe Layer Construction / Building / Installation 10,100 USD
Pipe Welder Construction / Building / Installation 9,360 USD
Pipefitter Construction / Building / Installation 7,240 USD
Plumber Construction / Building / Installation 8,880 USD
Property Coordinator Construction / Building / Installation 25,680 USD
Quantity Estimator Construction / Building / Installation 19,020 USD
Quantity Surveyor Construction / Building / Installation 19,480 USD
Roof Slater and Tiler Construction / Building / Installation 7,820 USD
Sheet Metal Mechanic Construction / Building / Installation 9,980 USD
Sheet Metal Worker Construction / Building / Installation 7,240 USD
Site Clerk Construction / Building / Installation 9,140 USD
Site engineer Construction / Building / Installation 26,660 USD
Site Leader Construction / Building / Installation 46,880 USD
Stock Controller Construction / Building / Installation 14,540 USD
Structural Steel Construction Worker Construction / Building / Installation 12,300 USD
Technical Draughtsman Construction / Building / Installation 12,520 USD
Tender Manager Construction / Building / Installation 41,480 USD
Tendering Manager Construction / Building / Installation 43,220 USD
Tower Crane Operator Construction / Building / Installation 9,140 USD
Wall and Floor Tiler Construction / Building / Installation 7,820 USD
Warehouse Manager Construction / Building / Installation 34,280 USD
Welder Construction / Building / Installation 9,020 USD
Welding Superintendent Construction / Building / Installation 12,520 USD

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