Average Wholesale Buyer Salary in Greenland for 2024

In this article, we will look at the average Wholesale Buyer salary for 2024 in Greenland 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 krone. To keep things simple, we are using the DKK currency code instead of the currency symbol kr..

How Much Does a Wholesale Buyer Make in Greenland?

A Wholesale Buyer working in Greenland will typically earn around 450,300 DKK per year, and this can range from the lowest average salary of about 210,500 DKK to the highest average salary of 714,300 DKK.

Average Annual Salary
450,300 DKK
Average Monthly Salary
37,525 DKK

Lowest Annual Salary
210,500 DKK
Lowest Monthly Salary
17,541 DKK

Highest Annual Salary
714,300 DKK
Highest Monthly Salary
59,525 DKK

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

Wholesale Buyer 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 Wholesale Buyer Salaries in Greenland

So we've looked at the average salaries a Wholesale Buyer will earn in Greenland. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Wholesale Buyer can earn between 210,500 DKK and 714,300 DKK on average in Greenland. 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 Wholesale Buyer in Greenland is 478,000 DKK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 478,000 DKK, and 50% of the population earn more than 478,000 DKK.

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 Wholesale Buyer salary in Greenland, 25% of the population are earning less than 312,400 DKK while 75% of the population earn more than 312,400 DKK.

75% of the population earn less than 631,200 DKK, and 25% of the population earn more than 631,200 DKK.

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.

Wholesale Buyer Salary by Experience Level in Greenland

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 wholesale buyer 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 Wholesale Buyer in Greenland that has less than two years of experience can expect to earn somewhere in the region of 245,300 DKK.
  • 2 - 5 Years Experience. With two to five years of experience the average Wholesale Buyer salary would increase to 339,100 DKK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Wholesale Buyer, the average salary would be 480,600 DKK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 585,900 DKK.
  • 15 - 20 Years Experience. A Wholesale Buyer with 15 to 20 years of experience can earn an average of 618,800 DKK.
  • 20+ Years Experience. For a Wholesale Buyer with more than 20 years, the expected average salary increases to 674,100 DKK.

Average Salary by Experience Chart

0-2 Years
245,300 DKK
2-5 Years +38%
339,100 DKK
5-10 Years +42%
480,600 DKK
10-15 Years +22%
585,900 DKK
15-20 Years +6%
618,800 DKK
20+ Years +9%
674,100 DKK

Wholesale Buyer Salary by Education Level in Greenland

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 Wholesale Buyer in Greenland 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 Wholesale Buyer in Greenland with a high school education can earn an average salary of 294,700 DKK.

  • Certificate or Diploma. A Wholesale Buyer in Greenland with a certificate or diploma education can earn an average salary of 442,300 DKK.

  • Bachelor's Degree. A Wholesale Buyer in Greenland with a bachelor's degree education can earn an average salary of 663,100 DKK.

Average Salary by Education Chart

High School
294,700 DKK
Certificate or Diploma +51%
442,300 DKK
Bachelor's Degree +50%
663,100 DKK

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 Greenland is around 141,000 to 424,000 DKK 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.

Wholesale Buyer 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 Greenland, a male wholesale buyer will earn an average of 485,300 DKK, while a female wholesale buyer will earn around 425,100 DKK.

This means that a male wholesale buyer earns approximately 14% more than a female wholesale buyer for performing the same job.

Average Salary by Gender Chart in Greenland

Male
485,300 DKK
Female -14%
425,100 DKK

Wholesale Buyer Average Pay Raise in Greenland

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 Wholesale Buyer in Greenland is around 6% every 31 months.

The national average pay raise across all professions and industries in Greenland 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 = ( 6 ÷ 31 ) × 12  = 2%

What this means is that a Wholesale Buyer in Greenland can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Greenland for 2024

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

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%

Wholesale Buyer Bonus and Incentive Rates in Greenland

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 Wholesale Buyer 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 Greenland earn approximately 20% more than private sector employees in the same role.

Public Sector
372,600 DKK
Private Sector -20%
309,800 DKK

Salaries for Jobs Similar to a Wholesale Buyer

In the table below, we have salary information for jobs that are similar to a Wholesale Buyer in Greenland.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 273,000 DKK
Asset Protection Associate Purchasing and Inventory 275,200 DKK
Asset Protection Specialist Purchasing and Inventory 313,700 DKK
Assistant Buyer Purchasing and Inventory 267,100 DKK
Buyer Purchasing and Inventory 424,900 DKK
Capacity Planner Purchasing and Inventory 301,600 DKK
Category Leader Purchasing and Inventory 288,700 DKK
Category Management Specialist Purchasing and Inventory 294,300 DKK
Category Manager Purchasing and Inventory 325,800 DKK
Channel Services Representative Purchasing and Inventory 301,700 DKK
Contracts Manager Purchasing and Inventory 362,200 DKK
Contracts Specialist Purchasing and Inventory 301,700 DKK
Demand Planner Purchasing and Inventory 301,600 DKK
Demand Planning Manager Purchasing and Inventory 388,100 DKK
Distribution Assistant Purchasing and Inventory 247,800 DKK
Distribution Associate Purchasing and Inventory 247,800 DKK
Distribution Manager Purchasing and Inventory 575,100 DKK
Inventory Analyst Purchasing and Inventory 288,700 DKK
Inventory Control Clerk Purchasing and Inventory 154,700 DKK
Inventory Control Manager Purchasing and Inventory 386,400 DKK
Inventory Management Associate Purchasing and Inventory 301,600 DKK
Inventory Specialist Purchasing and Inventory 294,300 DKK
Logistics Engineer Purchasing and Inventory 263,100 DKK
Master Planner Purchasing and Inventory 283,400 DKK
Material Handler Purchasing and Inventory 172,200 DKK
Material Planning Specialist Purchasing and Inventory 239,000 DKK
Merchandise Manager Purchasing and Inventory 335,100 DKK
Procurement Administrator Purchasing and Inventory 335,100 DKK
Procurement Agent Purchasing and Inventory 233,600 DKK
Procurement Analyst Purchasing and Inventory 367,900 DKK
Procurement Assistant Purchasing and Inventory 221,500 DKK
Procurement Associate Purchasing and Inventory 314,500 DKK
Procurement Clerk Purchasing and Inventory 136,100 DKK
Procurement Engineer Purchasing and Inventory 273,000 DKK
Procurement Manager Purchasing and Inventory 555,800 DKK
Procurement Officer Purchasing and Inventory 142,300 DKK
Procurement Process Analyst Purchasing and Inventory 349,300 DKK
Procurement Specialist Purchasing and Inventory 263,900 DKK
Production Planner Purchasing and Inventory 322,600 DKK
Project Buyer Purchasing and Inventory 352,000 DKK
Purchaser Purchasing and Inventory 442,200 DKK
Purchasing Agent Purchasing and Inventory 246,200 DKK
Purchasing Assistant Purchasing and Inventory 151,800 DKK
Purchasing Manager Purchasing and Inventory 573,500 DKK
Purchasing Officer Purchasing and Inventory 254,800 DKK
Purchasing Supervisor Purchasing and Inventory 404,600 DKK
Shipping and Receiving Clerk Purchasing and Inventory 146,200 DKK
Shipping Coordinator Purchasing and Inventory 282,500 DKK
Stock Clerk Purchasing and Inventory 152,100 DKK
Stock Regulator Purchasing and Inventory 167,100 DKK
Storage Manager Purchasing and Inventory 352,000 DKK
Store Keeper Purchasing and Inventory 152,100 DKK
Stores and Logistics Coordinator Purchasing and Inventory 297,000 DKK
Supply Chain Analyst Purchasing and Inventory 396,300 DKK
Supply Chain Coordinator Purchasing and Inventory 297,000 DKK
Supply Chain Development Manager Purchasing and Inventory 529,600 DKK
Supply Chain Director Purchasing and Inventory 592,600 DKK
Supply Chain Manager Purchasing and Inventory 595,300 DKK
Supply Planner Purchasing and Inventory 279,400 DKK
Warehouse Assistant Purchasing and Inventory 119,080 DKK
Warehouse Clerk Purchasing and Inventory 127,700 DKK
Warehouse Executive Purchasing and Inventory 489,500 DKK
Warehouse Lead Purchasing and Inventory 320,500 DKK
Warehouse Manager Purchasing and Inventory 535,800 DKK
Warehouse Supervisor Purchasing and Inventory 341,900 DKK

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