HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Procurement Analyst Average Salary in Bulgaria 2024

How much money does a person working as Procurement Analyst make in Bulgaria?


Average Monthly Salary
3,860 BGN
( 46,300 BGN yearly)

LOW
2,010
BGN
AVERAGE
3,860
BGN
HIGH
5,900
BGN
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Procurement Analyst in Bulgaria typically earns around 3,860 BGN. Salaries range from 2,010 BGN (lowest) to 5,900 BGN (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Procurement Analyst salaries in Bulgaria vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Procurement Analyst Pay Scale and Salaries in Bulgaria

Median and salary distribution Bulgaria Procurement Analyst monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bulgaria/purchasing-and-inventory/procurement-analyst/median-and-salary-distribution-monthly-bulgaria-procurement-analyst.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
3,490 BGN or more
10% of people earn
3,110 to 3,490 BGN
20% of people earn
2,270 BGN or less
65% of people earn
2,270 to 3,110 BGN
Minimum Salary
2,010 BGN
Median
3,510 BGN
Maximum
5,900 BGN




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Procurement Analyst in Bulgaria range from 2,010 BGN (starting salary) to 5,900 BGN (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 3,510 BGN, half of the professionals who work as Procurement Analyst in Bulgaria earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Procurement Analyst in Bulgaria earn less than 2,910 BGN, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,980 BGN while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Procurement Analyst in Bulgaria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,270 BGN to 3,110 BGN. About 20% of salaries are below the 2,270 BGN mark, while 10% fall within the range of 3,110 BGN to 3,490 BGN. Only 5% of individuals have salaries exceeding 3,490 BGN.

Salary Comparison by Years of Experience / Procurement Analyst / Bulgaria

How do experience and age affect pay?

0 - 2 Years
2,280 BGN
2 - 5 Years+34%
3,060 BGN
5 - 10 Years+30%
3,980 BGN
10 - 15 Years+21%
4,810 BGN
15 - 20 Years+9%
5,260 BGN
20+ Years+5%
5,530 BGN
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Bulgaria Procurement Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bulgaria/purchasing-and-inventory/procurement-analyst/salary-comparison-by-years-of-experience-monthly-bulgaria-procurement-analyst.jpg

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Procurement Analyst and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 2,280 BGN.

While someone with an experience level between two and five years is expected to earn 3,060 BGN, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 3,980 BGN, 30% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,810 BGN, 21% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 5,260 BGN, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 5,530 BGN, 5% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Salary Comparison By Education / Procurement Analyst / Bulgaria

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Procurement Analyst.

High School
2,750 BGN
Certificate or Diploma+14%
3,140 BGN
Bachelor's Degree+41%
4,420 BGN
Master's Degree+21%
5,360 BGN
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Bulgaria Procurement Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bulgaria/purchasing-and-inventory/procurement-analyst/salary-comparison-by-education-level-monthly-bulgaria-procurement-analyst.jpg

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Procurement Analyst in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 2,750 BGN.


Level 2: Certificate or Diploma

At this level, the average salary becomes 3,140 BGN, 14% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 4,420 BGN, 41% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 5,360 BGN, 21% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Bulgaria costs anywhere from 16,600 BGN to 49,700 BGN and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender / Procurement Analyst / Bulgaria

Salary comparison by gender Bulgaria Procurement Analyst monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bulgaria/purchasing-and-inventory/procurement-analyst/salary-comparison-by-gender-monthly-bulgaria-procurement-analyst.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Procurement Analyst in Bulgaria, the average difference between the salary of male and female employees is 6%.

Male
3,990 BGN
Female-6%
3,760 BGN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bulgaria for all Careers

Salary comparison by gender monthly Bulgaria
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bulgaria/salary-comparison-by-gender-monthly-bulgaria.jpg


Average Annual Salary Increment Percentage / Procurement Analyst / Bulgaria

How much are annual salary increments in Bulgaria for individuals working as Procurement Analyst? How often do employees get salary raises?

Individuals working as Procurement Analyst in Bulgaria are likely to observe a salary increase of approximately 9% every 22 months. The national average annual increment for all professions combined is 7% granted to employees every 20 months.

Annual Salary Increment Rate Bulgaria Procurement Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bulgaria/purchasing-and-inventory/procurement-analyst/annual-salary-increment-rate-bulgaria-procurement-analyst.jpg


The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Bulgaria / All Professions

Annual Salary Increment Rate Bulgaria
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bulgaria/annual-salary-increment-rate-bulgaria.jpg

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Bulgaria is 4%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Procurement Analyst / Bulgaria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bulgaria Procurement Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bulgaria/purchasing-and-inventory/procurement-analyst/annual-salary-bonus-rate-bulgaria-procurement-analyst.jpg

49% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 51% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
51%
No Bonus
49%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Procurement Analyst / Bulgaria


22 BGN per hour

The average hourly wage (pay per hour) for individuals working as Procurement Analyst in Bulgaria is 22 BGN.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Procurement Analyst in Bulgaria is 12 BGN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Purchasing and Inventory-100%
Asset Management Associate2,970 BGN-23%
Asset Protection Associate2,810 BGN-27%
Asset Protection Specialist3,070 BGN-20%
Assistant Buyer2,540 BGN-34%
Buyer4,530 BGN+17%
Capacity Planner3,380 BGN-12%
Category Leader3,050 BGN-21%
Category Management Specialist3,240 BGN-16%
Category Manager3,350 BGN-13%
Channel Services Representative3,220 BGN-17%
Contracts Manager3,810 BGN-1%
Contracts Specialist2,920 BGN-24%
Demand Planner3,180 BGN-18%
Demand Planning Manager4,000 BGN+4%
Digital Procurement Manager3,410 BGN-12%
Distribution Assistant2,590 BGN-33%
Distribution Associate2,720 BGN-30%
Distribution Manager5,780 BGN+50%
E-Commerce Buyer3,180 BGN-18%
E-procurement Specialist3,800 BGN-2%
Freight and Customs Compliance Manager3,660 BGN-5%
Green Procurement Specialist3,190 BGN-17%
Inventory Analyst2,910 BGN-25%
Inventory Analytics Manager3,040 BGN-21%
Inventory Control Clerk1,640 BGN-58%
Inventory Control Manager3,880 BGN+1%
Inventory Management Associate3,170 BGN-18%
Inventory Optimization Manager3,490 BGN-10%
Inventory Specialist2,970 BGN-23%
Logistics Automation Engineer3,150 BGN-18%
Logistics Engineer2,580 BGN-33%
Master Planner2,710 BGN-30%
Material Handler1,720 BGN-55%
Material Planning Specialist2,510 BGN-35%
Merchandise Manager3,500 BGN-9%
Procurement Administrator3,420 BGN-11%
Procurement Agent2,260 BGN-41%
Procurement Analyst3,860 BGN+0%
Procurement Assistant2,220 BGN-42%
Procurement Associate3,170 BGN-18%
Procurement Clerk1,460 BGN-62%
Procurement Engineer2,910 BGN-25%
Procurement Manager6,180 BGN+60%
Procurement Officer1,370 BGN-64%
Procurement Process Analyst3,490 BGN-10%
Procurement Risk Manager3,280 BGN-15%
Procurement Specialist2,730 BGN-29%
Procurement Technology Consultant3,440 BGN-11%
Production Planner3,110 BGN-19%
Project Buyer3,860 BGN+0%
Purchaser4,540 BGN+18%
Purchasing Agent2,400 BGN-38%
Purchasing Assistant1,660 BGN-57%
Purchasing Manager6,020 BGN+56%
Purchasing Officer2,620 BGN-32%
Purchasing Supervisor4,130 BGN+7%
Shipping and Receiving Clerk1,440 BGN-63%
Shipping Coordinator2,760 BGN-28%
Stock Clerk1,600 BGN-59%
Stock Regulator1,740 BGN-55%
Storage Manager3,710 BGN-4%
Store Keeper1,510 BGN-61%
Stores and Logistics Coordinator3,060 BGN-21%
Strategic Sourcing Analyst3,900 BGN+1%
Supplier Diversity Program Manager3,880 BGN+1%
Supplier Relationship Manager4,270 BGN+11%
Supply Chain Analyst4,450 BGN+15%
Supply Chain Coordinator3,060 BGN-21%
Supply Chain Development Manager5,400 BGN+40%
Supply Chain Director6,340 BGN+64%
Supply Chain Manager6,220 BGN+61%
Supply Planner2,950 BGN-24%
Sustainability Procurement Specialist4,050 BGN+5%
Sustainable Sourcing Specialist2,930 BGN-24%
Sustainable Supply Chain Manager4,500 BGN+17%
Third Party Logistics Manager4,850 BGN+26%
Vendor Management Specialist3,920 BGN+2%
Warehouse Assistant1,170 BGN-70%
Warehouse Automation Engineer3,120 BGN-19%
Warehouse Clerk1,250 BGN-68%
Warehouse Executive5,050 BGN+31%
Warehouse Lead3,280 BGN-15%
Warehouse Manager5,050 BGN+31%
Warehouse Supervisor3,770 BGN-2%
Wholesale Buyer4,380 BGN+14%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Bulgaria is 9% on average across all career fields.

Private Sector
3,140 BGN
Public Sector+9%
3,440 BGN
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Procurement Analyst in Bulgaria?

A good and competitive compensation would range anywhere between 3,510 BGN and 3,980 BGN. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Procurement Analyst in Bulgaria ranges from 2,010 BGN to 2,910 BGN. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison Arabic

©Salary Explorer 2024