Average Entry-Level Sourcing Associate with Contract Negotiation Skills Salary

$50,662
Avg. Base Salary (USD)
10%
$41k
MEDIAN
$51k
90%
$61k

The average salary for a Sourcing Associate is $50,662 in 2025

Base Salary
$41k - $61k
Bonus
$393 - $2k
Profit Sharing
$0 - $2k
Total Pay
$41k - $62k
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What is the Pay by Experience Level for Sourcing Associates?

What Do Sourcing Associates Do?

Sourcing Associate Tasks
  • Review historical and competitive costs to identify cost savings opportunities and variances.
  • Analyze category, service, material, and vendor costs to provide key decision information.
  • Review financial goals and provide metrics to understand and report on initiatives and cost structure.
  • Ensure books and databases are up to date and accurate.
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FAQs About Sourcing Associates

What is the highest pay for Sourcing Associates?

Our data indicates that the highest pay for a Sourcing Associate is $61k / year

What is the lowest pay for Sourcing Associates?

Our data indicates that the lowest pay for a Sourcing Associate is $41k / year

How can Sourcing Associates increase their salary?

Increasing your pay as a Sourcing Associate is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Sourcing Associate that oversees more junior Sourcing Associates, this experience can increase the likelihood to earn more.