Procurement Process Analyst Average Salary in Budapest 2024
How much money does a person working as Procurement Process Analyst make in Budapest?
LOW
258,000
HUF AVERAGE
562,000
HUF HIGH
893,000
HUF
A person working as Procurement Process Analyst in Budapest typically earns around 562,000 HUF. Salaries range from 258,000 HUF (lowest) to 893,000 HUF (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Procurement Process Analyst salaries in Budapest vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Procurement Process Analyst Pay Scale and Salaries in Budapest
Salary Structure and Pay Scale Comparison
533,000 HUF or more
467,000 to 533,000 HUF
321,000 HUF or less
321,000 to 467,000 HUF
 258,000 HUF |
537,000 HUF |
893,000 HUF |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Procurement Process Analyst in Budapest range from 258,000 HUF (starting salary) to 893,000 HUF (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 537,000 HUF, half of the professionals who work as Procurement Process Analyst in Budapest 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 Process Analyst in Budapest earn less than 433,000 HUF, while 75% earn more. Similarly, the chart shows that 75% earn less than 619,000 HUF 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 Process Analyst in Budapest compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 321,000 HUF to 467,000 HUF. About 20% of salaries are below the 321,000 HUF mark, while 10% fall within the range of 467,000 HUF to 533,000 HUF. Only 5% of individuals have salaries exceeding 533,000 HUF.
Salary Comparison by Years of Experience / Procurement Process Analyst / Budapest
How do experience and age affect pay?
| 0 - 2 Years | 293,000 HUF | |
| 2 - 5 Years | +34% | 392,000 HUF |
| 5 - 10 Years | +48% | 579,000 HUF |
| 10 - 15 Years | +22% | 706,000 HUF |
| 15 - 20 Years | +9% | 769,000 HUF |
| 20+ Years | +8% | 833,000 HUF |
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 Process Analyst and this is what we found.
Employees with less than two years of experience earn approximately 293,000 HUF.
While someone with an experience level between two and five years is expected to earn 392,000 HUF, 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 579,000 HUF, 48% 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 706,000 HUF, 22% 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 769,000 HUF, 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 833,000 HUF, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Procurement Process Analyst / Budapest
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Procurement Process Analyst.
| High School | 360,000 HUF | |
| Certificate or Diploma | +18% | 423,000 HUF |
| Bachelor's Degree | +45% | 614,000 HUF |
| Master's Degree | +31% | 804,000 HUF |
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 Process Analyst in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 360,000 HUF.
Level 2: Certificate or Diploma
At this level, the average salary becomes 423,000 HUF, 18% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 614,000 HUF, 45% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 804,000 HUF, 31% 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 Hungary costs anywhere from 2,470,000 HUF to 7,420,000 HUF 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 and Compensation Comparison By Gender / Procurement Process Analyst / Budapest
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 Process Analyst in Hungary, the average difference between the salary of male and female employees is 6%.
| Male | 516,000 HUF | |
| Female | -6% | 487,000 HUF |
Salary Comparison By Gender in Hungary for all Careers
Average Annual Salary Increment Percentage / Procurement Process Analyst / Budapest
How much are annual salary increments in Budapest for individuals working as Procurement Process Analyst? How often do employees get salary raises?
Individuals working as Procurement Process Analyst in Hungary are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Hungary / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 Process Analyst / Hungary
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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 Process Analyst / Budapest
3,240 HUF per hourThe average hourly wage (pay per hour) for individuals working as Procurement Process Analyst in Budapest is 3,240 HUF.This is the rate they get paid for every worked hour.
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 Process Analyst in Budapest is 1,490 HUF. 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 Title | Average Salary |
| Purchasing and Inventory |  -100% | |
| Asset Management Associate | 464,000 HUF | -17% |
| Asset Protection Associate | 433,000 HUF | -23% |
| Asset Protection Specialist | 465,000 HUF | -17% |
| Assistant Buyer | 393,000 HUF | -30% |
| Buyer | 667,000 HUF |  +19% |
| Capacity Planner | 489,000 HUF | -13% |
| Category Leader | 449,000 HUF | -20% |
| Category Management Specialist | 469,000 HUF | -16% |
| Category Manager | 525,000 HUF | -7% |
| Channel Services Representative | 463,000 HUF | -18% |
| Contracts Manager | 579,000 HUF | +3% |
| Contracts Specialist | 459,000 HUF | -18% |
| Demand Planner | 479,000 HUF | -15% |
| Demand Planning Manager | 571,000 HUF | +2% |
| Digital Procurement Manager | 564,000 HUF | +0% |
| Distribution Assistant | 413,000 HUF | -26% |
| Distribution Associate | 426,000 HUF | -24% |
| Distribution Manager | 894,000 HUF | +59% |
| E-Commerce Buyer | 454,000 HUF | -19% |
| E-procurement Specialist | 581,000 HUF | +3% |
| Freight and Customs Compliance Manager | 557,000 HUF | -1% |
| Green Procurement Specialist | 472,000 HUF | -16% |
| Inventory Analyst | 469,000 HUF | -16% |
| Inventory Analytics Manager | 446,000 HUF | -21% |
| Inventory Control Clerk | 249,000 HUF | -56% |
| Inventory Control Manager | 642,000 HUF | +14% |
| Inventory Management Associate | 455,000 HUF | -19% |
| Inventory Optimization Manager | 554,000 HUF | -1% |
| Inventory Specialist | 441,000 HUF | -21% |
| Logistics Automation Engineer | 520,000 HUF | -7% |
| Logistics Engineer | 418,000 HUF | -26% |
| Master Planner | 420,000 HUF | -25% |
| Material Handler | 280,000 HUF | -50% |
| Material Planning Specialist | 402,000 HUF | -28% |
| Merchandise Manager | 544,000 HUF | -3% |
| Procurement Administrator | 536,000 HUF | -5% |
| Procurement Agent | 341,000 HUF | -39% |
| Procurement Analyst | 553,000 HUF | -2% |
| Procurement Assistant | 346,000 HUF | -38% |
| Procurement Associate | 471,000 HUF | -16% |
| Procurement Clerk | 220,000 HUF | -61% |
| Procurement Engineer | 446,000 HUF | -21% |
| Procurement Manager | 933,000 HUF | +66% |
| Procurement Officer | 225,000 HUF | -60% |
| Procurement Process Analyst | 562,000 HUF | +0% |
| Procurement Risk Manager | 532,000 HUF | -5% |
| Procurement Specialist | 418,000 HUF | -26% |
| Procurement Technology Consultant | 549,000 HUF | -2% |
| Production Planner | 481,000 HUF | -14% |
| Project Buyer | 581,000 HUF | +3% |
| Purchaser | 705,000 HUF | +26% |
| Purchasing Agent | 372,000 HUF | -34% |
| Purchasing Assistant | 240,000 HUF | -57% |
| Purchasing Manager | 885,000 HUF | +58% |
| Purchasing Officer | 410,000 HUF | -27% |
| Purchasing Supervisor | 625,000 HUF | +11% |
| Shipping and Receiving Clerk | 232,000 HUF | -59% |
| Shipping Coordinator | 435,000 HUF | -23% |
| Stock Clerk | 249,000 HUF | -56% |
| Stock Regulator | 266,000 HUF | -53% |
| Storage Manager | 593,000 HUF | +6% |
| Store Keeper | 232,000 HUF | -59% |
| Stores and Logistics Coordinator | 466,000 HUF | -17% |
| Strategic Sourcing Analyst | 602,000 HUF | +7% |
| Supplier Diversity Program Manager | 588,000 HUF | +5% |
| Supplier Relationship Manager | 635,000 HUF | +13% |
| Supply Chain Analyst | 685,000 HUF | +22% |
| Supply Chain Coordinator | 479,000 HUF | -15% |
| Supply Chain Development Manager | 859,000 HUF | +53% |
| Supply Chain Director | 991,000 HUF | +76% |
| Supply Chain Manager | 944,000 HUF | +68% |
| Supply Planner | 461,000 HUF | -18% |
| Sustainability Procurement Specialist | 632,000 HUF | +13% |
| Sustainable Sourcing Specialist | 441,000 HUF | -21% |
| Sustainable Supply Chain Manager | 665,000 HUF | +18% |
| Third Party Logistics Manager | 734,000 HUF | +31% |
| Vendor Management Specialist | 607,000 HUF | +8% |
| Warehouse Assistant | 185,000 HUF | -67% |
| Warehouse Automation Engineer | 476,000 HUF | -15% |
| Warehouse Clerk | 194,000 HUF | -65% |
| Warehouse Executive | 784,000 HUF | +40% |
| Warehouse Lead | 514,000 HUF | -8% |
| Warehouse Manager | 826,000 HUF | +47% |
| Warehouse Supervisor | 568,000 HUF | +1% |
| Wholesale Buyer | 692,000 HUF | +23% |
Salary Comparison By City
| City | Average Salary |
| Budapest | 562,000 HUF |
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 Hungary is 9% on average across all career fields.
| Private Sector | 476,000 HUF | |
| Public Sector | +9% | 518,000 HUF |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Procurement Process Analyst in Budapest?
A good and competitive compensation would range anywhere between 537,000 HUF and 619,000 HUF. 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 Process Analyst in Budapest ranges from 258,000 HUF to 433,000 HUF. 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
