Procurement Manager Average Salary in Malaysia 2024
How much money does a person working as Procurement Manager make in Malaysia?
LOW
5,590
MYR AVERAGE
11,400
MYR HIGH
17,800
MYR
A person working as Procurement Manager in Malaysia typically earns around 11,400 MYR. Salaries range from 5,590 MYR (lowest) to 17,800 MYR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Procurement Manager salaries in Malaysia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Procurement Manager Pay Scale and Salaries in Malaysia
Salary Structure and Pay Scale Comparison
10,600 MYR or more
9,340 to 10,600 MYR
6,630 MYR or less
6,630 to 9,340 MYR
 5,590 MYR |
10,600 MYR |
17,800 MYR |
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 Manager in Malaysia range from 5,590 MYR (starting salary) to 17,800 MYR (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 10,600 MYR, half of the professionals who work as Procurement Manager in Malaysia 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 Manager in Malaysia earn less than 8,700 MYR, while 75% earn more. Similarly, the chart shows that 75% earn less than 12,200 MYR 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 Manager in Malaysia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 6,630 MYR to 9,340 MYR. About 20% of salaries are below the 6,630 MYR mark, while 10% fall within the range of 9,340 MYR to 10,600 MYR. Only 5% of individuals have salaries exceeding 10,600 MYR.
Salary Comparison by Years of Experience / Procurement Manager / Malaysia
How do experience and age affect pay?
| 0 - 2 Years | 6,620 MYR | |
| 2 - 5 Years | +29% | 8,510 MYR |
| 5 - 10 Years | +38% | 11,700 MYR |
| 10 - 15 Years | +24% | 14,600 MYR |
| 15 - 20 Years | +7% | 15,600 MYR |
| 20+ Years | +7% | 16,600 MYR |
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 Manager and this is what we found.
Employees with less than two years of experience earn approximately 6,620 MYR.
While someone with an experience level between two and five years is expected to earn 8,510 MYR, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 11,700 MYR, 38% 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 14,600 MYR, 24% 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 15,600 MYR, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 16,600 MYR, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Procurement Manager / Malaysia
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Procurement Manager.
| High School | 8,270 MYR | |
| Certificate or Diploma | +15% | 9,490 MYR |
| Bachelor's Degree | +35% | 12,800 MYR |
| Master's Degree | +26% | 16,100 MYR |
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 Manager in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 8,270 MYR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 9,490 MYR, 15% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 12,800 MYR, 35% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 16,100 MYR, 26% 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 Malaysia costs anywhere from 33,100 MYR to 99,200 MYR 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 Manager / Malaysia
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 Manager in Malaysia, the average difference between the salary of male and female employees is 8%.
| Male | 11,800 MYR | |
| Female | -8% | 10,900 MYR |
Salary Comparison By Gender in Malaysia for all Careers
Average Annual Salary Increment Percentage / Procurement Manager / Malaysia
How much are annual salary increments in Malaysia for individuals working as Procurement Manager? How often do employees get salary raises?
Individuals working as Procurement Manager in Malaysia are likely to observe a salary increase of approximately 12% every 20 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Malaysia / 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 Manager / Malaysia
How much and how often are bonuses being awarded?
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18% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 82% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
| Received Bonus | 82% | |
| No Bonus | 18% |
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 Manager / Malaysia
66 MYR per hourThe average hourly wage (pay per hour) for individuals working as Procurement Manager in Malaysia is 66 MYR.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 Manager in Malaysia is 32 MYR. 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 | 5,950 MYR | -48% |
| Asset Protection Associate | 5,620 MYR | -51% |
| Asset Protection Specialist | 6,130 MYR | -46% |
| Assistant Buyer | 5,280 MYR | -54% |
| Buyer | 9,090 MYR | -20% |
| Capacity Planner | 6,760 MYR | -41% |
| Category Leader | 6,020 MYR | -47% |
| Category Management Specialist | 6,380 MYR | -44% |
| Category Manager | 7,130 MYR | -37% |
| Channel Services Representative | 6,000 MYR | -47% |
| Contracts Manager | 7,550 MYR | -34% |
| Contracts Specialist | 5,820 MYR | -49% |
| Demand Planner | 6,760 MYR | -41% |
| Demand Planning Manager | 7,800 MYR | -32% |
| Digital Procurement Manager | 6,860 MYR | -40% |
| Distribution Assistant | 5,300 MYR | -54% |
| Distribution Associate | 5,550 MYR | -51% |
| Distribution Manager | 11,500 MYR |  +1% |
| E-Commerce Buyer | 6,200 MYR | -46% |
| E-procurement Specialist | 7,080 MYR | -38% |
| Freight and Customs Compliance Manager | 7,700 MYR | -32% |
| Green Procurement Specialist | 6,110 MYR | -46% |
| Inventory Analyst | 5,910 MYR | -48% |
| Inventory Analytics Manager | 6,030 MYR | -47% |
| Inventory Control Clerk | 3,250 MYR | -71% |
| Inventory Control Manager | 7,680 MYR | -33% |
| Inventory Management Associate | 6,410 MYR | -44% |
| Inventory Optimization Manager | 6,890 MYR | -40% |
| Inventory Specialist | 5,790 MYR | -49% |
| Logistics Automation Engineer | 6,760 MYR | -41% |
| Logistics Engineer | 5,200 MYR | -54% |
| Master Planner | 5,720 MYR | -50% |
| Material Handler | 3,600 MYR | -68% |
| Material Planning Specialist | 5,240 MYR | -54% |
| Merchandise Manager | 6,640 MYR | -42% |
| Procurement Administrator | 7,150 MYR | -37% |
| Procurement Agent | 4,420 MYR | -61% |
| Procurement Analyst | 7,800 MYR | -32% |
| Procurement Assistant | 4,550 MYR | -60% |
| Procurement Associate | 6,190 MYR | -46% |
| Procurement Clerk | 2,880 MYR | -75% |
| Procurement Engineer | 5,950 MYR | -48% |
| Procurement Manager | 11,400 MYR | = |
| Procurement Officer | 2,790 MYR | -76% |
| Procurement Process Analyst | 7,070 MYR | -38% |
| Procurement Risk Manager | 6,620 MYR | -42% |
| Procurement Specialist | 5,390 MYR | -53% |
| Procurement Technology Consultant | 6,930 MYR | -39% |
| Production Planner | 6,570 MYR | -42% |
| Project Buyer | 7,730 MYR | -32% |
| Purchaser | 9,360 MYR | -18% |
| Purchasing Agent | 5,150 MYR | -55% |
| Purchasing Assistant | 3,260 MYR | -71% |
| Purchasing Manager | 11,900 MYR | +4% |
| Purchasing Officer | 5,470 MYR | -52% |
| Purchasing Supervisor | 7,760 MYR | -32% |
| Shipping and Receiving Clerk | 2,870 MYR | -75% |
| Shipping Coordinator | 5,610 MYR | -51% |
| Stock Clerk | 3,090 MYR | -73% |
| Stock Regulator | 3,430 MYR | -70% |
| Storage Manager | 7,730 MYR | -32% |
| Store Keeper | 2,940 MYR | -74% |
| Stores and Logistics Coordinator | 5,920 MYR | -48% |
| Strategic Sourcing Analyst | 7,950 MYR | -30% |
| Supplier Diversity Program Manager | 7,740 MYR | -32% |
| Supplier Relationship Manager | 8,480 MYR | -26% |
| Supply Chain Analyst | 8,760 MYR | -23% |
| Supply Chain Coordinator | 6,400 MYR | -44% |
| Supply Chain Development Manager | 10,700 MYR | -6% |
| Supply Chain Director | 12,500 MYR | +10% |
| Supply Chain Manager | 12,100 MYR | +6% |
| Supply Planner | 5,720 MYR | -50% |
| Sustainability Procurement Specialist | 7,840 MYR | -31% |
| Sustainable Sourcing Specialist | 6,120 MYR | -46% |
| Sustainable Supply Chain Manager | 8,460 MYR | -26% |
| Third Party Logistics Manager | 9,120 MYR | -20% |
| Vendor Management Specialist | 8,280 MYR | -27% |
| Warehouse Assistant | 2,420 MYR | -79% |
| Warehouse Automation Engineer | 5,700 MYR | -50% |
| Warehouse Clerk | 2,450 MYR | -79% |
| Warehouse Executive | 10,400 MYR | -9% |
| Warehouse Lead | 6,870 MYR | -40% |
| Warehouse Manager | 10,100 MYR | -11% |
| Warehouse Supervisor | 7,550 MYR | -34% |
| Wholesale Buyer | 8,910 MYR | -22% |
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 Malaysia is 9% on average across all career fields.
| Private Sector | 6,340 MYR | |
| Public Sector | +9% | 6,900 MYR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Procurement Manager in Malaysia?
A good and competitive compensation would range anywhere between 10,600 MYR and 12,200 MYR. 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 Manager in Malaysia ranges from 5,590 MYR to 8,700 MYR. 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
