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A Chief Procurement Officer (CPO) is a senior executive responsible for overseeing an organization's procurement processes. Their primary role is to develop and implement strategies to optimize the procurement function, ensuring the acquisition of goods and services at the best possible value and quality. The CPO collaborates with various stakeholders to establish procurement policies, identify cost-saving opportunities, and manage supplier relationships. They lead a team of procurement professionals, providing guidance and support in negotiating contracts, evaluating vendors, and monitoring procurement performance. Additionally, CPOs stay updated on market trends, technological advancements, and regulatory changes to make informed decisions and drive continuous improvement in the procurement process.
Estimated Yearly Salary: 25,478,621 HUF
Estimated Monthly Salary: 2,123,218 HUF
Estimated Weekly Salary: 489,973 HUF per week
Estimated Hourly Salary: 12,249 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,050,167 HUF
Estimated Weekly Salary: 473,115 HUF per week
Estimated Hourly Salary: 11,828 HUF per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 66,236 USD
Estimated Monthly Salary: 5,520 USD
Estimated Weekly Salary: 1,274 USD per week
Estimated Hourly Salary: 32 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 25,478,621 HUF
Estimated Monthly Salary: 2,123,218 HUF
Estimated Weekly Salary: 489,973 HUF per week
Estimated Hourly Salary: 12,249 HUF per hour
By working as Chief Procurement Officer a person can save up to 4,759 USD per month or 57,111 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Hungary, see costs of living in Hungary.
Estimated Yearly Salary for Chief Procurement Officer
Last revision of data: 2025-01-04
Data as of 2025
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Chief Procurement Officer salary in Hungary
Average Yearly Salary of Chief Procurement Officer in Hungary is approximately 25,478,621 HUF (66,236 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Chief Procurement Officer do?
A Chief Procurement Officer (CPO) is a senior executive responsible for overseeing an organization's procurement processes. Their primary role is to develop and implement strategies to optimize the procurement function, ensuring the acquisition of goods and services at the best possible value and quality. The CPO collaborates with various stakeholders to establish procurement policies, identify cost-saving opportunities, and manage supplier relationships. They lead a team of procurement professionals, providing guidance and support in negotiating contracts, evaluating vendors, and monitoring procurement performance. Additionally, CPOs stay updated on market trends, technological advancements, and regulatory changes to make informed decisions and drive continuous improvement in the procurement process.
Skills: Chief Procurement Officer, CPO, Procurement Strategy, Supplier Management, Cost Optimization, Contract Negotiation, Procurement Performance
Job industry: Supply chain management
Job industry: Supply chain management
How much does Chief Procurement Officer make?
Salary details
How much does Chief Procurement Officer make?Estimated Yearly Salary: 25,478,621 HUF
Estimated Monthly Salary: 2,123,218 HUF
Estimated Weekly Salary: 489,973 HUF per week
Estimated Hourly Salary: 12,249 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 24,602,005 HUFEstimated Monthly Salary: 2,050,167 HUF
Estimated Weekly Salary: 473,115 HUF per week
Estimated Hourly Salary: 11,828 HUF per hour
Last revision of data: 2024-01-07Chief Procurement Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 66,236 USD
Estimated Monthly Salary: 5,520 USD
Estimated Weekly Salary: 1,274 USD per week
Estimated Hourly Salary: 32 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Hungary, a landlocked country located in Central Europe, is known for its rich history, vibrant culture, and stunning architecture. With a population of approximately 9.8 million people, Hungary covers an area of around 93,030 square kilometers. The country's capital and largest city is Budapest, which is divided by the Danube River.
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Chief Procurement Officer job salary compared to average salary in Hungary.
Comparison shows that a person working as Chief Procurement Officer in Hungary earns on average:
3.82 times the average salary (or 382% of average salary).
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Chief Procurement Officer job salary compared to average salary in Hungary.
Comparison shows that a person working as Chief Procurement Officer in Hungary earns on average:
3.82 times the average salary (or 382% of average salary).
Is Chief Procurement Officer a well paid job?
Yes, our data show that Chief Procurement Officer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Chief Procurement Officer?
High salary for Chief Procurement Officer would be somewhere between 28,026,483 HUF and 36,944,000 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Chief Procurement Officer in Hungary?
Living in Hungary the approximate monthly expenses are: 760 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 25,478,621 HUF
Estimated Monthly Salary: 2,123,218 HUF
Estimated Weekly Salary: 489,973 HUF per week
Estimated Hourly Salary: 12,249 HUF per hour
By working as Chief Procurement Officer a person can save up to 4,759 USD per month or 57,111 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Hungary, see costs of living in Hungary.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Chief Procurement Officer
Austria is 196,492 USD
Slovakia is 77,044 USD
Ukraine is 14,913 USD
Romania is 54,762 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Hungary
(75,982,184 HUF per year, pre-tax.)
2. Cardiologist
(63,094,968 HUF per year, pre-tax.)
(61,159,464 HUF per year, pre-tax.)
4. Neurosurgeon
(59,259,876 HUF per year, pre-tax.)
(58,979,325 HUF per year, pre-tax.)
(57,963,983 HUF per year, pre-tax.)
(57,939,678 HUF per year, pre-tax.)
(57,895,696 HUF per year, pre-tax.)
9. Oncologist
(57,879,147 HUF per year, pre-tax.)
10. Urologist
(57,676,463 HUF per year, pre-tax.)
Data as of 2025Random salary:
Production assistant (4,364,668 HUF per year, pre-tax.)
Gardener (3,244,524 HUF per year, pre-tax.)
Avionics electrical technician (aet) (6,016,768 HUF per year, pre-tax.)
Training manager it (12,221,530 HUF per year, pre-tax.)
Physician doctor neurologist (24,244,256 HUF per year, pre-tax.)
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