Home > Salary > Luxembourg > Procurement Specialist
A procurement specialist is responsible for managing the procurement process within an organization. They work closely with suppliers and vendors to ensure the timely and cost-effective acquisition of goods and services. Their main duties include identifying procurement needs, sourcing potential suppliers, negotiating contracts and prices, and monitoring supplier performance. They also analyze market trends and maintain knowledge of industry best practices to optimize procurement strategies. Additionally, procurement specialists collaborate with internal stakeholders to understand their requirements and provide guidance on procurement policies and procedures.
Estimated Yearly Salary: 108,356 EUR
Estimated Monthly Salary: 9,030 EUR
Estimated Weekly Salary: 2,084 EUR per week
Estimated Hourly Salary: 52 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,698 EUR
Estimated Weekly Salary: 2,007 EUR per week
Estimated Hourly Salary: 50 EUR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 107,994 USD
Estimated Monthly Salary: 9,000 USD
Estimated Weekly Salary: 2,077 USD per week
Estimated Hourly Salary: 52 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: 108,356 EUR
Estimated Monthly Salary: 9,030 EUR
Estimated Weekly Salary: 2,084 EUR per week
Estimated Hourly Salary: 52 EUR per hour
By working as Procurement Specialist a person can save up to 5,352 USD per month or 64,218 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 Luxembourg, see costs of living in Luxembourg.
Estimated Yearly Salary for Procurement Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Financial planning assistant (67,224 EUR per year, pre-tax.)
Repairer furniture (48,399 EUR per year, pre-tax.)
Range manager (121,278 EUR per year, pre-tax.)
Project engineer automotive (92,398 EUR per year, pre-tax.)
Bank examiner (118,797 EUR per year, pre-tax.)
Procurement Specialist salary in Luxembourg
Average Yearly Salary of Procurement Specialist in Luxembourg is approximately 108,356 EUR (107,994 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 Procurement Specialist do?
A procurement specialist is responsible for managing the procurement process within an organization. They work closely with suppliers and vendors to ensure the timely and cost-effective acquisition of goods and services. Their main duties include identifying procurement needs, sourcing potential suppliers, negotiating contracts and prices, and monitoring supplier performance. They also analyze market trends and maintain knowledge of industry best practices to optimize procurement strategies. Additionally, procurement specialists collaborate with internal stakeholders to understand their requirements and provide guidance on procurement policies and procedures.
Skills: procurement, supply chain management, vendor management, negotiation, purchasing, contract management
Job industry: Supply chain management
Job industry: Supply chain management
How much does Procurement Specialist make?
Salary details
How much does Procurement Specialist make?Estimated Yearly Salary: 108,356 EUR
Estimated Monthly Salary: 9,030 EUR
Estimated Weekly Salary: 2,084 EUR per week
Estimated Hourly Salary: 52 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 104,378 EUREstimated Monthly Salary: 8,698 EUR
Estimated Weekly Salary: 2,007 EUR per week
Estimated Hourly Salary: 50 EUR per hour
Last revision of data: 2024-01-08Procurement Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 107,994 USD
Estimated Monthly Salary: 9,000 USD
Estimated Weekly Salary: 2,077 USD per week
Estimated Hourly Salary: 52 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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Country:
Salary comparison to National average
Luxembourg is a small landlocked country located in Western Europe. With a population of approximately 633,000 people, it is one of the smallest countries in the European Union. Despite its size, Luxembourg boasts a highly developed economy and is known for its political stability and high standard of living.
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Procurement Specialist job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Procurement Specialist in Luxembourg earns on average:
1.31 times the average salary (or 131% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Procurement Specialist job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Procurement Specialist in Luxembourg earns on average:
1.31 times the average salary (or 131% of average salary).
Is Procurement Specialist a well paid job?
Yes, our data shows that Procurement Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Procurement Specialist?
High salary for Procurement Specialist would be somewhere between 119,192 EUR and 157,116 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Procurement Specialist in Luxembourg?
Living in Luxembourg the approximate monthly expenses are: 3,648 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: 108,356 EUR
Estimated Monthly Salary: 9,030 EUR
Estimated Weekly Salary: 2,084 EUR per week
Estimated Hourly Salary: 52 EUR per hour
By working as Procurement Specialist a person can save up to 5,352 USD per month or 64,218 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 Luxembourg, see costs of living in Luxembourg.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belgium, Germany, France. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Procurement Specialist
Belgium is 57,713 USD
Germany is 63,080 USD
France is 54,166 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 Luxembourg
(950,355 EUR per year, pre-tax.)
2. Cardiologist
(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)
Data as of 2025Random salary:
Financial planning assistant (67,224 EUR per year, pre-tax.)
Repairer furniture (48,399 EUR per year, pre-tax.)
Range manager (121,278 EUR per year, pre-tax.)
Project engineer automotive (92,398 EUR per year, pre-tax.)
Bank examiner (118,797 EUR per year, pre-tax.)
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