Q1 2024 - Construction Procurement & Supply Chain

Our January 2024 survey of salaries and benefits for construction procurement and supply chain professionals generated 326 responses. All respondents are currently operating as Assistant Buyer, Buyer, Senior Buyer, Procurement Manager, Supply Chain Manager, Senior Procurement / Supply Chain Manager or Head of Procurement / Supply Chain within the construction, infrastructure, house building or building services sectors in the UK.

Top 10 Key Findings

• Commute, travel & flexible working 83% has overtaken Basic salary 81% as the leading factor when considering a move.
• 41% of respondents receive 0 or 1 home working days per week, up from 23% in the previous year.
• 45% of respondents receive 2 or 3 home working days per week, down from 59% in the previous year.
• 73% of respondents received a pay rise in the last 12 months, significantly up from the previous year's 66%.
• For those who received a pay rise, the average pay increase was 5.3%, down from 6.0% in the previous year.
• Buyers average basic salaries increased the most seeing a 15% rise from the previous year, followed by Procurement Managers 5%, and Senior Buyers 5%.
• 94% of Supply Chain Managers and Senior Procurement / Supply Chain Managers receive a car or car allowance benefit.
• Last year was an above average year for bonus pay outs, those respondents with a performance bonus achieved 71% of their maximum potential.
• The gap between Job security 40% and Career progression & training 34% has increased when compared to the previous year, highlighting candidates' nervousness about their company’s and the industry’s performance.
• 7% increase in candidates looking for a new job in the next 12 months compared to the previous year.