Salaries still rising at three times the rate of inflation_2

Purchasers continue to enjoy annual salary increases of more than three times the rate of inflation, far ahead of most professions, according to the latest salary survey carried out by Purcon Consultants.

The survey of 2,100 purchasers found that average pay stands at £34,756 and average percentage rises for all procurement professionals were 8 per cent in the year to September.

This was slightly down from 8.4 per cent in September 2000, which could signal a downward trend brought on by the attacks on the US, said Jerry Smith, director of Purcon Consultants....

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