How to Make Your Next Buyer Hire

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Last updated at 09-19-2020 16:41:45

Overview

Methodology

More than 8,304 companies advertise 26,653 Buyer jobs on SimplyHired and its partner sites each year. After analyzing job postings and salary information from these companies, as well as direct job seeker feedback, we’ve compiled a list of insights to show you how to attract and hire your next Buyer most efficiently.

Hiring Process

In the past quarter, we’ve seen 6,245 job posts from 3,048 employers in the United States. This is a increase of 2.0% compared to the previous quarter. On average, there are 95 Buyer job seekers for every active Buyer job, which shows that it is a job seeker's market.

Writing a Job Description

In the past quarter, Buyer, Customer Service Representative, Purchasing Agent, Procurement Specialist, Administrative Assistant, Senior Buyer, Supply Chain Specialist, Sales Representative, Purchasing Manager, and Buyer/Planner seem to be the most sought after jobs amongst the Buyer candidates in the United States. This is pretty consistent compared to the same data in the last 6 quarters. If you use one of these currently popular titles in the job description, you'll likely be able to attract a lot more candidates to apply.

For the Buyer candidates who are actively applying to jobs in this same period, we see that 4.4% of the active Buyer candidates have less than 3 years of experience, 7.1% have between 3-5 years of experience, 19.8% have 6-10 years of experience, and 68.7% have over 10 years of experience. The average years of experience has shifted from an estimated 14.6 years to 14.0 years. If you're posting a job in today's market, expect candidates with about the same experience level to apply to your job compared to the last 2 quarters.

In the previous quarter, the most popular skills that employers are looking for include communication skills, purchasing, Microsoft Excel, Microsoft Office, negotiation, Microsoft Word, analysis skills, manufacturing, erp systems, and computer skills. Demand for contracts, sales, English, writing skills, windows, math, lean manufacturing, purchasing, computer literacy, and pricing has significantly increased. If you are looking for a Buyer with a similar skill set, be sure to follow industry best practices in skill requirements.

Job posts with salary information received about 1.3 as many applies as those without it. In the past quarter, less than 22.8% of the job posts displayed salary information. By adding salary information to your job posting, you could potentially increase the number of applicants by approximately 30.0%.

Example Buyer responsibilities

  • Find the items for sale in stores and online
  • Negotiate import and export contracts
  • Track supply and demand in the market
  • Estimate inventory levels and purchasing needs
  • Recommend new products or services to sellers

Recruiting

Active Recruiting

When reaching out to candidates, it’s best to understand where to look. We’ve identified hiring trends in states as well as companies regularly hiring for Buyer positions. This should provide a good place to start looking for qualified candidates. According to our data in the last quarter: California, Texas, Ohio, Illinois, and Michigan are the states that have the highest demand for Buyers. California, Texas, Michigan, Ohio, and Illinois are where most job seekers are searching for Buyer jobs. If we look at the Buyer to job ratio, Utah, Massachusetts, Minnesota, Montana, and Wyoming have the lowest number of Buyer applicants per job. West Virginia, Nevada, Vermont, Louisiana, and New Hampshire have the most active Buyer job seekers per job.

Passive Recruiting

While actively recruiting candidates for your role, you should also post your job to SimplyHired. By posting for free and paying only for the qualified applicants you want, your post will automatically go to a network of job boards to reach millions of qualified candidates. With SimplyHired, it doesn’t end with the post. You can track your applicants throughout the hiring process with our simple and easy to use Applicant Tracking System (ATS).

Review Candidates

In the last quarter, we estimate there are 490,006 job seekers interested in Buyer opportunities in the United States. That’s a 38.3% increase compared to the previous quarter with 428,427 active job seekers. Around 4.4% of the active Buyer candidates have less than 3 years of experience, over 7.1% have between 3-5 years of experience, 19.8% have 6-10 years of experience, and 68.7% have over 10 years of experience. The average experience level of the available Buyer candidates is 14.0 years. Active candidates in the Buyer profession most commonly have bachelor's degrees, followed by high school diplomas, associate's degrees, and master's degrees. When setting education requirements for your position, aligning with the industry standard makes it easier to find potential candidates. Application rates indicate that Buyer candidates are likely experiencing a market in which applicants have less negotiating power. From an employer perspective, you'll have a greater selection of candidates to choose from and may want to invest in automated screening tools.

Interviewing Candidates

Interview Process

*Self-reported data collected from 4,064 Buyers from 1/1/2020 to 6/30/2020, via online employer reviews for companies including Whole Foods Market, Buffalo Exchange, Plato's Closet, CarMax, Honeywell, US Foods, Once Upon a Child, Performance Food Group, Noicompriamoauto.it, and Parker Hannifin.

After analyzing post-interview data from Buyer candidates in the last 6 months, we see more than 32.7% of the candidates self-reported being hired within 1 to 2 days. Around 78.7% of the candidates for this job reported being hired within 2 weeks. If your process takes longer than 2 weeks in the recent market, you'll likely lose these candidates to other employers. Most of the Buyer candidates are expecting a on-site interview, phone call/screening, group interview, and background check. Most employers do not require a problem solving exercises, written test, or presentation. If you are trying to hire your next Buyer quickly, consider simplifying and streamlining the hiring process. As for the interview experience, more than 60.9% of the candidates had a good or great interview experience, and more than 34% of the candidates thought that the interview leaned more towards easy.

Example Interview Questions

  • How did you end up your current job?
  • What do you do when you're not at work?
  • What's your favorite thing about your job?
  • Are you a leader or a follower? Why?
  • What have you learned from past jobs of yours and how have they prepared you for this position?

Final Review and Offer

Reference Check

Checking references is a quick and easy way to check for any red flags that didn’t arise to this point in the hiring process. Great insights can be provided by former colleagues and employers.

Crafting an Offer: Salary and Benefits

The average Buyer salary offered by employers increased for 2 out of 6 consecutive quarters in the United States. In the last quarter, we see a decrease of 4% from $66,340.14 to $63,761.85 compared to the quarter before, which is on par with the past 6 quarters. For Buyer positions, the most common benefits job seekers reported being offered by employers include: healthcare insurance by 83.6%, paid time off by 77.4%, dental insurance by 76.4%, a 401k plan by 70.2%, vision insurance by 68.5%, discounts by 29.5%, and stock options/grants by 12.7%. While still relatively rare, more and more employers now offer flexibility benefits, including maternity leave, mostly remote, location variety, sabbaticals, somewhat remote, fully remote, flexible working hours, and paternity leave, to attract and retain Buyer candidates to their organization.

Background Check and Drug Test

According to self-reported job seeker feedback, 29.1% of the employers conducted a background check, and 19.5% of the employers conducted a drug test prior to the hiring of their Buyer candidates.

Onboarding

When you’re ready to hire a Buyer, SimplyHired is here to help with your next steps. Our Human Resources Information System (HRIS) provides onboarding tools and other essential HR tools. From document signing to time off tracking, our HRIS will help you seamlessly move a Buyer candidate through the hiring and onboarding process.
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