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Merchandise Planner Salary

A Merchandise Planner earns an average salary of $65,314 per year. Most people with this job move on to other positions after 20 years in this career. A skill in Financial Analysis is associated with high pay for this job.

$46,536 - $89,747
(Median)
$47K
$65K
$90K
MEDIAN: $65,313
10%
50%
90%

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$10.96 - $28.91
(Median)
$11
$18
$29
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$33K$66K$99K
Salary
$46,536 - $89,747  
   
Bonus
$960 - $14,486  
Profit Sharing
$0.00 - $8,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$45,908 - $97,204  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 573
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$17$34$51
Hourly Rate
$10.96 - $28.91  
   
Overtime
$15.21 - $41.88  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$960 - $14,486  
   
Profit Sharing
$0.00 - $8,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$45,908 - $97,204  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 23

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Job Description for Merchandise Planner

Merchandise planners are in charge of developing effective merchandise strategies for their company. They are responsible for creating sound financial plans that reduce company spending, and increase overall profit. They review forecasts, use past performance to make projections, make recommendations for promotional markdowns, and manage inventory to maximize profitability. Additionally, merchandise planners research market trends to increase create more attractive offerings.

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Merchandise Planner Tasks

  • Track the level of inventory compared to the number of sales, working to quickly turn around products.
  • Generate short and long term merchandising plan to meet company financial objectives.
  • Decide what merchandise to buy based on past sales and market trend forecasts.
  • Suggest strategies for promotion and pricing based on current sales trends.

Merchandise Planner Job Listings

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Popular Skills for Merchandise Planner

Pay by Experience Level for Merchandise Planner

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

Related Job Salaries

United States (change)

Experience Affects Merchandise Planner Salaries




National Average
$67,000


Skills That Affect Merchandise Planner Salaries




Microsoft Excel
up arrow 1%

Data Analysis
0%

National Average
$67,000

Merchandising
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 112 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
3%
1-4 years
40%
5-9 years
34%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 86%
vision benefits Vision: 74% employee benefits None: 6%
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