Merchandise Planner Salary

A Merchandise Planner earns an average salary of $65,181 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.

$46,873 - $90,620
(Median)
$47K
$65K
$91K
MEDIAN: $65,180
10%
50%
90%

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$12.64 - $29.48
(Median)
$13
$20
$29
MEDIAN: $19.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$33K$66K$99K
Salary
$46,873 - $90,620  
   
Bonus
$972 - $14,577  
Profit Sharing
$0.00 - $7,891  
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).
)
$46,519 - $97,841  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 625
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17$34$51
Hourly Rate
$12.64 - $29.48  
   
Overtime
$33.72  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$972 - $14,577  
   
Profit Sharing
$0.00 - $7,891  
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).
)
$46,519 - $97,841  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 19
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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.

Common Career Paths for Merchandise Planner


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Merchandise Planner Job Listings

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Pay by Experience Level for Merchandise Planner

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

Pay Difference by Location

National Average: $67,212

Larger city markers indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Merchandise Planner Salaries




National Average
$67,000


Skills That Affect Merchandise Planner Salaries




National Average
$67,000

Data Analysis
up arrow 1%

Microsoft Excel
up arrow 1%

Merchandising
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 90 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
4%
1-4 years
42%
5-9 years
32%
10-19 years
16%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 87%
medical benefits
Vision: 77%
dental benefits
None: 6%
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