Merchandise Planner Salary

A Merchandise Planner earns an average salary of $67,064 per year. Experience has a moderate effect on pay for this job. Most people move on to other jobs if they have more than 20 years' experience in this career.

$46,631 - $94,724
$47K
$67K
$95K
MEDIAN: $67,064
10%
50%
90%

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$12.60 - $29.48
$13
$18
$29
MEDIAN: $18.00
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$34K$68K$102K
Salary
$46,631 - $94,724  
   
Bonus
$881 - $11,918  
Profit Sharing
$0.00 - $9,910  
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).
)
$44,083 - $99,710  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 358
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
$12.60 - $29.48  
   
Overtime
$27.67  
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
$881 - $11,918  
   
Profit Sharing
$0.00 - $9,910  
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).
)
$44,083 - $99,710  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 19

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United States (change)

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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

  • Decide what merchandise to buy based on past sales and market trend forecasts.
  • Suggest strategies for promotion and pricing based on current sales trends.
  • 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.

Common Career Paths for Merchandise Planner


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Merchandise Planner Job Listings

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Popular Employer Salaries for Merchandise Planner

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

National Average: $68,043

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

Related Job Salaries

Key Stats for Merchandise Planner

Gender

Female
71 %
Male
29 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 45 votes.
Less than 1 year
4%
1-4 years
44%
5-9 years
29%
10-19 years
17%
20 years or more
6%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Merchandise Planner Salaries

▲44%

▲23%

▲7%

National Average
$68,000

▼8%

Skills That Affect Merchandise Planner Salaries


▲3%


Data Analysis
▼0%

National Average
$68,000


Inventory Management
▼1%

Merchandising
▼6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 45 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
4%
1-4 years
44%
5-9 years
29%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 85%
vision benefits
Vision: 78%
dental benefits
None: 8%
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