Merchandise Planner Salary

A Merchandise Planner earns an average salary of $65,448 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.

$46,812 - $90,262

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$10.96 - $28.91

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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
$46,812 - $90,262  
   
Bonus
$964 - $14,613  
Profit Sharing
$0.00 - $8,054  
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).
)
$46,136 - $97,481  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 568
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
$10.96 - $28.91  
   
Overtime
$25.86 - $38.00  
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
$964 - $14,613  
   
Profit Sharing
$0.00 - $8,054  
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).
)
$46,136 - $97,481  
Country: United States | Currency: USD | Updated: 18 Jul 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.

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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

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Experience Affects Merchandise Planner Salaries




National Average
$67,000


Skills That Affect Merchandise Planner Salaries




Data Analysis
0%

Microsoft Excel
0%

National Average
$67,000

Merchandising
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 95 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
3%
1-4 years
41%
5-9 years
33%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 87%
vision benefits Vision: 76% employee benefits None: 6%
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