Merchandise Planner Salary (United States)

A Merchandise Planner earns an average salary of $63,518 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.
Merchandise Planner Total Pay (?
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.
)
$44,087 - $84,955
(Median)
44K
52K
64K
75K
85K
MEDIAN: $63,517
10%
25%
50%
75%
90%
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Merchandise Planner Total Pay (?
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.
)
$10.85 - $23.88
(Median)
11
14
17
22
24
MEDIAN: $17.00
10%
25%
50%
75%
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$31K$62K$93K
Salary
$44,087 - $84,955  
   
Bonus
$955 - $14,719  
Profit Sharing
$-0.49 - $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).
)
$43,463 - $92,762  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 527
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$16$32$48
Hourly Rate
$10.85 - $23.88  
   
Overtime
$15.10 - $35.76  
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$32K$64K$96K
Bonus
$955 - $14,719  
   
Profit Sharing
$-0.49 - $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).
)
$43,463 - $92,762  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 527
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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
  • 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
Columbus
up arrow 20%
Seattle
up arrow 16%
up arrow 11%
Philadelphia
up arrow 4%
Pittsburgh
up arrow 3%
National Average
$66,000
Chicago
up arrow 1%
up arrow 5%
Milwaukee
up arrow 8%
Dallas
up arrow 9%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Merchandise Planner Salaries

National Average
$66,000

Skills That Affect Merchandise Planner Salaries

Data Analysis
up arrow 1%
Microsoft Excel
up arrow 1%
Forecasting
up arrow 1%
National Average
$66,000
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 130 votes.
Gender
Female
74%
female alumni
 
Male
26%
male alumni
Years of Experience
Less than 1 year
3%
1-4 years
43%
5-9 years
33%
10-19 years
17%
20 years or more
5%
Common Health Benefits
medical benefits Medical: 91% dental benefits Dental: 84%
vision benefits Vision: 70% employee benefits None: 7%
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