Merchandise Planning Manager Salary

An average Merchandise Planning Manager in the United States can expect to take home roughly $89K per year. Geography and career length each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to almost all, and a large number earn dental coverage. The majority of Merchandise Planning Managers claim high levels of job satisfaction. Women make up the majority of Merchandise Planning Managers (67 percent) who completed the questionnaire. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Read More
$61,327 - $113,745

Add this chart to your site: 640px    300px

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.
$61,327 - $113,745  
$700 - $16,540  
Profit Sharing
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).
$61,607 - $122,760  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 164
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »

Job Description for Merchandise Planning Manager

The merchandise planning manager is a position that is often sought after by various companies in the retail industry. Most companies are looking for applicants that have a bachelor's degree. A few employers may be willing to consider applicants with a high school diploma or associate's degree as well. Most employers will require at least four years of experience in the retail industry, although some may require as many as seven years. The merchandise planning manager needs to be familiar with the Microsoft Office suite of products, especially Excel and Word. This is usually an indoor position unless the store the manager works for is outdoors, and the position usually involves quite a bit of walking throughout different departments.


Merchandise Planning Manager Tasks

  • Meet financial objectives by deciding when to increase prices or put items on sale.
  • Track the level of inventory compared to the number of sales.
  • Make decisions about what merchandise to buy based on past sales and current market trends.
  • Monitor sales levels to identify sales opportunities and predict future sales.

Merchandise Planning Manager Job Listings

Search for more jobs:

Just a handful of professional skills are reported by Merchandise Planning Managers who took the survey. Most notably, skills in Forecasting, Strategic Planning, Inventory Management, and Financial Analysis are correlated to pay that is above average, with boosts in pay of 9 percent. At the other end of the pay range are skills like Microsoft Excel. It is not unusual for someone who knows Forecasting to be familiar with Strategic Planning as well.

Pay by Experience Level for Merchandise Planning Manager

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

Experience and pay tend to be weakly linked for Merchandise Planning Managers — those with more experience do not necessarily bring in higher earnings. Relatively untried employees who have less than five years' experience make $86K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $95K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $101K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $103K.

Merchandise Planning Manager Advice

What do you wish you knew about your job when you first started out?

Merchandise Planning Manager in Thousand Oaks:
"Hard Work Pays Off."
Rule number one: work hard. Never say things that are going to be obvious to most people who have more experience. Rookies who are eager to prove what they know usually just end up sounding dumb.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »

Experience Affects Merchandise Planning Manager Salaries

up arrow 8%

up arrow 6%


National Average

up arrow 10%

Skills That Affect Merchandise Planning Manager Salaries

Strategic Planning
up arrow 9%

Inventory Management
up arrow 8%

Financial Analysis
up arrow 5%

National Average

Microsoft Excel
up arrow 18%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.


67 %
33 %

Years of Experience

1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 88%
vision benefits Vision: 73% employee benefits None: 5%