Pricing Coordinator Salary
The average pay for a Pricing Coordinator is $13.35 per hour. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least. Most people move on to other jobs if they have more than 20 years' experience in this career. A skill in Microsoft Excel is associated with high pay for this job.
|Salary||$30,584 - $62,056|
|Bonus||$202.03 - $4,122|
|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).)
|$20,277 - $49,536|
|Hourly Rate||$9.14 - $17.71|
|Overtime||$12.60 - $30.36|
|Bonus||$202.03 - $4,122|
|Total Pay (||$20,277 - $49,536|
Job Description for Pricing Coordinator
The primary job responsibility of a pricing coordinator is to ensure the accuracy of prices for a business. This responsibility is usually retail in nature, though some pricing coordinators work for business-to-business firms such as manufacturers. On a day-to-day basis, the job of a pricing coordinator might involve reviewing invoices, doing data entry, correcting shelf tags in a retail storefront, or working with suppliers and clients to negotiate discount rates. Given the prevalence of point-of-sale systems and computerized inventory tracking, computer literacy is a must for a pricing coordinator; this may be as simple as being able to work with spreadsheet programs or as complex as learning custom software packages specific to the enterprise for which they work. Basic math skills are also required, as being able to spot inconsistencies and other incorrect information when re-pricing items is necessary.Read More...
The job title of pricing coordinator can actually cover a wide variety of positions, depending on the employee's position and employer. For example, some companies hire pricing coordinators at the store level, others at the regional level, and still others at the nationwide or head office level. A pricing coordinator hired at the store level would be responsible for pricing accuracy in only that store, whereas those with wider geographical responsibilities would be responsible for correspondingly larger bodies of information with respect to pricing.
The position and employer also have considerable impact on the pricing coordinator’s location, conditions, supervisor and hours. For example, if one is working in the head office of a company, they would likely work close to a standard, 40-hour work week and report directly to senior management. On the other hand, a store-level pricing coordinator in a retail establishment could work odd hours or even part-time, would likely report to the store manager, and would be subject to whatever environmental conditions exist in that store (e.g. outdoor weather conditions if the store is a garden center).
Pricing Coordinator Tasks
- Implement and maintain a pricing structure across the customer base.
- Assist in sales analysis of customer base as necessary.
- Coordinate with internal departments to audit pricing of existing products and implement pricing for new products.
- Run, compile, and distribute regular sales and pricing reports.
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Pay by Experience Level for Pricing Coordinator
Pay by Experience for a Pricing Coordinator has a positive trend. An entry-level Pricing Coordinator with less than 5 years of experience can expect to earn an average total compensation of $27,000 based on 174 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Pricing Coordinator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $30,000 based on 75 salaries. An experienced Pricing Coordinator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $32,000 based on 68 salaries. A Pricing Coordinator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $32,000 based on 29 salaries.
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