Retail Buyer Salary

Median pay for Retail Buyers in the United States is around $50K per year. Location and experience level each impact pay for this group, with the former having the largest influence. Female Retail Buyers are more common than men among those who completed the survey; more than half (67 percent) are women. For the most part, Retail Buyers enjoy their work and report high levels of job satisfaction. A large number report receiving medical coverage from their employers and a majority collect dental insurance. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$33,818 - $85,069
$34K
$50K
$85K
MEDIAN: $49,831
10%
50%
90%

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$10.85 - $20.08
$11
$16
$20
MEDIAN: $15.72
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$29K$58K$87K
Salary
$33,818 - $85,069  
   
Bonus
$48.48 - $12,365  
Profit Sharing
$7,000  
Commission
$9,000  
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).
)
$29,844 - $84,050  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 119
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$15$30$45
Hourly Rate
$10.85 - $20.08  
   
Overtime
$5.64 - $31.56  
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$30K$60K$90K
Bonus
$48.48 - $12,365  
   
Commission
$9,000  
Profit Sharing
$7,000  
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).
)
$29,844 - $84,050  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 43

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United States (change)

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Job Description for Retail Buyer

Retail buyers are responsible for developing and buying merchandise for their store or department. The buyer analyzes data to predict what will be popular with shoppers to ensure those items are sufficiently stocked. For clothing and fashion, retail buyers often work closely with fashion designers to stay ahead of what is (and will be) popular in the fashion industry. Retail buyers may be required to travel to attend events such as fashion shows, trade shows, and fairs. They work with other teams in the organization to meet company quotas, sales volume, and margins. Retail buyers may also supervise an assistant buyer or buyers, who help with the ordering process and responding to vendor questions, among other tasks.

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Retail Buyer Tasks

  • Identify suppliers, select merchandise and negotiate bills of sale for a business.
  • Inspect deliveries for shipping errors, improper handling, or quality issues.
  • Ensure that orders are delivered on time and at cost.
  • Resolve billing and shipping problems and provide information to suppliers.

Common Career Paths for Retail Buyer


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For Retail Buyers, career advancements do not tend to correlate with a rise in salary. On average, lower-level Retail Buyers earn similar salaries to those in higher-end positions like Buyer.

Buyer Job Listings

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Popular Skills for Retail Buyer


Retail Buyers report using a pretty varied skill set on the job. Most notably, facility with Negotiation and Retail are correlated to pay that is significantly above average, leading to increases of 74 percent and 14 percent, respectively. Those listing Data Analysis as a skill should be prepared for drastically lower pay. Customer Service and Strategic Planning also typically command lower compensation. Those proficient in Inventory Management are, more often than not, also skilled in Data Analysis.

Pay by Experience Level for Retail Buyer

Pay by Experience for a Retail Buyer has a positive trend. An entry-level Retail Buyer with less than 5 years of experience can expect to earn an average total compensation of $42,000 based on 71 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Retail Buyer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $50,000 based on 66 salaries. An experienced Retail Buyer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $51,000 based on 50 salaries. A Retail Buyer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $53,000 based on 24 salaries.

Related Job Salaries

Key Stats for Retail Buyer

Gender

Female
67 %
Male
33 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.
Less than 1 year
2%
1-4 years
30%
5-9 years
29%
10-19 years
24%
20 years or more
15%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Retail Buyer Salaries

▲13%

▲8%

▲6%

National Average
$47,000

▼10%

Skills That Affect Retail Buyer Salaries

Negotiation
▲74%

Retail
▲14%

National Average
$47,000



Purchasing
▼14%

Strategic Planning
▼21%

Customer Service
▼26%

Data Analysis
▼30%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
2%
1-4 years
30%
5-9 years
29%
10-19 years
24%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 64%
vision benefits
Vision: 53%
no benefits
None: 20%