Pay for Retail Buyers in the United States sits in the ballpark of $50K annually. Residence is the biggest factor affecting pay for this group, followed by career duration. The majority of Retail Buyers claim high levels of job satisfaction. Although a strong majority have medical coverage and the larger part have dental coverage, just under one in four claim no health benefits at all. The majority of Retail Buyers (68 percent) who took the survey are women. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$34,145 - $84,591
(Median)
$34K
$50K
$85K
MEDIAN: $49,657
10%
50%
90%

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$10.37 - $20.67
(Median)
$10
$15
$21
MEDIAN: $15.00
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
$34,145 - $84,591  
   
Bonus
$0.00 - $12,723  
Profit Sharing
$3,500  
Commission
$5,500  
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).
)
$28,243 - $82,741  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 141
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$14$28$42
Hourly Rate
$10.37 - $20.67  
   
Overtime
$14.45 - $30.79  
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$28K$56K$84K
Bonus
$0.00 - $12,723  
   
Commission
$5,500  
Profit Sharing
$3,500  
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).
)
$28,243 - $82,741  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 59
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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

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

Common Career Paths for Retail Buyer


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Many Retail Buyers move into a Buyer role, which does not lead to a big boost in pay. Buyers on average bring in a similar salary to Retail Buyers.

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 32 percent and 16 percent, respectively. Those listing Customer Service as a skill should be prepared for drastically lower pay. Data Analysis and Strategic Planning also typically command lower compensation. The majority of those who know Inventory Management also know Data Analysis.

Pay by Experience Level for Retail Buyer

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


Retail Buyers with a lot of experience do not necessarily enjoy more money. Workers in their first five years can expect to earn $42K, but people who have been around for five to 10 years earn a noticeably bigger sum of $48K. The average pay reported by folks with 10 to 20 years of experience is around $51K. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $57K.

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Experience Affects Retail Buyer Salaries

Late-Career
up arrow 24%

Experienced
up arrow 10%


National Average
$46,000


Skills That Affect Retail Buyer Salaries

Negotiation
up arrow 32%

Retail
up arrow 16%

National Average
$46,000



Purchasing
up arrow 11%

Data Analysis
up arrow 20%

Strategic Planning
up arrow 20%

Customer Service
up arrow 24%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 36 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
2%
1-4 years
33%
5-9 years
29%
10-19 years
22%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 60%
medical benefits
Vision: 46%
dental benefits
None: 22%
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