Retail Buyer Salary

Retail Buyers in the United States pull down an average of $52K per year. Location and career duration each impact pay for this group, with the former having the largest influence. Most Retail Buyers report high levels of job satisfaction. Some workers in this field — close to one-fifth — are not awarded benefits. Medical coverage is reported by a fair number and dental plans are enjoyed by just over a half. Men are in the minority of survey respondents, with female Retail Buyers making up 70 percent. The information for this snapshot was generated by responses to the PayScale salary survey.
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$33,151 - $90,864

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$10.07 - $21.01

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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$32K$64K$96K
Salary
$33,151 - $90,864  
   
Bonus
$0.00 - $19,233  
Profit Sharing
$1,323 - $3,529  
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).
)
$27,285 - $93,380  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 158
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$16$32$48
Hourly Rate
$10.07 - $21.01  
   
Overtime
$7.50 - $32.49  
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$32K$64K$96K
Bonus
$0.00 - $19,233  
   
Profit Sharing
$1,323 - $3,529  
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).
)
$27,285 - $93,380  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 52
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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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Retail Buyers' salary tends to stay somewhat level for those who assume higher-end positions like Buyer. Median pay for Buyers is $46K.

Buyer Job Listings

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Retail Buyers seem to require a number of specific skills. Most notably, skills in Negotiation, Merchandising, Data Analysis, and Strategic Planning are correlated to pay that is above average. Those listing Customer Service as a skill should be prepared for drastically lower pay. Inventory Management and Strategic Planning also typically command lower compensation.

Pay by Experience Level for Retail Buyer

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


Retail Buyers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Salaries for inexperienced workers average out to $50K, and those with five to 10 years' experience earn a higher median of $44K. Retail Buyers see a median salary of $52K after reaching one to two decades on the job. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; a Retail Buyer with more than 20 years of experience can earn $65K on average.

Related Job Salaries

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Experience Affects Retail Buyer Salaries

Late-Career
up arrow 35%

Experienced
up arrow 7%

Mid-Career
up arrow 2%

National Average
$48,000

Entry-Level
up arrow 10%

Skills That Affect Retail Buyer Salaries

National Average
$48,000

Negotiation
up arrow 12%


Data Analysis
up arrow 19%

Strategic Planning
up arrow 24%

Inventory Management
up arrow 25%

Customer Service
up arrow 31%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 28 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
35%
10-19 years
19%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 55%
vision benefits Vision: 38% employee benefits None: 21%
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