Retail Buyer Salary

Average Retail Buyers in the United States make around $51K annually. Cash earnings for Retail Buyers — including $19K in bonuses and $9K in profit sharing proceeds near the top of the pay scale — generally stretch from $27K to $91K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by career length. Most Retail Buyers report high levels of job satisfaction. The majority of Retail Buyers (69 percent) who took the survey are women. Not all workers are lucky enough to have benefits; in fact, around one in four are without coverage. Medical insurance is claimed by a strong majority and dental insurance is reported by more than half. Participants in PayScale's salary questionnaire provided the particulars of this report.
Read More
$32,020 - $89,447
(Median)
$32K
$51K
$89K
MEDIAN: $51,140
10%
50%
90%

Add this chart to your site: 640px    300px

$10.15 - $20.49
(Median)
$10
$15
$20
MEDIAN: $14.00
10%
50%
90%

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.
)
$0$31K$62K$93K
Salary
$32,020 - $89,447  
   
Bonus
$0.00 - $18,864  
Profit Sharing
$251.68 - $8,940  
Commission
$3,000  
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).
)
$27,116 - $91,396  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 204
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
$10.15 - $20.49  
   
Overtime
$5.43 - $32.00  
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 - $18,864  
   
Commission
$3,000  
Profit Sharing
$251.68 - $8,940  
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).
)
$27,116 - $91,396  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 66
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


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

Search for more jobs:

Pay by Experience Level for Retail Buyer

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


Retail Buyers do not generally earn higher incomes from more experience in the field. Relatively untried employees who have less than five years' experience have a median salary of $42K. Those who have been around for five to 10 years can expect to take home more — $49K on average. After working for 10 to 20 years, Retail Buyers make a median salary of $50K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $62K, demonstrating that compensation is roughly commensurate with experience in the end.

Retail Buyer Advice

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

Retail Buyer in Union:
"Office Politics."
Learn everything you can from those around you. Take chances, speak up. When presented with an issue, give your problem solving solution,

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Retail Buyer Salaries

Late-Career
up arrow 30%

Experienced
up arrow 5%


National Average
$48,000

Entry-Level
up arrow 12%

Skills That Affect Retail Buyer Salaries

Retail
up arrow 11%

Negotiation
up arrow 6%

National Average
$48,000


Inventory Management
up arrow 22%

Data Analysis
up arrow 23%

Strategic Planning
up arrow 23%

Customer Service
up arrow 31%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 40 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
31%
10-19 years
23%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 53%
medical benefits
Vision: 37%
dental benefits
None: 24%
ADVERTISEMENT