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Sr. Merchandise Planner Salary

Pay for Senior Merchandise Planners in the United States sits in the ballpark of $79K annually. Residence is the biggest factor affecting pay for this group, followed by tenure. The majority of workers are highly satisfied with their job. Female Senior Merchandise Planners make up most of the survey respondents at 71 percent. Medical benefits are awarded to nearly all, and most earn dental coverage. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$58,452 - $96,607
(Median)
58K
67K
79K
89K
97K
MEDIAN: $79,041
10%
25%
50%
75%
90%

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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$58,452 - $96,607  
   
Bonus
$986 - $11,878  
Profit Sharing
$965 - $1,035  
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).
)
$59,126 - $105,665  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 111
United States (change)

Job Description for Sr. Merchandise Planner

Senior merchandise planner positions are commonly available at retail stores, especially larger stores with large product volume. Many open positions do not require a specific educational background, although some do require or prefer a bachelor’s degree; at least three to five years of experience as an associate buyer, merchandise planner, or in some form of inventory control is needed as well. In addition, many companies require proficiency with basic computer programs, strong analytical and organizational skills, and excellent communication skills.

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Sr. Merchandise Planner Tasks

  • Analyze sales, returns, and inventory to identify financial strategies and provide reports and metrics.
  • Plan merchandise display and promotions from pre-season through every season, including pricing decisions.
  • Create and implement financial plans for sales, inventory, profit margin, and returns.
  • Develop markdown and sales strategies based on analytics.

Sr. Merchandise Planner Job Listings

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Related Job Salaries

Experience Affects Sr. Merchandise Planner Salaries

Experienced
up arrow 5%

National Average
$83,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

1-4 years
15%
5-9 years
46%
10-19 years
26%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 86%
vision benefits Vision: 78% employee benefits None: 7%