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Sr. Merchandise Planner Salary

Average Senior Merchandise Planners in the United States make around $78K annually. Location is the biggest factor affecting pay for this group, followed by years of experience. Most Senior Merchandise Planners survey respondents are women (72 percent). The majority of Senior Merchandise Planners claim high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$57,675 - $95,769
(Median)
$58K
$78K
$96K
MEDIAN: $77,627
10%
50%
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
$57,675 - $95,769  
   
Bonus
$1,030 - $12,097  
Profit Sharing
$972 - $1,788  
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).
)
$59,115 - $104,757  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 114

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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

United States (change)

Experience Affects Sr. Merchandise Planner Salaries

Experienced
up arrow 7%

Mid-Career
0%

National Average
$82,000

Entry-Level
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

1-4 years
17%
5-9 years
48%
10-19 years
22%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 88%
vision benefits Vision: 80% employee benefits None: 6%
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