Sr. Merchandise Planner Salary (United States)

A Sr. Merchandise Planner earns an average salary of $78,868 per year.
Sr. Merchandise Planner Total Pay (?
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.
)
$58,618 - $96,559
(Median)
59K
68K
79K
88K
97K
MEDIAN: $78,868
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
$58,618 - $96,559  
   
Bonus
$1,100 - $15,000  
Profit Sharing
$974 - $2,457  
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).
)
$58,610 - $107,017  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 126
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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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Pay by Experience Level for Sr. Merchandise Planner
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Los Angeles
up arrow 13%
New York
up arrow 3%
National Average
$83,000
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Sr. Merchandise Planner Salaries

Late-Career
up arrow 18%
Experienced
up arrow 3%
Mid-Career
0%
National Average
$83,000
Entry-Level
up arrow 8%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 22 votes.
Gender
Female
70%
female alumni
 
Male
30%
male alumni
Years of Experience
1-4 years
14%
5-9 years
47%
10-19 years
26%
20 years or more
13%
Common Health Benefits
medical benefits Medical: 92% dental benefits Dental: 86%
vision benefits Vision: 75% employee benefits None: 8%
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