Vice President (VP), Merchandising Salary

For VPs of Merchandising, yearly average wages total $153K annually. Total cash compensation to VPs of Merchandising bottoms out near $104K and approaches $288K on the high end; the biggest paychecks include approximately $52K from bonuses and almost $59K from profit sharing. Location is the biggest factor affecting pay for this group, followed by experience level. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Most workers in this position report high levels of job satisfaction. Female VPs of Merchandising survey participants are more prevalent than men — 68 percent of professionals. The information for this snapshot was generated by responses to the PayScale salary survey.
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$94,224 - $247,957
(Median)
$94K
$150K
$250K
MEDIAN: $153,441
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$100K$200K$300K
Salary
$94,224 - $247,957  
   
Bonus
$0.00 - $51,613  
Profit Sharing
$-0.50 - $58,723  
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).
)
$103,679 - $287,675  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 136
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Job Description for Vice President (VP), Merchandising

The job of a vice president of merchandising is to promote services and products for their company at a wide variety of events, which include exhibits, recreational events, sporting events, concerts, retail outlets, and more. They are generally employed by retail stores, design establishments, entertainment houses, and other businesses.

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Vice President (VP), Merchandising Tasks

  • Analyze market trends and behavior of competitors to develop product marketing strategies.
  • Research customer behavior to determine which products company should offer.
  • Create plans for the introduction and promotion of new products based on the results of customer research.
  • Coordinate merchandise planning with marketing department and executives.

Vice President (VP), Merchandising Job Listings

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Professional skills reported by VPs of Merchandising are few in number. Fortunate workers who know Merchandising can expect a significant pay bump, scoring salaries 35 percent above average. Skills that pay less than market rate include Product Development.

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Experience Affects Vice President (VP), Merchandising Salaries

Late-Career
up arrow 1%

National Average
$178,000

Mid-Career
up arrow 2%

Experienced
up arrow 4%

Skills That Affect Vice President (VP), Merchandising Salaries

Merchandising
up arrow 35%

National Average
$178,000

Product Development
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

1-4 years
3%
5-9 years
12%
10-19 years
46%
20 years or more
40%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 76%
vision benefits Vision: 58% employee benefits None: 9%
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