£34,355
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

£1,000

Bonus

£875

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Retail Buyer is {{pay}} per hour.

The average pay for a Retail Buyer is £34,355 per year.

10%
£0.00
10%
£0.00
50%
£0.00
90%
90%
MEDIAN £0.00
10%
£22k
10%
£34k
50%
£51k
90%
90%
MEDIAN £34,355
£22,084 - £51,352
£22K
£34K
£51K
MEDIAN: £34,355
10%
50%
90%
£0£51K
Salary £22,084 - £51,352
Bonus £1,000
Profit Sharing £875
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).
)
£24,116 - £51,219
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 23 Aug 2019
  • Individuals Reporting: 19

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.

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Retail Buyer Tasks
  • Identify suppliers, select merchandise and negotiate bills of sale for a business.
  • Inspect deliveries for shipping errors, improper handling, or quality issues.
  • Ensure that orders are delivered on time and at cost.
  • Resolve billing and shipping problems and provide information to suppliers.

Retail Buyer Job Listings

Pay by Experience Level for Retail Buyer

Pay by Experience for a Retail Buyer has a positive trend. An entry-level Retail Buyer with less than 5 years of experience can expect to earn an average total compensation of ₤34,000 based on 7 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Retail Buyer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤26,000 based on 7 salaries. An experienced Retail Buyer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤40,000 based on 6 salaries. A Retail Buyer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤45,000 based on 5 salaries.

Key Stats for Retail Buyer

Gender

Female
54 %
Male
46 %
1-4 years
40%
5-9 years
30%
10-19 years
15%
20 years or more
15%

Experience Affects Retail Buyer Salaries

Late-Career
▲31%

Experienced
▲17%

National Average
₤34,000

Entry-Level
▼2%

Mid-Career
▼24%

Gender

Female
54 %
Male
46 %

Years of Experience

1-4 years
40%
5-9 years
30%
10-19 years
15%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 33%
dental benefits
Dental: 13%
vision benefits
Vision: 7%
no benefits
None: 67%