The average salary for a Pricing Specialist is $50,430.
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Job Description for Pricing Specialist
Pricing specialists are tasked with estimating costs and gains for businesses, including maximizing potential gains while spending the least amount of money. They may work with word documents or spreadsheets to communicate with clients, and should have interpersonal and negotiation skills to make good business deals and ensure that both the client and employer can make the most profits in a proper business relationship. A bachelor's degree in business, finance, or a related field and/or relevan…Read more
Pricing Specialist Tasks
- Enter and analyze pricing and sales data, including confirming accuracy.
- Produce, analyze and update forecasts for sales and pricing models.
- Analyze data, communicate findings and suggest pricing strategies.
- Process and update contracts, metrics and cover letters about pricing.
- Partner across departments to set promotional prices, communicate sales initiatives and standardize formats.
Job Satisfaction for Pricing Specialist
Popular Employer Salaries for Pricing Specialist
The top respondents for the job title Pricing Specialist are from the companies General Electric Co (GE).Reported salaries are highest at General Electric Co (GE) where the average pay is $53,754. General Electric Co (GE) pays the lowest at around $53,754.
Pricing Specialist Job Listings
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Popular Skills for Pricing Specialist
Set Pricing Levels
Skills in Pricing, Microsoft Excel, Data Analysis, Set Pricing Levels and Microsoft Office are correlated to pay that is above average.
Pay by Experience Level for Pricing Specialist
An entry-level Pricing Specialist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $43,570 based on 26 salaries. An early career Pricing Specialist with 1-4 years of experience earns an average total compensation of $50,304 based on 223 salaries. A mid-career Pricing Specialist with 5-9 years of experience earns an average total compensation of $57,847 based on 54 salaries. An experienced Pricing Specialist with 10-19 years of experience earns an average total compensation of $50,795 based on 50 salaries. In their late career (20 years and higher), employees earn an average total compensation of $60,000.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Pricing Specialist in their job title in Houston, Texas earn an average of 28.9% more than the national average. These job titles also find higher than average salaries in Naperville, Illinois (11.0% more) and Cleveland, Ohio (4.6% more). The lowest salaries can be found in Boston, Massachusetts (33.0% less), Atlanta, Georgia (13.8% less) and Chicago, Illinois (8.4% less).
Years of Experience
This data is based on 387 survey responses.
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