R268,247
Avg. Salary
R103
Avg. Hourly Rate

Average additional compensation:

R15,481

Bonus

R6,500

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Merchandise Planner is R103 per hour.

The average pay for a Merchandise Planner is R268,247 per year.

10%
R41.71
10%
R103.09
50%
R198.07
90%
90%
MEDIAN R103.09
10%
R124k
10%
R268k
50%
R501k
90%
90%
MEDIAN R268,247
R123,843 - R500,635
R120K
R270K
R500K
MEDIAN: R268,247
10%
50%
90%
R41.71 - R198
R100
MEDIAN: R103
50%
R0R520K
Salary R123,843 - R500,635
Bonus R4,904 - R41,559
Profit Sharing R0.00 - R67,871
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).
)
R125,153 - R520,090
  • Country: South Africa
  • Currency: ZAR
  • Updated: 23 Aug 2019
  • Individuals Reporting: 326
Hourly Data R0R198
Hourly Rate R103
Annual Data R0R520K
Bonus R4,904 - R41,559
Profit Sharing R0.00 - R67,871
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).
)
R125,153 - R520,090
  • Country: United States
  • Currency: ZAR
  • Updated: 23 Aug 2019
  • Individuals Reporting: 8

Job Description for Merchandise Planner

Merchandise planners are in charge of developing effective merchandise strategies for their company. They are responsible for creating sound financial plans that reduce company spending, and increase overall profit. They review forecasts, use past performance to make projections, make recommendations for promotional markdowns, and manage inventory to maximize profitability. Additionally, merchandise planners research market trends to increase create more attractive offerings.

Read More...
Merchandise Planner Tasks
  • Decide what merchandise to buy based on past sales and market trend forecasts.
  • Suggest strategies for promotion and pricing based on current sales trends.
  • Track the level of inventory compared to the number of sales, working to quickly turn around products.
  • Generate short and long term merchandising plan to meet company financial objectives.

Merchandise Planner Job Listings

Popular Skills for Merchandise Planner

Pay Difference by Location

-29%

National Average: R283,287

Larger city markers indicate a job is popular in that location.

Merchandise Planner Reviews

Q: What is it like working as a Merchandise Planner?

Merchandise Planner in Cape Town:
"Retail Companies in Cape Town."
Pros: The beauty and diversity of the city and all it has to offer.
Cons: Traffic has become more congested and the increasing petrol costs are not taken into account with salary reviews.

Merchandise Planner in Cape Town:
"They have a good trainee programme, other than that not worth it."
Pros: Fun
Cons: Low pay, not transformed.

Merchandise Planner in Cape Town:
"Slow."
Pros: Close to home
Cons: Lack of urgency

Merchandise Planner in Johannesburg:
Pros: The work ethic, culture.
Cons: The Traffic.

Merchandise Planner in Durban:
Pros: The cost of living is reasonable.
Cons: Limited opportunities and little pay.

Merchandise Planner in Durban:
"Great environment."
Pros: The people, the environment and the style of management.
Cons: The gross salary is not up to the standard of others in different retailers, a persons development and growth is very slow.

Merchandise Planner in Cape Town:
"Corporate culture, open office."
Pros: Flexible hours , several fields to gain experience across the market.
Cons: Terrible at managing change, poor systems and visibility. Poorly communicated growth plan.

Related Job Salaries

Key Stats for Merchandise Planner

Gender

Female
71 %
Male
29 %
Less than 1 year
8%
1-4 years
47%
5-9 years
28%
10-19 years
17%
20 years or more
1%

Experience Affects Merchandise Planner Salaries

▲64%

▲33%

National Average
R283,000

▼21%

Skills That Affect Merchandise Planner Salaries

▲36%

▲6%

National Average
R283,000




Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
8%
1-4 years
47%
5-9 years
28%
10-19 years
17%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 13%
vision benefits
Vision: 13%
no benefits
None: 31%