As of December 01, 2024, the average annual pay of Retail Merchandise Planner in Madison, WI is $79,230. While Salary.com is seeing that Retail Merchandise Planner salary in Madison, WI can go up to $98,908 or down to $61,807, but most earn between $70,110 and $89,530. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Retail Merchandise Planner in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $89,530 | $7,461 | $1,722 | $43 |
| Average | $79,230 | $6,603 | $1,524 | $38 |
| 25th Percentile | $70,110 | $5,843 | $1,348 | $34 |
An entry-level Retail Merchandise Planner with under 1 year experience makes about $75,841. With less than 2 years of experience, a mid-level Retail Merchandise Planner makes around $76,112. After 2-4 years, the Retail Merchandise Planner pay rises to about $77,872. Those senior Retail Merchandise Planner with 5-8 years of experience earn roughly $82,642, and those Retail Merchandise Planner having 8 years or more experience are expected to earn about $84,171 on average.
| Levels | Salary |
|---|---|
| Entry Level Retail Merchandise Planner | $75,841 |
| Intermediate Level Retail Merchandise Planner | $76,112 |
| Senior Level Retail Merchandise Planner | $77,872 |
| Specialist Level Retail Merchandise Planner | $82,642 |
| Expert Level Retail Merchandise Planner | $84,171 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 4% |
| Experienced | 6% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
| Skill | Salary | Demand |
|---|---|---|
|
Project Management
|
$93,491 |
18%
|
|
Decision Making
|
$92,699 |
17%
|
|
Initiative
|
$91,907 |
16%
|
|
Collaboration
|
$91,907 |
16%
|
|
Collaborating
|
$91,115 |
15%
|
|
Partnering
|
$91,115 |
15%
|
