As of March 01, 2025, the average annual salary for a Merchandise Buyer, Sr. in Newark, NJ is $152,251. According to Salary.com, salaries can range from a low of $120,825 to a high of $175,576, with most professionals earning between $135,801 and $164,460.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $145,540 | $12,128 | $2,799 | $70 |
| Average | $134,735 | $11,228 | $2,591 | $65 |
| 25th Percentile | $120,178 | $10,015 | $2,311 | $58 |
An entry-level Merchandise Buyer, Sr. with under 1 year experience makes about $144,885. With less than 2 years of experience, a mid-level Merchandise Buyer, Sr. makes around $146,113. After 2-4 years, the Merchandise Buyer, Sr. pay rises to about $148,568. Those senior Merchandise Buyer, Sr. with 5-8 years of experience earn roughly $155,895, and those Merchandise Buyer, Sr. having 8 years or more experience are expected to earn about $159,175 on average.
| Levels | Salary |
|---|---|
| Entry Level Merchandise Buyer, Sr. | $144,885 |
| Intermediate Level Merchandise Buyer, Sr. | $146,113 |
| Senior Level Merchandise Buyer, Sr. | $148,568 |
| Specialist Level Merchandise Buyer, Sr. | $155,895 |
| Expert Level Merchandise Buyer, Sr. | $159,175 |
| Entry Level | 8% |
| Mid Level | 8% |
| Senior Level | 10% |
| Top Level | 16% |
| Experienced | 18% |
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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.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Project Coordination: Managing daily operations of project tasks to ensure that a project successfully achieves its target goals.
Casting: Casting is a manufacturing process in which a liquid material is usually poured into a mold, which contains a hollow cavity of the desired shape, and then allowed to solidify. It is used for making complex shapes that would be otherwise difficult.
| Skill | Salary | Demand |
|---|---|---|
|
Written Communication
|
$194,881 |
28%
|
|
Microsoft Office
|
$194,881 |
28%
|
|
Analysis
|
$173,566 |
14%
|
|
Collaboration
|
$172,043 |
13%
|
|
Planning
|
$168,998 |
11%
|
|
Pricing
|
$168,998 |
11%
|
