As of March 01, 2025, the average annual salary for a Merchandise Planner in Chicago, IL is $83,081. According to Salary.com, salaries can range from a low of $66,994 to a high of $102,169, with most professionals earning between $74,660 and $93,073.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $88,725 | $7,394 | $1,706 | $43 |
| Average | $79,200 | $6,600 | $1,523 | $38 |
| 25th Percentile | $71,173 | $5,931 | $1,369 | $34 |
An entry-level Merchandise Planner with under 1 year experience makes about $80,316. With less than 2 years of experience, a mid-level Merchandise Planner makes around $80,567. After 2-4 years, the Merchandise Planner pay rises to about $82,201. Those senior Merchandise Planner with 5-8 years of experience earn roughly $86,809, and those Merchandise Planner having 8 years or more experience are expected to earn about $88,300 on average.
| Levels | Salary |
|---|---|
| Entry Level Merchandise Planner | $80,316 |
| Intermediate Level Merchandise Planner | $80,567 |
| Senior Level Merchandise Planner | $82,201 |
| Specialist Level Merchandise Planner | $86,809 |
| Expert Level Merchandise Planner | $88,300 |
| Entry Level | 1% |
| Mid Level | 2% |
| Senior Level | 4% |
| Top Level | 10% |
| Experienced | 11% |
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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
|
$98,035 |
18%
|
|
Decision Making
|
$97,205 |
17%
|
|
Initiative
|
$96,374 |
16%
|
|
Collaboration
|
$96,374 |
16%
|
|
Collaborating
|
$95,543 |
15%
|
|
Partnering
|
$95,543 |
15%
|
