As of March 01, 2025, the average annual salary for a Merchandise Planner, Sr. in Elgin, IL is $84,727. According to Salary.com, salaries can range from a low of $70,421 to a high of $103,439, with most professionals earning between $77,239 and $94,522.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $91,591 | $7,633 | $1,761 | $44 |
| Average | $82,100 | $6,842 | $1,579 | $39 |
| 25th Percentile | $74,844 | $6,237 | $1,439 | $36 |
An entry-level Merchandise Planner, Sr. with under 1 year experience makes about $81,374. With less than 2 years of experience, a mid-level Merchandise Planner, Sr. makes around $81,933. After 2-4 years, the Merchandise Planner, Sr. pay rises to about $83,051. Those senior Merchandise Planner, Sr. with 5-8 years of experience earn roughly $84,727, and those Merchandise Planner, Sr. having 8 years or more experience are expected to earn about $88,382 on average.
| Levels | Salary |
|---|---|
| Entry Level Merchandise Planner, Sr. | $81,374 |
| Intermediate Level Merchandise Planner, Sr. | $81,933 |
| Senior Level Merchandise Planner, Sr. | $83,051 |
| Specialist Level Merchandise Planner, Sr. | $84,727 |
| Expert Level Merchandise Planner, Sr. | $88,382 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 1% |
| Top Level | 3% |
| Experienced | 8% |
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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.
Coordination: Ability to plan, execute, and adjust job duties to achieve business goals.
Cash Handling: Process of receiving and giving money in a business. In retail, cash handling ranges from the point of sale to the behind-the-scenes money management during the day.
Material Handling: Material handling involves short-distance movement within the confines of a building or between a building and a transportation vehicle. It uses a wide range of manual, semi-automated, and automated equipment and includes consideration of the protection, storage, and control of materials throughout their manufacturing, warehousing, distribution, consumption, and disposal. Material handling can be used to create time and place utility through the handling, storage, and control of material, as distinct from manufacturing, which creates form utility by changing the shape, form, and makeup of material.
| Skill | Salary | Demand |
|---|---|---|
|
Visual Presentation
|
$94,047 |
11%
|
|
Flexibility
|
$88,964 |
5%
|
|
Coaching
|
$88,964 |
5%
|
|
Guest Service
|
$88,964 |
5%
|
|
Pricing
|
$88,964 |
5%
|
|
Effective Communication
|
$88,964 |
5%
|
