How much does a Top Merchandising Executive make in Albion, ME? The average Top Merchandising Executive salary in Albion, ME is $378,322 as of February 26, 2024, but the range typically falls between $320,758 and $488,929. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Top Merchandising Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Top Merchandising Executive Salary $268,349 Albion,ME February 26, 2024
25th Percentile Top Merchandising Executive Salary $320,758 Albion,ME February 26, 2024
50th Percentile Top Merchandising Executive Salary $378,322 Albion,ME February 26, 2024
75th Percentile Top Merchandising Executive Salary $488,929 Albion,ME February 26, 2024
90th Percentile Top Merchandising Executive Salary $589,630 Albion,ME February 26, 2024
25% $320,758 10% $268,349 90% $589,630 75% $488,929 $378,322 50%(Median) Didn’t find job title? Click
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What skills does a Top Merchandising Executive need?

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.

1.

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.

2.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

3.

Merchandising: In the broadest sense, merchandising is any practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to the variety of products available for sale and the display of those products in such a way that it stimulates interest and entices customers to make a purchase. In the profession of merchandising you are either employed by the store in which you work, or by an independent distributor. As a professional merchandiser, in a retail setting, you will not only know your products(I.e. coffee, juice, soda, etc.) but you will gauge other “vendors” like products as you tend to your job. Working with the store and other merchandisers, shelf space is often given or taken as need be in some locations(for some young merchandisers this is known as “war”) In retail commerce, visual display merchandising means merchandise sales using product design, selection, packaging, pricing, and display that stimulates consumers to spend more. This includes disciplines and discounting, physical presentation of products and displays, and the decisions about which products should be presented to which customers at what time.

Planning 8.33%
Futures 8.33%
Merchandising 8.33%
Others 75.01%

Job Description for Top Merchandising Executive

Top Merchandising Executive oversees, plans, and directs all aspects of a retail organization's merchandise buying activities. Leads the development of product assortment strategies to meet customer demand and maximize sales and profits. Being a Top Merchandising Executive utilizes data analytics, forecasting, trend research, and sales performance to develop effective merchandising plans. Establishes methodologies and guidelines for merchandise pricing and markdowns. Additionally, Top Merchandising Executive develops new and manages the existing supply chain and vendor relationships. Requires a bachelor's degree in marketing, merchandising, business or other related field. Typically reports to top management. The Top Merchandising Executive manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)... View full job description

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Top Merchandising Executive salary varies from city to city. Compared with national average salary of Top Merchandising Executive, the highest Top Merchandising Executive salary is in San Francisco, CA, where the Top Merchandising Executive salary is 25.0% above. The lowest Top Merchandising Executive salary is in Miami, FL, where the Top Merchandising Executive salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Top Merchandising Executive, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
320758
488929
378322

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
426755
873890
612441
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Top Merchandising Executive in Albion, ME. The base salary for Top Merchandising Executive ranges from $320,758 to $488,929 with the average base salary of $378,322. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $426,755 to $873,890 with the average total cash compensation of $612,441.
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320758
488929

 

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About Albion, Maine    Albion is a town in Kennebec County, Maine, United States. The population was 2,041 at the 2010 census. According to the United States Census Bureau, ....More

Albion, Maine  area prices were up 1.6% from a year ago    View the Cost of Living in Albion, Maine

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