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Head of merchandise buying hiring summary. Here are some key points about hiring heads of merchandise buying in the United States:
Here's a step-by-step head of merchandise buying hiring guide:
The head of merchandise buying hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
A head of merchandise buying's background is also an important factor in determining whether they'll be a good fit for the position. For example, heads of merchandise buying from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list presents head of merchandise buying salaries for various positions.
| Type of Head Of Merchandise Buying | Description | Hourly rate |
|---|---|---|
| Head Of Merchandise Buying | Buyers and purchasing agents buy products and services for organizations to use or resell. They evaluate suppliers, negotiate contracts, and review the quality of products. | $36-112 |
| Procurement Agent | A procurement agent develops profitable measures to save the client money and ensure the quality of goods supplied. Procurement agents obtain the purchased items through suppliers, monitor them, and expedite the orders... Show more | $23-50 |
| Contract Worker | A contract worker is an independent contractor who only works at companies for a limited amount of time, according to agreed-upon contract terms. When it comes to employment, a contract worker may find opportunities in different industries, depending upon their set of skills and abilities... Show more | $25-45 |
A head of merchandise buying job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a head of merchandise buying job description:
There are a few common ways to find heads of merchandise buying for your business:
Your first interview with head of merchandise buying candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the head of merchandise buying candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
After that, you can create an onboarding schedule for a new head of merchandise buying. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Recruiting heads of merchandise buying involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $133,768 per year for a head of merchandise buying, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for heads of merchandise buying in the US typically range between $36 and $112 an hour.