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Merchandising manager hiring summary. Here are some key points about hiring merchandising managers in the United States:
Here's a step-by-step merchandising manager hiring guide:
A merchandising manager is responsible for supervising stock inventories, retail pricing, and managing product displays by analyzing customer preferences through researching the current market trends that would improve the store's sales condition and achieve profitability goals. Merchandising managers negotiate with reliable third-party vendors, minimizing costs without compromising the quality of the products. They also assist with planning floor layouts for store visuals that would attract customers and marketing promotional offers and special discounts to increase more revenues.
Before you start hiring a merchandising manager, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
A merchandising manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, merchandising managers 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 shows salaries for various types of merchandising managers.
| Type of Merchandising Manager | Description | Hourly rate |
|---|---|---|
| Merchandising Manager | Advertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members. | $30-55 |
| Co-Manager | A co-manager's role is to supervise business operations and perform administrative tasks as support to a manager. One of the primary functions of a co-manager is to delegate tasks of team members and arrange schedules... Show more | $16-57 |
| Co-Manager/Store Manager | A co-manager/store manager oversees the daily operations of a store, ensuring smooth workflow and customer satisfaction. They are in charge of setting goals and sales targets, establishing guidelines and timelines, delegating responsibilities among staff, and developing strategies to optimize store operations... Show more | $14-26 |
Including a salary range in the merchandising manager job description is a good way to get more applicants. A merchandising manager salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a merchandising manager in Alaska may be lower than in Rhode Island, and an entry-level engineer typically earns less than a senior-level merchandising manager. Additionally, a merchandising manager with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Rhode Island | $108,776 | $52 |
| 2 | Oregon | $102,812 | $49 |
| 3 | New Jersey | $97,268 | $47 |
| 4 | Washington | $97,256 | $47 |
| 5 | New York | $96,759 | $47 |
| 6 | Massachusetts | $94,921 | $46 |
| 7 | West Virginia | $91,088 | $44 |
| 8 | North Carolina | $90,940 | $44 |
| 9 | Pennsylvania | $90,910 | $44 |
| 10 | Illinois | $90,130 | $43 |
| 11 | California | $89,812 | $43 |
| 12 | Maryland | $89,041 | $43 |
| 13 | Indiana | $86,223 | $41 |
| 14 | Ohio | $85,716 | $41 |
| 15 | Florida | $84,999 | $41 |
| 16 | Utah | $84,740 | $41 |
| 17 | Nevada | $84,058 | $40 |
| 18 | Arizona | $82,347 | $40 |
| 19 | Georgia | $80,327 | $39 |
| 20 | Missouri | $79,019 | $38 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Roku | $146,563 | $70.46 | 13 |
| 2 | Meta | $129,325 | $62.18 | 349 |
| 3 | Nike | $128,971 | $62.01 | 38 |
| 4 | Bunge | $125,595 | $60.38 | 11 |
| 5 | Hanesbrands | $124,031 | $59.63 | |
| 6 | Amazon | $118,645 | $57.04 | 182 |
| 7 | Fashion Nova | $118,093 | $56.78 | |
| 8 | $117,602 | $56.54 | 135 | |
| 9 | Fanatics | $117,376 | $56.43 | 551 |
| 10 | Cargill | $116,498 | $56.01 | 4 |
| 11 | Keurig Dr Pepper | $115,296 | $55.43 | 63 |
| 12 | Macy's | $113,789 | $54.71 | 49 |
| 13 | Ross Stores | $113,497 | $54.57 | 355 |
| 14 | JCPenney | $112,719 | $54.19 | 193 |
| 15 | Mouser Electronics | $111,348 | $53.53 | |
| 16 | Michaels Stores | $111,036 | $53.38 | 249 |
| 17 | VF | $110,518 | $53.13 | 75 |
| 18 | Chewy | $110,474 | $53.11 | 6 |
| 19 | Lands' End | $109,581 | $52.68 | 7 |
| 20 | TPC Group | $109,430 | $52.61 |
A merchandising manager 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. Below, you can find an example of a merchandising manager job description:
There are various strategies that you can use to find the right merchandising manager for your business:
Recruiting merchandising managers requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the merchandising manager 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.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new merchandising manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Hiring a merchandising manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting merchandising managers involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of merchandising manager recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $86,346 per year for a merchandising manager, 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 merchandising managers in the US typically range between $30 and $55 an hour.