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Senior merchandising manager hiring summary. Here are some key points about hiring senior merchandising managers in the United States:
Here's a step-by-step senior merchandising manager hiring guide:
The primary job of a senior merchandising manager is to monitor market trends for product design, levels, and pricing identification. Senior merchandising managers source, manage and curate the products and/or services and promotional materials of a company. They oversee the purchasing process of corporations. It is part of their job to negotiate with the company's suppliers. Their duties also include predicting the trends and demands of corporate inventory.
Before you start hiring a senior 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 senior merchandising manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, senior 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 presents senior merchandising manager salaries for various positions.
| Type of Senior Merchandising Manager | Description | Hourly rate |
|---|---|---|
| Senior 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. | $37-74 |
| Market Manager | A marketing manager is an executive who manages a brand or product's promotion positioning. Marketing managers analyze the trends in the industry and the demand for certain products and services... Show more | $25-68 |
| Marketing Services Manager | A marketing services manager is in charge of overseeing a company's marketing procedures, ensuring efficiency and smooth workflow. Their responsibilities often include developing promotional strategies, assessing the performance of staff, coordinating different teams, managing the budgets, researching new marketing and client opportunities, analyzing data, and developing solutions to optimize marketing services and operations... Show more | $42-75 |
Including a salary range in your senior merchandising manager job description helps attract top candidates to the position. A senior merchandising manager salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a senior merchandising manager in Kentucky may be lower than in California, and an entry-level senior merchandising manager usually earns less than a senior-level senior merchandising manager. Additionally, a senior merchandising manager with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $161,606 | $78 |
| 2 | Rhode Island | $132,714 | $64 |
| 3 | Washington | $127,486 | $61 |
| 4 | Massachusetts | $124,497 | $60 |
| 5 | New Jersey | $124,430 | $60 |
| 6 | New York | $123,915 | $60 |
| 7 | Ohio | $123,021 | $59 |
| 8 | North Dakota | $120,191 | $58 |
| 9 | Pennsylvania | $116,201 | $56 |
| 10 | Virginia | $115,076 | $55 |
| 11 | Maryland | $110,596 | $53 |
| 12 | Illinois | $109,614 | $53 |
| 13 | Michigan | $109,474 | $53 |
| 14 | Texas | $109,070 | $52 |
| 15 | Arkansas | $107,352 | $52 |
| 16 | New Mexico | $101,534 | $49 |
| 17 | Indiana | $100,149 | $48 |
| 18 | Utah | $97,056 | $47 |
| 19 | Wisconsin | $96,107 | $46 |
| 20 | Georgia | $96,076 | $46 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Chewy | $153,445 | $73.77 | 10 |
| 2 | The Walt Disney Company | $147,209 | $70.77 | 72 |
| 3 | Nike | $145,198 | $69.81 | 13 |
| 4 | Tradesy | $145,150 | $69.78 | |
| 5 | Hyundai Motor Manufacturing Alabama | $144,675 | $69.56 | |
| 6 | Rent the Runway | $142,956 | $68.73 | |
| 7 | Walmart | $142,048 | $68.29 | 167 |
| 8 | Amazon | $139,791 | $67.21 | 580 |
| 9 | Gap Inc. | $138,093 | $66.39 | |
| 10 | Wayfair | $137,870 | $66.28 | 24 |
| 11 | Tory Burch | $137,674 | $66.19 | |
| 12 | REI | $135,877 | $65.33 | 1 |
| 13 | Lands' End | $135,155 | $64.98 | 4 |
| 14 | One Kings Lane | $134,833 | $64.82 | |
| 15 | Williams Sonoma | $134,670 | $64.75 | 15 |
| 16 | Accenture | $134,039 | $64.44 | 372 |
| 17 | The RealReal | $133,673 | $64.27 | 4 |
| 18 | Ernst & Young | $126,125 | $60.64 | 176 |
| 19 | The Home Depot | $124,206 | $59.71 | 34 |
| 20 | Whirlpool | $122,031 | $58.67 | 4 |
A good senior merchandising manager job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a senior merchandising manager job description:
There are various strategies that you can use to find the right senior merchandising manager for your business:
Your first interview with senior merchandising manager 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.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you 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 have selected a candidate for the senior merchandising manager position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
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.
To prepare for the new senior 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.
Before you start to hire senior merchandising managers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire senior merchandising managers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $111,266 per year for a senior 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 senior merchandising managers in the US typically range between $37 and $74 an hour.