What are the job responsibilities of a Wholesale and Retail Buyer? What does an individual in this position get paid in Ohio?
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Buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods. Analyze past buying trends, sales records, price, and quality of merchandise to determine value and yield. Select, order, and authorize payment for merchandise according to contractual agreements. May conduct meetings with sales personnel and introduce new products. Include assistant buyers.
In Ohio, the midpoint of salaries reported for the position (50th percentile) is $45,694. The 75th percentile (the rate below which 75% of salary data falls) is $60,973. The 25th percentile (the rate below which 25% of the data falls) is $35,271.
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How much should you pay a Wholesale and Retail Buyer?
Compensation.BLR.com, a leading provider of compensation data, scores this job as exempt (not entitled to overtime). According to Compensation.BLR.com's rate ranges, grade 32 has a minimum of $41,466. The midpoint is $51,837, and the maximum is $64,800.
How much should an employer be paying a Wholesale and Retail Buyer in Ohio? It depends on many factors, but the most important are the experience and skills of the employee or applicant. Answer these questions: How much experience does he or she have? How highly skilled is he or she? Then, use the table below. Interpolate as necessary.
Applicant's Skills and Experience |
---|
| Beginner | Competent | Expert |
Salary Survey | | | |
National | $36,800 | $48,650 | $65,870 |
Ohio | $35,271 | $45,694 | $60,973 |
| | | |
Rate Range (Grade 32) | | | |
National | $41,466 | $51,837 | $64,800 | Ohio | $38,764 | $48,459 | $60,578 |