Target employees working as Merchandise Planner in US have attributed a compensation and benefits rating of 4.5 out of 5 stars, based on 14 ratings. This is in line with the average of Merchandise Planner professionals at Target worldwide.
The salary trajectory of a Merchandise Planner ranges between locations and employers. The salary starts at $0 per year (estimate) and goes up to $0 per year (estimate) for the highest level of seniority.
The estimated average salary for a Merchandise Planner at Target is $121,549 per year or $58 per hour, but some professionals have reported earning up to roughly $207,680 per year (90th percentile). The typical pay range is between $92,495 (25th percentile) and $161,961 (75th percentile) annually. This is based on 58 salaries submitted by Target Merchandise Planner professionals on Glassdoor, as of Jul 2026.
Merchandise Planner professionals typically earn between $44 and $78 per hour.
Merchandise Planner professionals typically earn between $7,708 and $13,497 monthly.