Commonly asked overtime pay law questions about Wholesale and Retail Buyers:
- What is a Wholesale and Retail Buyer?
- What is the Salary Range for Wholesale and Retail Buyers?
- How Many Wholesale and Retail Buyers Are Nationally Employed?
- Where Are Most Wholesale and Retail Buyers Employed?
- Wholesale and Retail Buyer Overtime Pay Lawsuit News
- What are the Laws for Wholesale and Retail Buyer Overtime Pay?
- Are Wholesale and Retail Buyers Entitled to Overtime Pay?
- Wholesale and Retail Buyer Overtime Pay Lawyer Review
What Is a Wholesale and Retail Buyer?
Wholesale and Retail Buyers, also known simply as Buyers, purchase merchandise or commodities for resale to consumers at the wholesale or retail level, including both durable and nondurable goods.
This job involves analyzing past buying trends, sales records, price, and quality of merchandise to determine value and yield. Buyers also select, order, and authorize payment for merchandise according to contractual agreements. They may conduct meetings with sales personnel and introduce new products.
What is the Salary Range for a Wholesale and Retail Buyer?
Depending on the work setting and state where Buyers are employed, the U.S. Bureau of Labor Statistics (BLS) noted that in 2016, Buyers made between $30,000 and $97,000, with the average annual salary being approximately $60,000.
How Many Wholesale and Retail Buyers Are Nationally Employed?
According to the United States Department of Labor, employment estimate and mean wage estimates for this occupation are as follows:
| Employment | Employment RSE* | Mean Hourly Wage | Mean Annual Wage | Wage RSE |
| 109,440 | 1.8% | $28.87 | $60,040 | 0.8% |
*RSE: The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.
According to the United States Department of Labor, the percentile wage estimates for a Buyer is as follows:
| Percentile | 10% | 25% | 50% (Median) | 75% | 90% |
| Hourly Wage | $14.48 | $18.99 | $25.65 | $34.82 | $47.03 |
Where Are Most Wholesale and Retail Buyers Employed?
According to the United States Department of Labor, states with the highest employment level in this occupation are as follows:
| State | Employment | Employment Per Thousand Jobs | Location Quotient | Hourly Mean Wage | Annual Mean Wage |
| California | 18,330 | 1.15 | 1.47 | $28.51 | $59,300 |
| Texas | 9,290 | 0.79 | 1.01 | $28.33 | $58,920 |
| New York | 8,130 | 0.89 | 1.15 | $34.65 | $72,070 |
| Ohio | 4,340 | 0.81 | 1.04 | $29.03 | $60,390 |
| Illinois | 4,010 | 0.68 | 0.87 | $31.11 | $64,700 |
Wholesale and Retail Buyer Overtime Pay Lawsuit News
Related Wholesale and Retail Buyer Overtime Pay Lawsuit News
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What are the Laws for Wholesale and Retail Buyer Overtime Pay?
Under the Fair Labor Standards Act, Buyers are often entitled to overtime pay for all hours worked over 40 in one week. If an employer denies a Buyer overtime wages, it could give rise to an overtime pay lawsuit.
There are strict time limitations for filing a claim so it is important that you discuss your case in a timely manner. If you wait too long, you may lose your ability to recover some or all of your back pay. An experienced Buyer overtime pay attorney can determine whether you are entitled to overtime wages based upon your job description, job duties, rate of pay, and number of hours worked.
Some states have their own overtime pay laws that may be slightly different from the FLSA with respect to overtime pay for Buyers. There are strict time deadlines for filing lawsuits so it is essential that you contact an attorney immediately.
Are Wholesale and Retail Buyer Entitled to Overtime Pay?
Because Buyers perform essential duties such as, analyzing 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, they often work far more than 40 hours in a workweek. Many of them are not paid overtime for these excess hours as required under the FLSA. The employer’s failure to pay required overtime to a Buyer can result in a lawsuit for overtime pay.
There are strict time limitations for filing a claim so it is important that you discuss your case in a timely manner. If you wait too long, you may lose your ability to recover some or all of your back pay. An experienced Buyer overtime pay attorney can determine whether you are entitled to overtime wages based upon your job description, job duties, rate of pay, and number of hours worked.
Some states have their own overtime pay laws that may be slightly different from the FLSA with respect to overtime pay for managers. An experienced overtime pay attorney can determine whether you are entitled to overtime wages based upon your job description, job duties, rate of pay, and number of hours worked. There are strict time deadlines for filing lawsuits so it is essential that you contact an attorney immediately.
To determine whether you are eligible for filing a wage claim, contact our experienced Buyer Overtime Pay Lawyers at (855) 754-2795 for a Free Consultation to discuss your case or complete the Free Unpaid Overtime Case Review Form on this page.
We will discuss your situation and determine if you have a claim. If you are owed unpaid wages, we will represent you under our No Fee Promise, which means there are never any legal fees or costs unless you receive a settlement.
Wholesale and Retail Buyer Overtime Pay Lawyer Review
