Median pay is highest in New York (approximately $70K per year), followed by Dallas ($62K), Charlotte (about $60K), and Columbus ($59K). On the lower end is Kansas City at $45K. Pay rates in the United States are highest in the state of New York, where they average to around $65K annually.
Bringing in the most money are Retail Store Managers — their earnings average $63K. Merchandising Managers are a close second at about $61K along with Assistant Store Managers ($53K) and Product Managers ($49K). Among the lower-paid positions at Victoria's Secret are Retail Managers — typical salaries for this role approach around $41K.
Years of Experience
Respondents who have been working for five to nine years tend to make approximately $51K. Those with one to four years of experience at the company can expect to make $42K. When we consider tenure, a substantial portion of employees (39 percent) have been working for 10-19 years and make $62K per year.
Certifications and Degrees
Victoria's Secret workers who hold a Bachelor's Degree are also well compensated, earning around $53K on average.
In this position, it pays to have Customer Relationship Management in your toolkit; employees who claim proficiency enjoy a higher median salary of approximately $65K. It's pretty common to find people here who know Customer Service; over a third consider it a key competency. Merchandising, Sales Management, and Leadership were also reported by many survey participants.
Victoria's Secret's employees are largely female (the female-to-male ratio is more than 3 to 1).
Benefits and Perks
One-half of workers receive paid vacation, and only 18 percent get sick leave. Nearly all workers allocate some part of their earnings to the company-sponsored 401(k) savings plan. Victoria's Secret provides health insurance to a majority of workers, and just over a half of workers do receive dental coverage. The company also dishes out perks such as life insurance, a stock purchase plan, stock options, and tuition reimbursement.