Assistant Store Manager Salary
Job Description for Assistant Store Manager
The assistant store manager is responsible for assisting with the day-to-day operations of their store. This includes scheduling, ordering and processing of merchandise, and managing employees. The assistant store manager will spend most of his or her time training employees, assisting customers, and organizing the store. In addition, they are responsible for assigning tasks and duties to employees and making sure those tasks are done on time. If the employees are not performing well, or sales are down for whatever reason, then it is the assistant store manager’s job to fix those aforementioned issues. This may be done by motivating and inspiring the employees to work hard to increase store sales; if sales are suffering for other reasons, then it is the assistant store manager’s job to look at inventory and make sure that it is up to par. This includes discontinuing slow selling products, organizing product displays, and researching new products that will bring in business. The assistant store manager has many responsibilities that must be done promptly and correctly. These duties include store closing and opening, handling of store cash, creating safety guidelines, and processing documents and reports. An assistant store manager generally needs to have prior retail experience, preferably in another management position, as well as strong communication, interpersonal, and organizational skills.
Assistant Store Manager Tasks
- Sell the organization's products and/or services to new or established customers; handle and resolve escalated customer complaints and issues.
- Assist in managing the selection, training and development of staff; ensure monthly sales quota are met.
- Assist in overseeing the day-to-day retail operations and staff; monitor and prioritize workflow and schedules.
- Manage and stock inventory at specified levels.
Common Career Paths for Assistant Store Manager
At the upper end, Assistant Store Managers who move into an Operations Manager role can end up with a hefty increase in pay. The average income for Operations Managers is a much higher $59K per year. When Assistant Store Managers are ready for the next step in their careers, they often become Retail Store Managers or Restaurant General Managers. Those roles pay an additional $4K and $9K, respectively.
Retail Store Assistant Manager Job Listings
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Popular Employer Salaries for Assistant Store Manager
Wal-Mart Stores, Inc, Dollar General Corporation, Family Dollar Stores Inc, Lowe's Home Improvement Inc., and Lowe's Companies, Inc are top-notch employers for Assistant Store Managers in this area. Assistant Store Managers in search of the best pay head to The Home Depot Inc., where the median salary rolls in at $63K. Although pay is top-notch overall, it does seem to be curbed at $78K, which isn't dramatically higher than the lower-end figure of $48K. Also paying near the top of the field are Target Corporation at $62K, Lowe's Home Improvement Inc. at $59K, and Lowe's Companies, Inc, where Assistant Store Managers annually earn $58K.
Family Dollar Stores Inc reports the lowest median salary in the area by far — it's only $22K, 192 percent lower than the top payer. Dollar Tree Stores Inc, Dollar General Corporation, and GameStop Corp. are a few other employers known for handing out relatively lightweight salaries ($22K, $22K, and $25K respectively).
Popular Skills for Assistant Store Manager
Assistant Store Managers report using a deep pool of skills on the job. Most notably, skills in Operations Management, People Management, Customer Relationship Management, and Merchandising are correlated to pay that is above average, with boosts between 7 percent and 10 percent. At the other end of the pay range are skills like Sales, Customer Relations, and Inventory Control. Most people experienced in Customer Service also know People Management, Operations Management, and Merchandising.
Pay by Experience Level for Assistant Store Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Assistant Store Managers, more experience generally translates to higher pay. Workers in their first five years can expect to earn $31K, but people who have been around for five to 10 years earn a noticeably bigger sum of $39K. For Assistant Store Managers, 10 to 20 years of experience on the job amounts to an average salary of $45K. Assistant Store Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $48K on average.
Pay Difference by Location
For Assistant Store Managers, New York provides a pay rate that is 26 percent greater than the national average. Assistant Store Managers will also find cushy salaries in Denver (+21 percent), Seattle (+20 percent), Houston (+17 percent), and Miami (+16 percent). With compensation 12 percent below the national average, San Antonio is not known for hefty paychecks and actually represents the lowest-paying market. Workers in Atlanta and Charlotte earn salaries that trail the national average for those in this profession (8 percent less and 5 percent less, respectively).
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