Branch Manager, Retail Salary

Median pay for Retail Branch Managers in the United States lies in the neighborhood of $52K per year. Including potential for bonuses, profit sharing and commission — peaking near $15K, $11K, and $33K, respectively — total cash payment to Retail Branch Managers can bottom out near $35K or top out at around $82K. Men make up the majority of Retail Branch Managers (60 percent) survey respondents. A large number enjoy medical while more than half get dental coverage. Vision coverage is also available to a majority. The majority of Retail Branch Managers claim high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.

$33,828 - $76,331
(Median)
$34K
$52K
$76K
MEDIAN: $52,203
10%
50%
90%

Add this chart to your site: 640px    300px

$12.82 - $25.44
(Median)
$13
$18
$25
MEDIAN: $17.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$33,828 - $76,331  
   
Bonus
$0.00 - $15,284  
Profit Sharing
$5.86 - $11,150  
Commission
$0.00 - $33,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$34,954 - $82,126  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 260
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$12.82 - $25.44  
   
Hourly Tips
$0.43  
Overtime
$1.29 - $36.24  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$0.00 - $15,284  
   
Commission
$0.00 - $33,000  
Profit Sharing
$5.86 - $11,150  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$34,954 - $82,126  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 37
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Branch Manager, Retail

The retail branch manager oversees day-to-day operations for a store that is typically affiliated, franchised, or owned by a larger corporate entity with multiple locations. While they may may delegate authority to department managers and floor supervisors, the branch manager must ensure that systems and standards are established and enforced.

Read More...

Branch Manager, Retail Tasks

  • Monitor store financial performance, setting business objectives and implementing strategies to meet those targets.
  • Supervise branch employees, overseeing hiring, discipline, training, promotions, and scheduling.
  • Oversee store inventory, ordering and receiving products, monitoring product quality, and adjusting inventory to meet customer needs.
  • Manage the daily operation and administration of a branch of a retail store.
  • Set and enforce standards for customer service, receiving and addressing customer complaints.

Common Career Paths for Branch Manager, Retail


Add this chart to your site:   640px 640px    300px 300px


Many Retail Branch Managers move into a Banking Branch Manager role, which does not lead to a big boost in pay. Banking Branch Managers on average bring in a similar salary to Retail Branch Managers.

Branch Manager, Retail Job Listings

Search for more jobs:


Job skills reported by Retail Branch Managers are limited. Most notably, skills in Operations Management, Sales Management, Customer Service, and Sales are correlated to pay that is above average. Skills that pay less than market rate include Sales and Customer Service. Aptitude in Operations Management tends to also indicate an understanding of Sales Management.

Pay by Experience Level for Branch Manager, Retail

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Retail Branch Managers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Average salaries for inexperienced employees average out to around $49K, but folks who have five to 10 years of experience earn a higher median of $56K. Retail Branch Managers claiming one to two decades of experience make an estimated median of $57K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $66K, demonstrating that compensation is roughly commensurate with experience in the end.

Branch Manager, Retail Advice

What do you wish you knew about your job when you first started out?

Branch Manager, Retail in South Africa:
"Do it right the first time."
Believe in yourself and grow with your team not alone. To lead is to follow.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Branch Manager, Retail Salaries

Late-Career
up arrow 24%

Experienced
up arrow 6%

Mid-Career
up arrow 4%

National Average
$53,000

Entry-Level
up arrow 8%

Skills That Affect Branch Manager, Retail Salaries

Operations Management
up arrow 4%

Sales Management
up arrow 3%

National Average
$53,000

Customer Service
up arrow 17%

Sales
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
1%
1-4 years
24%
5-9 years
25%
10-19 years
30%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 68%
medical benefits
Vision: 59%
dental benefits
None: 16%
ADVERTISEMENT