Branch Manager, Retail Salary

Retail Branch Managers in the United States take home approximately $53K annually on average. In the world of Retail Branch Managers, overall cash earnings stretch from $35K near the bottom to $83K near the top; these packages encompass bonuses that run close to $15K and profit sharing that can (albeit rarely) exceed $11K, along with commissions approaching $28K. The majority of workers are highly satisfied with their job. Most enjoy medical while the greater part get dental coverage. Vision coverage is also available to the larger part. Male Retail Branch Managers who responded to the survey are more common than women; more than half (60 percent) are men.

$32,837 - $76,895

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$10.72 - $25.78

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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
$32,837 - $76,895  
   
Bonus
$0.00 - $15,351  
Profit Sharing
$5.86 - $11,150  
Commission
$0.00 - $27,500  
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).
)
$34,735 - $83,448  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 234
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
$10.72 - $25.78  
   
Overtime
$0.30 - $36.12  
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 - $15,351  
   
Commission
$0.00 - $27,500  
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).
)
$34,735 - $83,448  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 32
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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.

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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


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For Retail Branch Managers, career advancements do not tend to correlate with a rise in salary. On average, lower-level Retail Branch Managers earn similar salaries to those in higher-end positions like Banking Branch Manager.

Branch Manager, Retail Job Listings

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Retail Branch Managers who responded to the survey report just a handful of professional skills. Sales Management and Operations Management are considered valuable skills and can increase employee pay by 10 percent and 6 percent, respectively. Skills that seem to negatively impact pay include Customer Service. Operations Management and Sales Management are correlating skills — those who know the former usually know the latter.

Pay by Experience Level for Branch Manager, Retail

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


For Retail Branch Managers, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Survey participants with less than five years' experience pocket $47K on average, but those with five to 10 years of experience enjoy a much bigger median of $57K. Retail Branch Managers bring in $59K after working for 10 to 20 years. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $68K, demonstrating that compensation is roughly commensurate with experience in the end.

Related Job Salaries

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Experience Affects Branch Manager, Retail Salaries

Late-Career
up arrow 27%

Experienced
up arrow 11%

Mid-Career
up arrow 6%

National Average
$53,000

Entry-Level
up arrow 11%

Skills That Affect Branch Manager, Retail Salaries



National Average
$53,000

Customer Service
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 34 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
2%
1-4 years
24%
5-9 years
27%
10-19 years
28%
20 years or more
20%

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 69%
vision benefits Vision: 61% employee benefits None: 15%
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