Branch Manager, Retail Salary

Pay for Retail Branch Managers in the United States sits in the ballpark of $52K annually. Total incomes of Retail Branch Managers incorporate potential for, in a few cases, more than $15K from bonuses and close to $11K from profit sharing; these performance components cause packages to range between $35K and $83K. Most people who answered the questionnaire are men; 61 percent of Retail Branch Managers are male. Job satisfaction for Retail Branch Managers is high. Medical benefits are awarded to most, and the greater part earn dental coverage. This report is based on answers to PayScale's salary questionnaire.

$32,655 - $76,746
(Median)
$33K
$52K
$77K
MEDIAN: $52,439
10%
50%
90%

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$10.57 - $25.93
(Median)
$11
$18
$26
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Salary
$32,655 - $76,746  
   
Bonus
$0.00 - $15,383  
Profit Sharing
$5.86 - $11,150  
Commission
$0.00 - $29,087  
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).
)
$34,523 - $83,468  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 228
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$10.57 - $25.93  
   
Overtime
$0.30 - $36.12  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $15,383  
   
Commission
$0.00 - $29,087  
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).
)
$34,523 - $83,468  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 30
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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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Survey takers who work as Retail Branch Managers report a focused set of job skills. Sales Management and Operations Management are considered valuable skills and can increase employee pay by 9 percent and 6 percent, respectively. Skills that pay less than market rate include Customer Service. Experience with Operations Management is often linked with knowledge of Sales Management.

Pay by Experience Level for Branch Manager, Retail

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


Experience does not seem to be a strong driver of pay increase in this role. The average worker who claims fewer than five years of experience earns around $47K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $58K. The average pay reported by folks with 10 to 20 years of experience is around $59K. As Retail Branch Managers reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $67K.

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Experience Affects Branch Manager, Retail Salaries

Late-Career
up arrow 26%

Experienced
up arrow 10%

Mid-Career
up arrow 8%

National Average
$53,000

Entry-Level
up arrow 12%

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
39 %
Male
61 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 69%
vision benefits Vision: 61% employee benefits None: 15%
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