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Branch Manager, Retail Salary

Earnings for Retail Branch Managers in the United States come in at around $52K per year on average. Bonuses, profit sharing, and commission all factor into final incomes for Retail Branch Managers. Ranging between $34K near the bottom and $83K near the top, total earnings can include up to $16K from bonuses and up to $11K from profit sharing, with a high-performing minority reaping commissions of $29K. The majority of Retail Branch Managers (61 percent) who took the survey are men. A large number report receiving medical coverage from their employers and the larger part collect dental insurance. The majority of Retail Branch Managers claim high levels of job satisfaction.

$32,203 - $75,790
(Median)
$32K
$52K
$76K
MEDIAN: $52,137
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
$32,203 - $75,790  
   
Bonus
$0.00 - $15,505  
Profit Sharing
$5.79 - $11,234  
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).
)
$34,158 - $82,737  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 213
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
$0.75 - $36.00  
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 - $15,505  
   
Commission
$0.00 - $29,087  
Profit Sharing
$5.79 - $11,234  
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).
)
$34,158 - $82,737  
Country: United States | Currency: USD | Updated: 31 Mar 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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Retail Branch Managers who transition into an upper level Banking Branch Manager position will not necessarily make much more than they do in their current role. The average Banking Branch Manager makes $51K a year.

Branch Manager, Retail Job Listings

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Retail Branch Managers only report a few specific skills. Sales Management and Operations Management are considered valuable skills and can increase employee pay by 10 percent and 5 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Customer Service. Employees educated in Operations Management are typically practiced in Sales Management, too.

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, experience does not seem to be a major factor in determining pay. Relatively untried employees who have less than five years' experience make $46K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $58K. People with 10 to 20 years of experience make an average of about $59K in this role. After two decades in the workforce, the average Retail Branch Manager generally earns more than ever; median pay for this group is estimated at $64K.

Related Job Salaries

United States (change)

Experience Affects Branch Manager, Retail Salaries

Late-Career
up arrow 20%

Experienced
up arrow 11%

Mid-Career
up arrow 9%

National Average
$53,000

Entry-Level
up arrow 13%

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 35 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
2%
1-4 years
25%
5-9 years
27%
10-19 years
27%
20 years or more
19%

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 70%
vision benefits Vision: 63% employee benefits None: 15%