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Branch Manager, Retail Salary

For Retail Branch Managers, yearly average wages total $52K annually. Including potential for bonuses, profit sharing and commission — peaking near $15K, $11K, and $29K, respectively — total cash payment to Retail Branch Managers can bottom out near $34K or top out at around $83K. For the most part, Retail Branch Managers enjoy their work and report high levels of job satisfaction. Men account for the majority of Retail Branch Managers who responded to the questionnaire — 61 percent to be exact. Medical benefits are awarded to most, and the greater part earn dental coverage.

$32,407 - $76,772
(Median)
$32K
$52K
$77K
MEDIAN: $52,193
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
$32,407 - $76,772  
   
Bonus
$0.00 - $15,456  
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).
)
$34,341 - $83,364  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 220
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 - $15,456  
   
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).
)
$34,341 - $83,364  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 30

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United States (change)


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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' salary tends to stay somewhat level for those who assume higher-end positions like Banking Branch Manager. Median pay for Banking Branch Managers is $51K.

Branch Manager, Retail Job Listings

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Retail Branch Managers note just a narrow range of job skills. Sales Management and Operations Management are considered valuable skills and can increase employee pay by 9 percent and 4 percent, respectively. Skills that pay less than market rate include Customer Service. Those with knowledge of Operations Management tend to be skilled in Sales Management as well.

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. Those in the early stages of their career can expect to make around $47K; however, individuals with five to 10 years of experience bring in $58K on average — a distinctly larger sum. For Retail Branch Managers, 10 to 20 years of experience on the job amounts to an average salary of $58K. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $66K.

Related Job Salaries

United States (change)

Experience Affects Branch Manager, Retail Salaries

Late-Career
up arrow 25%

Experienced
up arrow 9%

Mid-Career
up arrow 8%

National Average
$53,000

Entry-Level
up arrow 12%

Skills That Affect Branch Manager, Retail Salaries


Operations Management
up arrow 4%

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
27%
20 years or more
20%

Common Health Benefits

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