Branch Manager, Retail Salary

An average Retail Branch Manager in the United States can expect to take home roughly $52K per year. Including potential for bonuses and profit sharing — peaking near $15K and $11K, respectively — total cash payment to Retail Branch Managers can bottom out near $35K or peak near $82K depending on individual performance. For the most part, Retail Branch Managers enjoy their work and report high levels of job satisfaction. The majority of Retail Branch Managers (60 percent) who took the survey are men. A large number report receiving medical coverage from their employers and more than half collect dental insurance.

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

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

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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
$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
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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 go on to become Banking Branch Managers may see somewhat stagnant compensation. On average, a Banking Branch Manager, an upper-level role, pays $51K.

Branch Manager, Retail Job Listings

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Typical Retail Branch Managers report a focused set of job skills. Most notably, skills in Operations Management, Sales Management, Customer Service, and Sales are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Sales and Customer Service. Competency in Operations Management frequently indicates 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.


More years of relevant experience do not necessarily translate to higher paychecks. The average inexperienced worker earns $49K, and someone who has worked for five to 10 years can expect a bigger median salary of $56K. Retail Branch Managers with one to two decades of relevant experience report an average salary of approximately $57K. 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.

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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%
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