Branch Manager, Retail Salary

An average Retail Branch Manager in the United States can expect to take home roughly $53K annually. In the world of Retail Branch Managers, total cash compensation ranges from $35K on the lower end to $84K on the higher end; this includes bonuses that reach $15K and profit sharing that approaches $11K in rare cases, with some high rollers snagging commissions as high as $28K. Male Retail Branch Managers are more prevalent than women among those who took the survey — 61 percent of professionals. The majority of Retail Branch Managers claim high levels of job satisfaction. Most enjoy medical while the greater part get dental coverage. Vision coverage is also available to the larger part. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$32,837 - $76,908
(Median)
$33K
$53K
$77K
MEDIAN: $52,700
10%
50%
90%

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$10.64 - $25.86
(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
$32,837 - $76,908  
   
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).
)
$34,709 - $83,631  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 234
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
$10.64 - $25.86  
   
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 - $15,351  
   
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).
)
$34,709 - $83,631  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 31
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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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Professional skills reported by Retail Branch Managers are few in number. Sales Management and Operations Management are considered valuable skills and can increase employee pay by 10 percent and 5 percent, respectively. Skills that pay less than market rate include 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.


Experience does not seem to be a strong driver of pay increase in this role. Salaries for the relatively untried average out to around $47K, but survey participants with five to 10 years of experience earn a significantly higher median of $57K. Retail Branch Managers see a median salary of $59K after reaching one to two decades on the job. After two decades in the workforce, the average Retail Branch Manager generally earns more than ever; median pay for this group is estimated at $67K.

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Experience Affects Branch Manager, Retail Salaries

Late-Career
up arrow 26%

Experienced
up arrow 10%

Mid-Career
up arrow 7%

National Average
$54,000

Entry-Level
up arrow 12%

Skills That Affect Branch Manager, Retail Salaries



National Average
$54,000

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
23%
5-9 years
27%
10-19 years
28%
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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