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Branch Manager, Retail Salary

Retail Branch Managers in the United States pull down an average of $51K annually. Overall compensation packages to Retail Branch Managers range from $34K on the low end to $82K on the high end; this includes bonuses that peak near $15K and profit sharing that approaches $11K, with some high rollers snagging commissions as high as $29K. There are more male Retail Branch Managers than female among those who completed the questionnaire, making up 64 percent. A strong majority report receiving medical coverage from their employers and the greater part collect dental insurance. For the most part, Retail Branch Managers enjoy their work and report high levels of job satisfaction.
$31,744 - $75,046
(Median)
32K
40K
51K
62K
75K
MEDIAN: $51,007
10%
25%
50%
75%
90%

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$10.50 - $26.01
(Median)
10
15
18
21
26
MEDIAN: $17.00
10%
25%
50%
75%
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
$31,744 - $75,046  
   
Bonus
$0.00 - $15,121  
Profit Sharing
$5.70 - $11,335  
Commission
$0.00 - $29,361  
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).
)
$33,553 - $81,998  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 201
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
$10.50 - $26.01  
   
Overtime
$0.30 - $34.90  
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 - $15,121  
   
Commission
$0.00 - $29,361  
Profit Sharing
$5.70 - $11,335  
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).
)
$33,553 - $81,998  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 29
United States (change)

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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Just a handful of professional skills are reported by Retail Branch Managers who took the survey. Those who have experience with Sales Management, Operations Management, and Customer Service can expect to be compensated well for these skills. At the other end of the pay range are skills like Customer Service. It is not unusual for someone who knows Operations Management to be familiar with 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.


For many Retail Branch Managers, extensive experience does not lead to significantly more money. Workers in their first five years can expect to earn $47K, but people who have been around for five to 10 years earn a noticeably bigger sum of $58K. Retail Branch Managers who work for 10 to 20 years in their occupation tend to earn about $58K. In the end, more experience does seem to mean larger paychecks; seasoned Retail Branch Managers with more than 20 years of experience earn a predictably higher median salary of $64K.

Related Job Salaries

Experience Affects Branch Manager, Retail Salaries

Late-Career
up arrow 22%

Experienced
up arrow 12%

Mid-Career
up arrow 11%

National Average
$52,000

Entry-Level
up arrow 10%

Skills That Affect Branch Manager, Retail Salaries


Operations Management
up arrow 2%

National Average
$52,000

Customer Service
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 33 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
2%
1-4 years
28%
5-9 years
25%
10-19 years
26%
20 years or more
19%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 68%
vision benefits Vision: 58% employee benefits None: 17%