General Store Manager Salary
Pay for General Store Managers in the United States sits in the ballpark of $46K annually. Including potential for bonuses, profit sharing and commission — peaking near $15K, $18K, and $20K, respectively — total cash payment to General Store Managers can bottom out near $29K or top out at around $78K. The company is the main element affecting pay for this group — geography and years of experience are driving factors as well. Male General Store Managers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 54 percent of the field. Over a third of professionals in this line of work do not receive benefits; however, a majority report medical coverage and over one-half claim dental coverage as well. Most General Store Managers report high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
Job Description for General Store Manager
The general store manager is the senior manager in the daily operations of a particular store. As the senior manager, they perform a variety of tasks to ensure the store's smooth operation, such as relaying, adopting, and implementing corporate policy. They monitor the performance of the store and work with other managers and employees to ensure that an acceptable level of performance is met. On top of the operations aspect of the job, the general manager also works closely with employees to ensure a high level of customer care. They also usually have the final word on resolving customer issues and complaints.Read More...
Another focus for the general manager is the supply side of the store. Often, they are the person ultimately responsible for ensuring that merchandise is ordered and properly inventoried. The general store manager also performs several human resource related functions such as recruiting, screening, hiring, and training. Additionally, they often are in charge of implementing rules and procedures that allow the store to comply with governmental laws and regulations.
General store managers often work flexible schedules that work around peak customer hours. While all general managers need to be well organized and have exceptional communication skills, the level of education required to be a general store manager varies greatly. Some positions may require a high school diploma and several years of experience, while other positions may call for a bachelor's degree in business or a related discipline.
General Store Manager Tasks
- Manage overall day to day operations of the store, including hiring, reviewing, and employee scheduling.
- Assist in planning annual or specific budgets.
- Develop rapport and make connections with the retail team and customers.
- Set and track retail goals and objectives.
Common Career Paths for General Store Manager
Retail Store Manager Job Listings
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Popular Employer Salaries for General Store Manager
Well-known firms with a reputation for hiring numerous General Store Managers include Dollar General Corporation, Advance Auto Parts, Inc., Petco Animal Supplies, Inc., Family Dollar Stores Inc, and McDonald's Corporation. Sears Holdings Corporation attracts talent by shelling out the biggest paychecks in the area — the median in that office is $81K. CVS / Pharmacy, Petco Animal Supplies, Inc., and AutoZone, Inc. are a few other companies that offer generous salaries, with General Store Managers earning around $68K, $52K, or $52K at each firm, respectively.
Subway Restaurant Inc pays significantly less than other places with a median salary of $30K, 166 percent less than the top paying company. Dunkin' Donuts, Dollar General Corporation, and Family Dollar Stores Inc are a few other employers known for handing out relatively lightweight salaries ($32K, $36K, and $41K respectively).
Popular Skills for General Store Manager
General Store Managers seem to exploit a large range of skills on the job. Most notably, facility with Profit & Loss Statements, People Management, and Merchandising are correlated to pay that is significantly above average, leading to increases of 48 percent, 17 percent, and 3 percent, respectively. Those listing Order Inventory as a skill should be prepared for drastically lower pay. Inventory Control and Customer Relations also typically command lower compensation. The majority of those who know Customer Service also know Operations Management.
Pay by Experience Level for General Store Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience seems to be a major factor in determining the incomes of General Store Managers. People who have worked for fewer than five years bring home $39K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $46K. People with 10 to 20 years of experience make an average of about $52K in this role. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $65K on average.
Pay Difference by Location
For General Store Managers, San Francisco provides a pay rate that is 51 percent greater than the national average. General Store Managers can also look forward to large paychecks in cities like Chicago (+44 percent), Houston (+16 percent), New York (+15 percent), and Los Angeles (+15 percent). Dallas ranks last in the field for pay, reporting salaries 13 percent below the national average. Workers in Louisville and Atlanta earn salaries that trail the national average for those in this profession (7 percent less and 6 percent less, respectively).