Gift Shop Manager Salary
The larger portion of Gift Shop Managers in the United States are women. Median pay in this female-dominated area goes for around $13.48 per hour. The income range spans the entire spectrum between $9.74 per hour and $20.85. Some workers in this field — more than a third — are not awarded benefits. Medical coverage is reported by a majority and dental plans are enjoyed by about one-half. Job satisfaction for Gift Shop Managers is high. This snapshot results from replies to PayScale's salary survey.
Job Description for Gift Shop Manager
Gift shop managers are retail store managers who sell items which are generally given as gifts to other people. Managerial duties of this position include assisting customers, taking inventory, ordering products, cashier duties, bookkeeping, interviewing, hiring, and training employees, assigning tasks, creating employees' schedules, handling customers' complaints, stocking shelves, market research, and advertising.Read More...
Gift shop managers must be highly knowledgeable of the shop, its operations, the products sold, and other information related to gifts and retail stores in general. They usually employ a staff of one to fifteen employees depending on the store's size, location, and revenue.
A high school diploma is often a minimum requirement for this position, and a college degree in a business field is highly beneficial. These managers typically work during regular weekly business hours and may also fill in when an employee cannot fulfill a particular shift. Many managers arrive early or after-hours once per week for weekly inventory counts and setting product orders for the following week, and overtime work may be necessary around the holiday season when business increases.
Gift Shop Manager Tasks
- Develop rapport and make connections with the retail team and customers.
- Set and track retail goals and objectives.
- Manage overall day to day operations of the store, including hiring, reviewing, and employee scheduling.
- Assist in planning annual or specific budgets.
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Popular Skills for Gift Shop Manager
Professional skills reported by Gift Shop Managers are few in number. Most notably, skills in Inventory Management, Customer Service, Purchasing, and Sales are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Sales. For most people, competency in Customer Service indicates knowledge of Purchasing.
Pay by Experience Level for Gift Shop Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Relatively untried employees who have less than five years' experience make $28K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $36K. For Gift Shop Managers, 10 to 20 years of experience on the job amounts to an average salary of $33K. People who have worked for more than 20 years report a median income no higher than the median for folks with 10 to 20 years of experience.