Mall Manager Salary
The average salary for a Mall Manager is $80,214 per year.
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|Salary||$48,380 - $148,755|
|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).)
|$25,832 - $170,549|
Job Description for Mall Manager
A mall manager aims to keep a mall in good working order. He or she makes sure operations are running smoothly. The mall manager should make sure that the mall facilities are working well, so that the mall will be attractive for tenants and visitors.Read More...
The mall manager aims to increase profitability. This can be done by securing new tenants and reaching agreements that are beneficial to the mall. Another important thing is to keep track of a budget and to make sure that mall employees are using resources effectively. The services and supplies used in the mall may be chosen by the mall manager, so it is important to make wise financial decisions. The mall manager will usually work with leasing representatives to create leasing plans and incentives. The mall manager may also oversee a marketing team, which will create marketing schemes aimed at tenants and visitors. This includes involving retailers in sales and promotions, creating mall events and programs, and using social media to reach clients. The mall manager will work with a variety of people on a daily basis, so strong communication skills are important. Sometimes, it may be necessary to work with government entities to make sure that the necessary permits are in order.
Usually, a minimum of a bachelor’s degree in something such as business, management, or marketing will be necessary. Since this is an advanced position, the mall manager will be expected to have many years of related experience in a position within the retail field.
Mall Manager Tasks
- Manage leasing of mall space to businesses and negotiation of contracts.
- Maintain mall facilities to improve client and public experience, and to maximize property value.
- Ensure good relations between mall management and the public.
- Administer mall budget, analyze and report financial data, and work to maximize profits.
- Create business and marketing plans and oversee their implementation by mall staff.
Pay by Experience Level for Mall Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Key Stats for Mall Manager
Rated 3 out of 5
based on 2 votes.