Project Manager, Retail Planning & Development Salary
Median pay for Retail Planning & Development Project Managers in the United States lies in the neighborhood of $60K per year. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Retail Planning & Development Project Managers survey participants are largely women, dominating at 64 percent. Most Retail Planning & Development Project Managers like their work and job satisfaction is high. A large number enjoy medical while more than half get dental coverage. Vision coverage is also available to a majority. This report is based on answers to PayScale's salary questionnaire.
|Salary||$42,376 - $110,738|
|Total Pay (||$42,533 - $126,691|
Job Description for Project Manager, Retail Planning & Development
Project managers of retail planning and development are responsible for managing all aspects of the project-planning and development processes for a retail-oriented organization. These individuals are in charge of leading a group of retail professionals in meeting all company objectives in a timely manner and must demonstrate leadership skills by completing retail development objectives to increment productivity with less use of company resources.Read More...
Among the main responsibilities of these project managers are contacting vendors to order specific products and overseeing shipping and unloading processes. These individuals must be organized, pay close attention to detail to minimize retail delays, and multitask on a variety of projects. They generally work in a fast-paced environment to coordinate efforts and meet all retail goals with the help of different departments and should have strong interpersonal skills to interact with suppliers and clients.
Those in this position must also strive to follow strict safety regulations to prevent accidents at work. They generally use a personal computer to create inventory and sales plans and organize retail efforts to increase productivity using new methodologies. They also participate in development meetings to suggest new planning methods for key milestones and delivery products.
Finally, additional responsibilities of these project managers include creating effective merchandise plans, performing product analyses to increase efficiency, managing season forecasts, running risk analyses, and reconciling inventory efforts.
A Bachelor's degree in Merchandise Planning, Business Development, or a related field is required for this position, and previous years of experience in a retail-planning or managerial position can be helpful. Industry and leadership certifications are also beneficial. (Copyright 2017 PayScale.com)
Project Manager, Retail Planning & Development Tasks
- Identify property for new retail store locations and negotiate terms for lease or sale of property.
- Develop a schedule of milestones for project completion.
- Oversee contractor bidding process and negotiate contracts with selected contractors.
- Construct project budget and conduct financial analysis to determine viability of project.
- Obtain required building and land use permits, and manage legal paperwork associated with project site.
Project Manager, Retail Planning & Development Job Listings
Pay by Experience Level for Project Manager, Retail Planning & Development
Pay by Experience for a Project Manager, Retail Planning & Development has a positive trend. An entry-level Project Manager, Retail Planning & Development with less than 5 years of experience can expect to earn an average total compensation of $52,000 based on 12 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Project Manager, Retail Planning & Development with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $62,000 based on 11 salaries. An experienced Project Manager, Retail Planning & Development which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $87,000 based on 7 salaries. A Project Manager, Retail Planning & Development with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $125,000 based on 6 salaries.
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