Retail Coordinator Salary
Job Description for Retail Coordinator
Retail coordinators are responsible for ensuring that company policies and procedures remain consistent across individual locations. As such, they often have a great deal of input when deciding on the site for a new retail store, and they also influence the hiring and training of employees and the how the store is initially stocked.Read More...
Although the scope of a retail coordinator's duties can vary depending on the company, they typically work closely with the store's other managers to help them identify potential employees who would be of the most benefit to the company. During the first ninety days of a new hire's employment, the retail coordinator performs evaluations to ensure that the candidate is a good fit for the position, and another important aspect of the job involves working with sellers to establish aims for the store's profitability. These coordinators may work with each team at each store to set specific goals, motivate them to succeed, and offer advice and guidance, and based on their active role in the store's performance, they may also be asked for input on annual evaluations.
Although some companies prefer candidates with college degrees in business administration, sales, or marketing, others focus entirely on hands-on experience. Aspiring retail coordinators can benefit from strong organizational skills and an understanding of how to best manage large teams of employees at once.
Retail Coordinator Tasks
- Track and manage territory business for accounts.
- Independently manage and adjust rotation schedule as needed to meet business needs.
- Develop business-driving strategies through the use of sales contests and creative merchandising.
- Identify additional wholesale and retail business opportunities.
- Maintain a clear understanding of financial goals and product initiatives.
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Pay by Experience Level for Retail Coordinator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Relatively untried employees who have less than five years' experience have a median salary of $40K. Those who have been around for five to 10 years can expect to take home more — $40K on average. Retail Coordinators with one to two decades of relevant experience report an average salary of approximately $38K. Average wages for folks with more than 20 years of experience come out to around $45K.
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