Retail Director Salary

For Retail Directors, yearly average wages total $94K annually. Women make up a slight majority of Retail Directors (50 percent) survey respondents. Men working as Retail Directors who took the survey just slightly outnumber women at 50 percent. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. For the most part, Retail Directors enjoy their work and report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.

$44,831 - $171,614

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70K$140K$210K
Salary
$44,831 - $171,614  
   
Bonus
$-0.49 - $39,336  
Profit Sharing
$2,948 - $12,208  
Commission
$0.00 - $3,750  
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).
)
$45,166 - $189,140  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 131
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Retail Director

A retail director works under the direction of the president of a particular company. Their main responsibility is to direct all retail operations and staff. The director must provide leadership and management skills to the department and oversee all purchases to ensure the company maintains steady growth and increasing profitability. The retail director's main duties typically include implementing relevant policies (which are most often made by the board of directors), managing all operations in the retail department, researching new vendors, and maintaining good relationships with existing vendors. They also order all apparel and non-apparel items, ensure there is an appropriate amount of stock at all times, and maintain excellent tracking on all purchase orders. Retail directors need to communicate effectively with colleagues and work well with subordinates, providing guidance, training, and discipline as needed.

Read More...

Retail Director Tasks

  • Keep records of sales made in departments and by each employee, analyzing the results to find trends.
  • Train employees in sales strategies and help employees improve individual performances.
  • Develop sales strategies and objectives for a retail store and for the each of the store’s employees.
  • Identify products and services with the greatest potential for increasing revenue.

Retail Sales Director Job Listings

Search for more jobs:


Professional skills reported by Retail Directors are few in number. Those who have experience with Merchandising, Operations Management, and People Management can expect to be compensated well for these skills. Skills that are correlated to lower pay, on the other hand, include People Management and Operations Management.

Pay by Experience Level for Retail Director

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Those in the early stages of their career can expect to make around $57K; however, individuals with five to 10 years of experience bring in $83K on average — a distinctly larger sum. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $114K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $103K on average.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Retail Director Salaries

Experienced
up arrow 15%

Late-Career
up arrow 3%

National Average
$100,000

Mid-Career
up arrow 17%

Entry-Level
up arrow 43%

Skills That Affect Retail Director Salaries

Merchandising
up arrow 15%

National Average
$100,000

Operations Management
up arrow 12%

People Management
up arrow 14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

1-4 years
12%
5-9 years
18%
10-19 years
39%
20 years or more
31%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 74%
vision benefits Vision: 61% employee benefits None: 11%
ADVERTISEMENT