For Retail Store Managers with Budget Management skills, annual average wages total $45K per year. The final incomes of Retail Store Managers with Budget Management skills generally vary between $29K and $73K; higher pay grades include potential for bonuses, profit sharing, and commissions as high as $12K, $20K, and $12K, respectively. The particular firm is the main element affecting pay for this group — the particular city and experience level are driving factors as well. The majority of Retail Store Managers with Budget Management skills claim high levels of job satisfaction. Roughly one in four of professionals in this line of work do not receive benefits; however, a fair number report medical coverage and the greater part claim dental coverage as well. Women make up a slight majority of Retail Store Managers with Budget Management skills (51 percent) survey respondents. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$30,919 - $70,769
(Median)
$31K
$45K
$71K
MEDIAN: $45,174
10%
50%
90%

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$10.13 - $24.48
(Median)
$10
$15
$24
MEDIAN: $15.00
10%
50%
90%

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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$25K$50K$75K
Salary
$30,919 - $70,769  
   
Bonus
$495.32 - $12,211  
Profit Sharing
$650 - $20,387  
Commission
$0.00 - $12,164  
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).
)
$28,856 - $73,021  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,194
National Hourly Rate 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$13$26$39
Hourly Rate
$10.13 - $24.48  
   
Hourly Tips
$0.50  
Overtime
$7.04 - $34.96  
National Annualized 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$26K$52K$78K
Bonus
$495.32 - $12,211  
   
Commission
$0.00 - $12,164  
Profit Sharing
$650 - $20,387  
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).
)
$28,856 - $73,021  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 310
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Popular Employer Salaries for Retail Store Manager


Dollar General Corporation, Dollar Tree Stores Inc, Family Dollar Stores Inc, CVS / Pharmacy, and Starbucks Corporation are top-notch employers for Retail Store Managers with Budget Management skills in this area. Those at Target Corporation can expect to make the most, with the company offering a median salary of $85K. Also paying near the top of the field are Walgreen Co. at $75K, PetSmart Inc. at $73K, and Sears Holdings Corporation, where Retail Store Managers with Budget Management skills annually earn $65K.

Dollar General Corporation employees cannot expect much in terms of compensation — the median salary amounts to only $38K, less than half of the top paying employer's rate. Other low-paying employers include Goodwill Industries at $39K and Family Dollar Stores Inc at $42K, though some Retail Store Managers with Budget Management skills there earn up to $59K.

Pay by Experience Level for Retail Store Manager

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


Experience and pay tend to be weakly linked for Retail Store Managers with Budget Management skills — those with more experience do not necessarily bring in higher earnings. Average salaries for inexperienced employees average out to around $39K, but folks who have five to 10 years of experience earn a higher median of $44K. Retail Store Managers with Budget Management skills see a median salary of $51K after reaching one to two decades on the job. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $56K.

Pay Difference by Location

National Average: $45,111

Larger city markers indicate a job is popular in that location.

For Retail Store Managers with Budget Management skills, busy San Francisco offers a higher-than-average pay rate, 49 percent above the national average. Retail Store Managers with Budget Management skills will also find cushy salaries in New York (+45 percent), Philadelphia (+33 percent), Los Angeles (+18 percent), and San Diego (+17 percent). Columbus is home to the smallest salaries in the field, lagging the national average by 7 percent.

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Experience Affects Retail Store Manager Salaries



National Average
$45,000

Mid-Career
up arrow 2%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 284 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
1%
1-4 years
28%
5-9 years
24%
10-19 years
29%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 64%
medical benefits
Vision: 56%
dental benefits
None: 27%
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