Retail Store Manager with Budget Management Skills Salary

For Retail Store Managers with Budget Management skills, higher-than-average salaries can be found at Target Corporation, where the average employee brings in around $85K relative to the national average of $46K annually for those in this line of work. Those in search of high salaries should also consider Walgreen Co., Sears Holdings Corporation, and CVS Caremark Corporation, top-paying firms where Retail Store Managers with Budget Management skills rake in a comfortable $74K, $65K, or $61K, respectively. Participants in PayScale's salary questionnaire provided the particulars of this report.

$31,353 - $71,321
$31K
$46K
$71K
MEDIAN: $45,702
10%
50%
90%

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$10.13 - $24.13
$10
$15
$24
MEDIAN: $15.46
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
$31,353 - $71,321  
   
Bonus
$495.77 - $12,218  
Profit Sharing
$147.95 - $10,045  
Commission
$0.00 - $12,080  
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).
)
$29,164 - $73,248  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,167
© PayScale, Inc. @ www.payscale.com
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 - $24.13  
   
Hourly Tips
$0.50  
Overtime
$7.18 - $34.90  
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
$495.77 - $12,218  
   
Commission
$0.00 - $12,080  
Profit Sharing
$147.95 - $10,045  
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).
)
$29,164 - $73,248  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 295
© PayScale, Inc. @ www.payscale.com

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Pay by Experience Level for Retail Store Manager

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


For Retail Store Managers with Budget Management skills, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Folks with fewer than five years of experience take home $39K on average, and those who have worked for five to 10 years see a bigger median salary of $44K. Retail Store Managers with Budget Management skills see a median salary of $51K after reaching one to two decades on the job. Retail Store Managers with Budget Management skills with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $57K.

Pay Difference by Location

National Average: $45,455

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

Retail Store Managers with Budget Management skills will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 41 percent. Retail Store Managers with Budget Management skills can also look forward to large paychecks in cities like New York (+37 percent), Philadelphia (+32 percent), Miami (+24 percent), and Los Angeles (+17 percent). With compensation 10 percent below the national average, Columbus is not known for hefty paychecks and actually represents the lowest-paying market. Below-median salaries also turn up in San Antonio and Minneapolis (3 percent lower and 1 percent lower, respectively).

Key Stats for Retail Store Manager

Gender

Female
51 %
Male
49 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 289 votes.
Less than 1 year
1%
1-4 years
27%
5-9 years
24%
10-19 years
30%
20 years or more
19%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Retail Store Manager Salaries

▲26%

▲13%

National Average
$45,000

▼3%

▼15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 289 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
1%
1-4 years
27%
5-9 years
24%
10-19 years
30%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 64%
vision benefits
Vision: 57%
dental benefits
None: 27%
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