Retail Store Manager with Budget Management Skills Salary
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.
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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
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.