Retail Store Manager with Budget Management Skills Salary

Retail Store Managers with Budget Management skills can expect to earn an average of $46K annually. Compensation ranges from $29K on the lower end to $74K per year on the higher end. Cash earnings for Retail Store Managers with Budget Management skills — which occasionally include more than $13K from bonuses and more than $20K from profit sharing — stretch from around $29K to approximately $74K. The most important factor affecting compensation for this group is the particular firm, followed by geography and experience level. Women make up a slight majority of Retail Store Managers with Budget Management skills (53 percent) survey respondents. The majority of Retail Store Managers with Budget Management skills claim high levels of job satisfaction. One-fourth of professionals in this line of work do not receive benefits; however, a strong majority report medical coverage and more than half claim dental coverage as well. This report is based on answers to PayScale's salary questionnaire.

$31,070 - $70,290
(Median)
$31K
$46K
$70K
MEDIAN: $45,799
10%
50%
90%

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$10.11 - $24.64
(Median)
$10
$15
$25
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
$31,070 - $70,290  
   
Bonus
$289.22 - $12,577  
Profit Sharing
$146.81 - $19,678  
Commission
$0.00 - $14,446  
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).
)
$29,274 - $74,059  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,589
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
$10.11 - $24.64  
   
Hourly Tips
$2.63  
Overtime
$12.04 - $34.68  
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
$289.22 - $12,577  
   
Commission
$0.00 - $14,446  
Profit Sharing
$146.81 - $19,678  
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).
)
$29,274 - $74,059  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 330
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Popular Employer Salaries for Retail Store Manager


Dollar General Corporation, Dollar Tree Stores Inc, Starbucks Corporation, CVS / Pharmacy, and Family Dollar Stores Inc are top-notch employers for Retail Store Managers with Budget Management skills in this area. Target Corporation leads the field in terms of pay, with a median salary of $85K. Those in search of high salaries should also consider Walgreen Co., Wal-Mart Stores, Inc, and Sears Holdings Corporation, top-paying firms where Retail Store Managers with Budget Management skills rake in a comfortable $80K, $70K, or $65K, respectively.

Dollar General Corporation offers the least pay with a median salary of $37K; furthermore, salaries there max out at only $50K. Family Dollar Stores Inc, AutoZone, Inc., and Dollar Tree Stores Inc also scrape the bottom of the pay scale, with median earnings hovering around $41K, $48K, and $49K.

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, experience does not seem to be a major factor in determining pay. Respondents with less than five years' experience take home $39K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $45K. Retail Store Managers with Budget Management skills with one to two decades of relevant experience report an average salary of approximately $51K. 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 $54K.

Pay Difference by Location

National Average: $46,323

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

For those looking to make money, Retail Store Managers with Budget Management skills in San Francisco enjoy an exceptional pay rate, 45 percent above the national average. Retail Store Managers with Budget Management skills can also look forward to large paychecks in cities like Denver (+30 percent), New York (+29 percent), Las Vegas (+25 percent), and San Diego (+17 percent). Those in the field find the lowest salaries in Portland, 8 percent below the national average. Workers in Atlanta and San Antonio earn salaries that trail the national average for those in this profession (8 percent less and 5 percent less, respectively).

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Experience Affects Retail Store Manager Salaries



National Average
$46,000



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 342 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
1%
1-4 years
22%
5-9 years
27%
10-19 years
31%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 65%
medical benefits
Vision: 55%
dental benefits
None: 24%
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