Retail Store Manager with Budget Management Skills Salary

The average Retail Store Manager with Budget Management skills can expect to rake in roughly $46K annually. The pay spectrum stretches from $29K to $74K per year. Total cash compensation to Retail Store Managers with Budget Management skills approaches anywhere from $29K on the lower end to $74K on the higher end; in exceptional cases, this can include more than $13K from bonuses and upwards of $20K from profit sharing. Compensation for this group is mainly affected by the particular firm, but geography and experience level are influential factors as well. Unfortunately, some people in this line of work are without benefits — around one in four lack coverage. On the flip side, a strong majority have medical insurance and the larger part receive dental plans. Women Retail Store Managers with Budget Management skills who took the survey just slightly outnumber men. For the most part, Retail Store Managers with Budget Management skills enjoy their work and report high levels of job satisfaction. This overview 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


Well-known firms with a reputation for hiring numerous Retail Store Managers with Budget Management skills include Dollar General Corporation, Dollar Tree Stores Inc, Starbucks Corporation, CVS / Pharmacy, and Family Dollar Stores Inc. The biggest paychecks can be found at Target Corporation — the median salary there is $85K. Other leaders in compensation levels are Walgreen Co. at $80K, Wal-Mart Stores, Inc at $70K, and Sears Holdings Corporation, where Retail Store Managers with Budget Management skills annually earn $65K.

With a median salary of $37K, Dollar General Corporation provides Retail Store Managers with Budget Management skills with the lowest pay in their field; moreover, earnings are capped at only $50K, limiting employee salary growth. Workers also receive paychecks lighter than average at Family Dollar Stores Inc ($41K), AutoZone, Inc. ($48K), and Dollar Tree Stores Inc ($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, more experience in the field does not usually mean bigger paychecks. Relatively untried employees who have less than five years' experience make $39K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $45K. Retail Store Managers with Budget Management skills see a median salary of $51K after reaching one to two decades on the job. More than 20 years of experience mean a somewhat bigger median paycheck of $54K, but it's not much more than what less experienced people make.

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). Trailing the national average by 8 percent, Portland is the market with the smallest paychecks. Employers pay around 8 percent less in Atlanta and 5 percent less in San Antonio, below-median salaries for those in this field.

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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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