Retail Store Manager in Memphis, Tennessee Salary

With just over a half of Retail Store Managers in Memphis, Tenn. reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Memphis Retail Store Managers is $44K annually and can range from $25K on the lower end to $68K per year near the higher end. Most workers in this position report moderate levels of job satisfaction. Women are just slightly outnumbered, with male Retail Store Managers in Memphis making up 52 percent of survey respondents. Although a strong majority have medical coverage and the larger part have dental coverage, nearly one in four claim no health benefits at all. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$27,966 - $70,876
$28K
$44K
$71K
MEDIAN: $43,909
10%
50%
90%

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$9.93 - $18.12
$9
$13
$18
MEDIAN: $12.80
10%
50%
90%

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Local 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$24K$48K$72K
Salary
$27,966 - $70,876  
   
Bonus
$140.00 - $11,792  
Commission
$3,700  
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).
)
$24,962 - $68,424  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 32
Local 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$12$24$36
Hourly Rate
$9.93 - $18.12  
   
Overtime
$18.28  
Local 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$24K$48K$72K
Bonus
$140.00 - $11,792  
   
Commission
$3,700  
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).
)
$24,962 - $68,424  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 18

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About Memphis, Tennessee

Shelby County, Tennessee
655,760
Male:
312,237 (47.6%)
Female:
343,523 (52.4%)
Memphis is a city in the southwestern corner of the U.S. state of Tennessee and the county seat of Shelby County. The city is located on the fourth Chickasaw Bluff, south of the confluence of the Wolf and Mississippi rivers. Memphis had a population of 653,450 in 2013, making it the largest city in the state of Tennessee. It is the largest city on the Mississippi River, the third largest in the greater Southeastern United States, and the 23rd largest in the United States. The greater Memphis metropolitan area, including adjacent counties in Mississippi and Arkansas, had a 2014 population of 1,317,314. This makes Memphis the second-largest metropolitan area in Tennessee, surpassed by metropolitan Nashville. Memphis is the youngest of Tennessee's major cities, founded in 1819 as a planned city by a group of wealthy Americans including judge John Overton and future president Andrew Jackson. A resident of Memphis is referred to...
Memphis:
$36,908
Tennessee:
$47,275
$826
Memphis:
$94,400
Tennessee:
$150,600
6.5%

Retail Store Manager Job Listings

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Pay by Experience Level for Retail Store Manager

Pay by Experience for a Retail Store Manager has a positive trend. An entry-level Retail Store Manager with less than 5 years of experience can expect to earn an average total compensation of $31,000 based on 15 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Retail Store Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $39,000 based on 20 salaries. An experienced Retail Store Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $42,000 based on 22 salaries. A Retail Store Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $45,000 based on 7 salaries.

Key Stats for Retail Store Manager

Gender

Female
48 %
Male
52 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.
1-4 years
26%
5-9 years
20%
10-19 years
40%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Retail Store Manager Salaries

Late-Career
▲13%

▲6%

National Average
$40,000

Mid-Career
▼1%

▼21%

Skills That Affect Retail Store Manager Salaries

People Management
▲12%

Budget Management
▲10%

Sales Management
▲9%

Operations Management
▲8%

▲5%

Leadership
▲5%

Sales
▲5%

Scheduling
▲5%

Hiring
▲3%

National Average
$40,000

Merchandising
▼2%

Training
▼8%

Customer Relations
▼9%

Team Leadership
▼9%


Inventory Management
▼16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

1-4 years
26%
5-9 years
20%
10-19 years
40%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 64%
vision benefits
Vision: 58%
no benefits
None: 25%