£23,514
Avg. Salary
£8.62
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

£1,030

Profit Sharing

£2,500

Commission

£1,680

The average pay for a Retail Manager is £8.62 per hour.

The average pay for a Retail Manager is £23,514 per year.

$7
10%
$9
50%
$12
90%
MEDIAN $9
$17k
10%
$24k
50%
$34k
90%
MEDIAN $23,514
£17,136 - £33,910
£17K
£24K
£34K
MEDIAN: £23,514
10%
50%
90%
£7.14 - £12.22
£7
£8
£12
MEDIAN: £8.62
10%
50%
90%
£0£34K
Salary £17,136 - £33,910
Bonus £204 - £4,884
Profit Sharing £2,500
Commission £0.00 - £3,960
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).
)
£16,518 - £34,634
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 13 Oct 2018
  • Individuals Reporting: 616
Hourly Data £0£23
Hourly Rate £7.14 - £12.22
Overtime £1.49 - £23.46
Annual Data £0£34K
Bonus £204 - £4,884
Commission £0.00 - £3,960
Profit Sharing £2,500
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).
)
£16,518 - £34,634
  • Country: United States
  • Currency: GBP
  • Updated: 13 Oct 2018
  • Individuals Reporting: 96

Job Description for Retail Manager

Retail managers are in charge of overseeing the operation of a retail store, including hiring and firing store employees, overseeing inventory, and managing customer service. The responsibilities of a retail manger vary depending on the size of the store. Many times, managers in small stores have a wider range of responsibilities than managers in larger ones. Managers of small stores typically control inventory and set prices; in some cases, they are in charge of deciding when inventory goes on sale. Large retail shops usually have computers track their inventory and do not have much control on pricing or sales; in these cases, it is the manager’s responsibility to ensure that the inventory is priced correctly.

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Retail Manager Tasks

  • Manage overall day to day operations of the store, including hiring, reviewing, and employee scheduling.
  • Assist in planning annual or specific budgets.
  • Develop rapport and make connections with the retail team and customers.
  • Set and track retail goals and objectives.

Retail Manager Pay By Employer

$0$81K

$53,234

$41,661

Sodexo, Inc.
17 profiles
$43,665

$41,929

$37,651

CVS / Pharmacy
12 profiles
$57,767

$42,208

$38,549

$51,450

$57,617

Retail Manager Job Listings

Popular Skills for Retail Manager

Pay by Experience Level for Retail Manager

Pay by Experience for a Retail Manager has a positive trend. An entry-level Retail Manager with less than 5 years of experience can expect to earn an average total compensation of ₤21,000 based on 136 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Retail Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤23,000 based on 133 salaries. An experienced Retail Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤24,000 based on 129 salaries. A Retail Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤24,000 based on 49 salaries.

Pay Difference by Location

9%

-5%

-7%

-13%

National Average: £23,276

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

Retail Manager Reviews

Q: What is it like working as a Retail Manager?

Retail Manager in Birmingham:
"Great."
Pros: Interaction with customers
Cons: Not being paid enough for all the work i do

Retail Manager in Poole:
"How stressfull."
I would advise that you do not employ friends or family and lead by example.

Retail Manager in Dudley:
"Underpaid And Overworked."
Pros: Above minimum wage salary, not being told what to do.
Cons: Cleaning up previous managers mess, dealing with horrible customer issues, firing staff, dealing with incompetent staff, hiring staff, working in an unsafe shop.

Retail Manager in Belfast:
"No Flexible Work For Night Managers, Working 12-14 Hours A Day."
Pros: I enjoy management and work well with the staff on my shift.
Cons: The work to life ratio is work and no life. You are expected to work at least 1-2 hours after your shift and start 1 hour before it so an extra 3 hours a day. This results in your working week is work and sleep. You're lucky if you can manage time for 6-8 hours a day. This then tends to lead to exhaustion so you sleep most of your days off. No time for life.

Retail Manager in London:
"Career path."
Not be friend with staff.

Retail Manager in Manchester:
"Long hours and Difficulty in Balancing Home/Work Life."
Understand the developmental journey. Understand potential of earnings and the full package. Be able and willing to commit to long term pace and energy required to fulfill long hours and unsociable hours. Be willing to perform to customers and team on a consistently upbeat basis. Be willing and able to develop self and others.

Related Job Salaries

Key Stats for Retail Manager

Gender

Female
54 %
Male
46 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.
Less than 1 year
2%
1-4 years
27%
5-9 years
26%
10-19 years
30%
20 years or more
15%

Experience Affects Retail Manager Salaries

▲4%

▲1%

National Average
₤23,000

▼1%

▼11%

Skills That Affect Retail Manager Salaries

Profit & Loss (P&L) Statements
▲29%

Operations Management
▲1%

National Average
₤23,000








Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
26%
10-19 years
30%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 13%
dental benefits
Dental: 6%
vision benefits
Vision: 7%
no benefits
None: 83%