The average salary for a Retail Store Manager is £23,549 per year. The highest paying skills associated with this job are Performance Management and Operations Management. People in this job generally don't have more than 20 years' experience.

£16,967 - £35,719
£17K
£24K
£36K
MEDIAN: £23,662
10%
50%
90%
£6.95 - £11.25
£7
£8
£11
MEDIAN: £8.38
10%
50%
90%
£0£36K
Salary £16,967 - £35,719
Bonus £249 - £5,365
Profit Sharing £403 - £4,966
Commission £0.00 - £4,811
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).
)
£16,347 - £36,787
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 9 Jun 2018
  • Individuals Reporting: 2,707
Hourly Data £0£16
Hourly Rate £6.95 - £11.25
Hourly Tips £0.42
Overtime £0.00 - £16.96
Annual Data £0£36K
Bonus £249 - £5,365
Commission £0.00 - £4,811
Profit Sharing £403 - £4,966
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).
)
£16,347 - £36,787
  • Country: United States
  • Currency: GBP
  • Updated: 9 Jun 2018
  • Individuals Reporting: 447

Job Description for Retail Store Manager

A retail store manager is in charge of overseeing personnel and operations at a retail store. Typically, such stores will specialize in some product offering, although a retail store manager may be hired by department stores to run a section of the larger operation. Retail store managers typically ensure and schedule staff and associates. They train or supervise new hires, interview potential workers, and extend job offers. The manager also ensures that all sales are reconciled daily, with transactions closed and deposits arranged.

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Retail Store Manager Tasks

  • Oversee day-to-day retail operations and staff; monitor and prioritize workflow and schedules.
  • Manage and stock inventory at specified levels.
  • Manage the selection, training and development of staff; ensure monthly sales quota are met.
  • Sell the organization's products and/or services to new or established customers; handle and resolve escalated customer complaints and issues.

Popular Employer Salaries for Retail Store Manager

Common Career Paths for Retail Store Manager


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Retail Store Manager Job Listings

Popular Skills for Retail Store Manager

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 ₤21,000 based on 720 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 ₤24,000 based on 576 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 ₤26,000 based on 490 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 ₤27,000 based on 165 salaries.

Pay Difference by Location

National Average: £23,276

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

Retail Store Manager Reviews

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

Retail Store Manager in Birmingham:
"Hard work."
Pros: The pay is better than average..
Cons: The long hours 60+ hours worked per week.

Retail Store Manager in Farnborough:
"Hard but rewarding."
Pros: Training and coaching.
Cons: Constant employment.

Retail Store Manager in London:
"Energising."
Pros: Pace, people, level of activity.
Cons: Shift work.

Retail Store Manager in Belfast:
"Tough at times but worth it"
Pros: I have a free run on Visual merchandising of my store which I thoroughly enjoy & as i take this role seriously I get great satisfaction when I am able to pay attention to detail & my staff work with me as a team to keep the store well maintained whilst still driving in sales & meetings he stores sales targets each wk
Cons: Hourly rate of pay is lower than average for a managerial position

Related Job Salaries

Key Stats for Retail Store Manager

Gender

Female
48 %
Male
52 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 87 votes.
Less than 1 year
2%
1-4 years
34%
5-9 years
26%
10-19 years
26%
20 years or more
12%

Experience Affects Retail Store Manager Salaries

▲18%

▲11%

▲3%

National Average
₤23,000

▼11%

Skills That Affect Retail Store Manager Salaries

Performance Management
▲63%


Profit & Loss (P&L) Statements
▲5%

Commercial
▲5%

▲4%


▲3%



National Average
₤23,000

▼1%




Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 87 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
2%
1-4 years
34%
5-9 years
26%
10-19 years
26%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 14%
dental benefits
Dental: 5%
vision benefits
Vision: 5%
no benefits
None: 83%