The average salary for a Retail General Manager (GM) at Best Buy is $81,061.
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Job Description for Retail General Manager (GM)
Retail general managers are responsible for running the retail store. They mange everything from checking inventory to disciplining and training employees to deciding which products to stock on shelves. They make sure the store is performing well, that customers are satisfied, and that subordinates are productive. General managers can be asked to work in a variety of environments; they may work in the office, on the retail floor, or at a warehouse. They also are responsible for selecting, traini…Read more
Retail General Manager (GM) Tasks
- Manage retail store staff, hire and train new employees, motivate current employees, schedule employee hours, and oversee payroll.
- Plan store layout and displays to simplify customer shopping and promote products.
- Resolve customer problems and handle customer complaints.
- Work to meet all sales targets, plan store sales strategies, analyze sales data, and work to expand sales.
Popular Employer Salaries for Retail General Manager (GM)
The top respondents for the job title Retail General Manager (GM) are from the companies Advance Auto Parts, Inc., ULTA Salon, Cosmetics & Fragrance, Inc. and Staples, Inc.. Reported salaries are highest at The Gap Inc. where the average pay is $67,847. Other companies that offer high salaries for this role include Old Navy and Staples, Inc., earning around $63,542 and $58,374, respectively. Speedway SuperAmerica LLC pays the lowest at around $42,113. Petco Animal Supplies, Inc. and Advance Auto Parts, Inc. also pay on the lower end of the scale, paying $47,470 and $47,769, respectively.
Retail General Manager (GM) Job Listings
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Popular Skills for Retail General Manager (GM)
Skills in Training, People Management and Budget Management are correlated to pay that is above average. Skills that pay less than market rate include Operations Management and Sales Management.
Pay by Experience Level for Retail General Manager (GM)
An early career Retail General Manager (GM) with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $53,926 based on 4 salaries. An experienced Retail General Manager (GM) with 10-19 years of experience earns an average total compensation of $84,712 based on 8 salaries. In their late career (20 years and higher), employees earn an average total compensation of $67,849.
Years of Experience
This data is based on 17 survey responses.
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