$45,660
Avg. Salary
$15.35
Avg. Hourly Rate

Average additional compensation:

$2,439

Bonus

$1,965

Profit Sharing

$2,125

Commission

What am I worth?
How should I pay?

The average pay for a Retail Manager is $15.35 per hour.

The average pay for a Retail Manager is $45,660 per year.

10%
$10.74
10%
$15.35
50%
$22.19
90%
90%
MEDIAN $15.35
10%
$30k
10%
$46k
50%
$66k
90%
90%
MEDIAN $45,660
$30,425 - $65,772
$30K
$46K
$66K
MEDIAN: $45,660
10%
50%
90%

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$10.74 - $22.19
$11
$15
$22
MEDIAN: $15.35
10%
50%
90%

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$0$65K
Salary $30,425 - $65,772
Bonus $482 - $9,863
Profit Sharing $391 - $7,864
Commission $0.00 - $15,586
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).
)
$25,920 - $64,406
  • Country: United States
  • Currency: USD
  • Updated: 17 Apr 2019
  • Individuals Reporting: 2,081
Hourly Data $0$34
Hourly Rate $10.74 - $22.19
Hourly Tips $0.32 - $5.90
Overtime $14.87 - $34.68
Annual Data $0$64K
Bonus $482 - $9,863
Commission $0.00 - $15,586
Profit Sharing $391 - $7,864
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).
)
$25,920 - $64,406
  • Country: United States
  • Currency: USD
  • Updated: 17 Apr 2019
  • Individuals Reporting: 1,407

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.

Read More...
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

$42,688

Sodexo, Inc.
16 profiles
$43,883

$36,553

CVS / Pharmacy
12 profiles
$57,767

$43,542

$48,564

$57,625

$43,563

$50,000

Common Career Paths for Retail Manager


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Retail Managers' salary tends to stay somewhat level for those who assume higher-end positions like Office Manager. Median pay for Office Managers is $39K.

Retail Manager Job Listings

Popular Skills for Retail Manager


Retail Managers seem to require a rather large skill set. Most notably, skills in People Management, Operations Management, Sales Management, and Team Leadership are correlated to pay that is above average. Skills that seem to negatively impact pay include Microsoft Word, Microsoft Office, and Microsoft Excel. Most people who know Customer Service also know Merchandising, Sales Management, and Operations Management.

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 $34,000 based on 677 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 $39,000 based on 686 salaries. An experienced Retail Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $45,000 based on 739 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 $50,000 based on 364 salaries.

Pay Difference by Location

National Average: $41,170

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

For Retail Managers, working in the bustling city of Boston has its advantages, including an above-average pay rate. Retail Managers will also find cushy salaries in New York (+20 percent), San Diego (+18 percent), Portland (+11 percent), and Las Vegas (+10 percent). With compensation 15 percent below the national average, Denver is not known for hefty paychecks and actually represents the lowest-paying market. Houston and St. Louis are a couple other places where companies are known to pay below the median — salaries are 5 percent lower and 2 percent lower, respectively.

Related Job Salaries

Key Stats for Retail Manager

Gender

Female
60 %
Male
40 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 625 votes.
Less than 1 year
1%
1-4 years
26%
5-9 years
24%
10-19 years
30%
20 years or more
19%

Experience Affects Retail Manager Salaries

▲21%

▲8%

National Average
$41,000

▼5%

▼18%

Skills That Affect Retail Manager Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 625 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
1%
1-4 years
26%
5-9 years
24%
10-19 years
30%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 55%
vision benefits
Vision: 48%
no benefits
None: 33%