Retail Store Manager in Richmond, Virginia Salary

How much does a Retail Store Manager make in Richmond, VA? The average salary for a Retail Store Manager in Richmond is $44,365 annually. This is 3% below the national average for a Retail Store Manager which is $45,882 per year. Salaries for a Retail Store Manager in Richmond range from $31,443 per year to $75,000 annually. Total Annual Compensation, which includes salary, bonus, commission, and overtime for a Retail Store Manager in Richmond ranges from $29,275 to $74,240 annually. Among those reporting, there is an average job satisfaction rating of 4 out of 5 stars. Among those reporting, there is a fairly even distribution of men (45%) and woman (55%) filling this role in Richmond. Many report receiving medical, dental, and vision benefits from their employer.

$31,443 - $75,000
$31K
$44K
$75K
MEDIAN: $44,365
10%
50%
90%

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$10.77 - $20.88
$11
$15
$21
MEDIAN: $15.08
10%
50%
90%

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$0$75K
Salary $31,443 - $75,000
Bonus $500 - $22,500
Commission $5,500
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).
)
$29,275 - $74,240
  • Country: United States
  • Currency: USD
  • Updated: 17 Nov 2017
  • Individuals Reporting: 29
Hourly Data $0$24
Hourly Rate $10.77 - $20.88
Overtime $22.43
Annual Data $0$74K
Bonus $500 - $22,500
Commission $5,500
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).
)
$29,275 - $74,240
  • Country: United States
  • Currency: USD
  • Updated: 17 Nov 2017
  • Individuals Reporting: 18

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.

About Richmond, Virginia

Richmond city, Virginia
220,289
Male:
104,793 (47.6%)
Female:
115,496 (52.4%)
Richmond (/ˈrɪtʃmənd/ RICH-mənd) is the capital of the Commonwealth of Virginia, in the United States. It is the center of the Richmond Metropolitan Statistical Area (MSA) and the Greater Richmond Region. While it was incorporated in 1742, Richmond has been an independent city since 1871. As of the 2010 census, the population was 204,214; in 2015, the population was estimated to be 220,289, the fourth-most populous city in Virginia. The Richmond Metropolitan Area has a population of 1,260,029, the third-most populous metro in the state. Richmond is located at the fall line of the James River, 44 miles (71 km) west of Williamsburg, 66 miles (106 km) east of Charlottesville, and 98 miles (158 km) south of Washington, D.C. Surrounded by Henrico and Chesterfield counties, the city is located at the intersections of Interstate 95 and Interstate 64, and encircled by Interstate 295 and Virginia State Route 288. Major suburbs include Midlothian to the southwest,...
Richmond:
$39,906
Virginia:
$66,262
$927
Richmond:
$199,900
Virginia:
$257,800
5.6%

Retail Store Manager Job Listings

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 $36,000 based on 24 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 $44,000 based on 22 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 $47,000 based on 18 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 $49,000 based on 6 salaries.

Retail Store Manager Reviews

Q: What is it like working in Richmond?

Retail Store Manager in Richmond:
"Ehh."
Pros: Working in Richmond presents you with an opportunity to meet and interact with a wide range of individuals, depending on location.
Cons: The are lots of areas that are declining and there seems to be tenants of many fakes businesses. Some markets are doing well, especially smaller, eclectic, shops. But there are many malls and strips with a good amount of vacancies.

Key Stats for Retail Store Manager

Gender

Female
55 %
Male
45 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.
Less than 1 year
2%
1-4 years
26%
5-9 years
30%
10-19 years
28%
20 years or more
15%

Experience Affects Retail Store Manager Salaries

Late-Career
▲27%

▲22%

▲16%

National Average
$38,000

▼6%

Skills That Affect Retail Store Manager Salaries

Operations Management
▲31%

Team Leadership
▲25%

Sales Management
▲24%

People Management
▲21%

Customer Relationship Management (CRM)
▲18%

▲16%

Training
▲16%


▲11%

Hiring
▲8%


Customer Relations
▲2%

Inventory Management
▼0%

National Average
$38,000

Sales
▼3%

Order Inventory
▼9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
2%
1-4 years
26%
5-9 years
30%
10-19 years
28%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 62%
vision benefits
Vision: 57%
no benefits
None: 19%