How much does a retail assistant manager make?

Written by kyle whitney Google
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How much does a retail assistant manager make?
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If you are looking for a job as a retail assistant manager, you can expect to assist customers, interpret sales information, analyse competition, actively promote your business and maintain your store -- including employees, inventory and daily upkeep. The rate of pay is a bit harder to pin down.

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Salary

Pay for the position varies, but is typically somewhere between the pay for a manager and a salesperson. The median salary for the position as of September 2010 is £24,690, and the salary for a retail assistant manager with little to no experience is between £17,550 and £26,000 per year.

With five to nine years of experience, you can expect a salary of least £21,450 and the pay slowly goes up from there. At 20 years of experience, you should make £25,350 to £34,450 annually.

Bonuses and incentives may increase your salary.

Hourly Rate

The U.S. Bureau of Labor Statistics does not have a separate designation for retail assistant managers, as the position may not exist in some companies. The BLS does list the average hourly rate for retail salespersons as £7.70 and managers of retail sales workers as £12.20.

Location

The area in which you work will affect your salary. According to the U.S. Bureau of Labor Statistics, the areas in the United States with the highest annual pay are Washington, D.C., Connecticut and New York. Those with the lowest annual pay are Montana, South Dakota and North Dakota.

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