Research Summary. Using a combination of public government and company data as well as data gathered from thousands of job postings, the Zippia data team has created average salary estimates for jobs across the US. Using that data set, the team has identified the types of assistant store managers that are the highest paid based on their average annual salaries.
Here is a summary of our findings for the highest-paying types of assistant store managers:
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Associate Manager is the highest-paid type of assistant store manager with an average salary of $83,246 and an average hourly rate of $40.02.
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The second highest-paying type of assistant store manager is second assistant manager, with an average salary of $67,965.
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The average assistant store manager salary is $40,759 per year, and the average hourly pay is $19.60.
Table Of Contents: Background | Table | Methodology | FAQs
Background
Choosing a career path can be difficult, and while pay shouldn’t be the only thing you consider in your decision, it is a significant factor. So if you’d like to work as an assistant store manager, it helps to have an idea of what the highest-paid types of assistant store managers are so that you can plan your career progression.
Here are the top salaries for different types of assistant store managers:
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Associate Manager
Average Salary: $83,246
Associate managers are responsible for overseeing the support and clerical staff of the company. They recruit and train employees who perform different tasks that include greeting customers, answering phones, and faxing documents. They also perform other duties, including keeping employees’ motivation, ensuring that everyone understands the company’s guidelines and policies, and supervising other staff members. To be qualified as an associate manager, one should have a high school diploma, leadership skills, and a strong work ethic. One should also have the necessary computer skills, bookkeeping skills, and customer service skills.
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Second Assistant Manager
Average Salary: $67,965
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Co-Manager
Average Salary: $64,962
A co-manager’s role is to supervise business operations and perform administrative tasks as support to a manager. One of the primary functions of a co-manager is to delegate tasks of team members and arrange schedules. They also evaluate progress, produce the necessary documentation, maintain a record of data, identify issues and opportunities, and assist in coordinating with other employees. A co-manager may also have the task of hiring and training new workforce members, enforcing policies and regulations at all times.
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Assistant Manager/Merchandise
Average Salary: $57,278
Assistant managers for merchandise are employees who oversee the supplies in the company’s stores. They are usually employed in companies that run retail stores. Assistant managers for merchandise are responsible for their stores’ supplies, stocks, and inventory. They ensure that their inventories are well-stocked. They are also responsible for approving purchase requisitions to ensure that the store never runs out of supplies. They plan for the daily needs of the store. They also prepare for high volume or peak days and anticipate the needs of the store. As such, they order enough supplies to cover for such days. They also manage store employees and ensure that they are properly trained.
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First Assistant Manager
Average Salary: $55,948
First assistant managers are executive professionals who assist general managers in managing the daily work activities of an organization to ensure its proper and smooth business operation. These managers must lead and guide project team members as well as assigning work schedules for their employees. They must ensure that their products or services are with quality standards while providing excellent customer service. First, assistant managers must also assist in creating business plans so that they can achieve the organization’s goals.
Below is a full table of the average pay for various assistant store manager that pay the most followed by a more detailed explanation of our methodology.
Highest-Paying Types Of Assistant Store Managers
Methodology
Zippia uses publicly published information from government sources such as the Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC), and the Office of Personnel Management (OPM) to create its salary estimates.
Our data science team also checks job postings and company-published resources for additional up-to-date salary information for assistant store managers.
Once they’ve gathered the data, the team calculates a weighted average for each job title they’re estimating a salary for. For more details on our salary estimates, you can read the detailed methodology.
Highest-Paying Types Of Assistant Store Manager Jobs FAQs
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What is the highest-paid assistant store manager job?
The highest-paid assistant store manager job is an associate manager. Associate Managers earn an average salary of $83,246, which is $ 40.02 hourly.
Associate managers are responsible for overseeing the support and clerical staff of the company. They recruit and train employees who perform different tasks that include greeting customers, answering phones, and faxing documents. They also perform other duties, including keeping employees’ motivation, ensuring that everyone understands the company’s guidelines and policies, and supervising other staff members. To be qualified as an associate manager, one should have a high school diploma, leadership skills, and a strong work ethic. One should also have the necessary computer skills, bookkeeping skills, and customer service skills.
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What is a good salary for an assistant store manager?
A good salary for an assistant store manager is $40,759 or more. The average assistant store manager salary is $40,759, so those making at least $40,759 are earning above-average paychecks.
Keep in mind, however, that the average assistant store manager salary does fluctuate based on location, as companies will adjust their pay scales based on the cost of living in that area. Research what the average salary is in your area for someone of your expertise and experience level to get a more accurate view on how well you’re being paid.
In addition, if you’re just starting your career as an assistant store manager, the average entry level salary is $16,788, so don’t base your opinion of your salary on the $40,759 average, as this includes all assistant store managers of all skill and experience levels.
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Do Assistant Store Manager jobs pay well?
No, assistant store manager jobs don’t pay well. As in any industry, some assistant store manager jobs pay better than others, but the average assistant store manager salary of $40,759 is times the average national salary of about $44,225 per year.
In addition to this, many assistant store manager jobs have high earning potential, with the top 10% of assistant store managers earning $47,013 a year on average.
Assistant Store Managers’ salaries will fluctuate based on their experience level, industry, and location, so pay attention to these factors when you’re looking for a job as an assistant store manager. Do your research on the going rate for an assistant store manager in your area with your expertise, and don’t be afraid to negotiate your salary based on that information.
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Where do assistant store managers get paid the most?
Assistant Store Managers get paid the most in Tennessee. In Tennessee, assistant store managers earn an average annual salary of $42,353 and an average hourly wage of $20.36.
Following TN, the states with the highest-paid assistant store managers are Wisconsin, North Carolina, and New Jersey, with average annual salaries of $46,771, $44,413, and $51,645 respectively.
The cities with the highest-paid assistant store manager salaries are:
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New York, NY – $52,070
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Sioux Falls, SD – $48,672
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Madison, WI – $46,408
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