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The differences between closing managers and shop managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a closing manager and a shop manager. Additionally, a closing manager has an average salary of $60,249, which is higher than the $36,580 average annual salary of a shop manager.
The top three skills for a closing manager include customer service, cleanliness and escrow. The most important skills for a shop manager are customer service, taking care, and work ethic.
| Closing Manager | Shop Manager | |
| Yearly salary | $60,249 | $36,580 |
| Hourly rate | $28.97 | $17.59 |
| Growth rate | 6% | - |
| Number of jobs | 107,728 | 83,627 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 42% | Bachelor's Degree, 38% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
A Closing Manager communicates and interacts with performance teams, Quality Review teams, and other managers to ensure staffing needs match the profit, loss, and capacity plan. They confirm that all team members meet the required work expectation quality. In addition to setting and managing production and work quality expectations, Closing Managers also use positive reinforcement, recognition, and team building activities to encourage and lead staff to success. They also control and send daily production email messages with current production issues, production tips, and more.
As the name entails, shop managers manage an establishment's day-to-day operations, ensuring it runs effectively and smoothly. Their responsibilities include making business strategies, developing promotional materials, and ensuring that sales teams are motivated. As the shop manager, you will also oversee the store's organizational and operational standards, undertake administrative tasks, and monitor inventory levels. The requirements to become a store manager include having a high school diploma, at least three years of work experience in the retail industry, and leadership skills.
Closing managers and shop managers have different pay scales, as shown below.
| Closing Manager | Shop Manager | |
| Average salary | $60,249 | $36,580 |
| Salary range | Between $33,000 And $108,000 | Between $25,000 And $52,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | Rhode Island | Massachusetts |
| Best paying company | Better | Rivian |
| Best paying industry | - | Retail |
There are a few differences between a closing manager and a shop manager in terms of educational background:
| Closing Manager | Shop Manager | |
| Most common degree | Bachelor's Degree, 42% | Bachelor's Degree, 38% |
| Most common major | Business | Business |
| Most common college | SUNY College of Technology at Delhi | SUNY College of Technology at Delhi |
Here are the differences between closing managers' and shop managers' demographics:
| Closing Manager | Shop Manager | |
| Average age | 43 | 43 |
| Gender ratio | Male, 47.0% Female, 53.0% | Male, 78.2% Female, 21.8% |
| Race ratio | Black or African American, 9.4% Unknown, 4.7% Hispanic or Latino, 16.9% Asian, 6.4% White, 61.9% American Indian and Alaska Native, 0.7% | Black or African American, 9.3% Unknown, 4.7% Hispanic or Latino, 17.1% Asian, 6.9% White, 61.4% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 9% | 9% |