Assistant managers help general managers with training employees.
Assistant managers can work in retail stores and restaurants, helping the general manager run daily operations. Assistant managers are also involved with hiring and training employees, improving service and ensuring that customers' needs are met. Assistant managers also count down registers, prepare bank deposits and help manager safety programs in their units. Most assistant managers earn either hourly wages or salaries. Additionally, assistant managers can earn bonuses and profit sharing.
Average Annual Salary
Retail store assistant managers earn annual salaries of $20,467 to $30,098, based on a 40-hour workweek, according to February 2011 Payscale.com data. Including incentive payments, a retail store assistant manager can earn a total income of $23,041 to $45,228 per year. Restaurant assistant managers earn average annual salaries of $29,227 to $39,408 per year. With the addition of bonuses and other incentives, a restaurant assistant manager can earn a total income of $30,264 to $45,869 per year. Additionally, Glassdoor.com lists 139 retail assistant manager salaries, most of which fall in the $23,000 to $46,000 per year range. Glassdoor.com also lists 32 assistant restaurant manager salaries, which average between $33,000 and $50,000 per year.
Years of Experience
Retail and restaurant assistant managers salaries can also vary according to their experience levels. Following are the annual salary ranges for retail and restaurant managers based on years of experience, per Payscale.com:
Retail assistant managers -- less than one year -- $27,758 to $40,089; one to four years -- $29,184 to $40,271; five to nine years -- $33,777 to $45,805; 10 to 19 years -- $35,821 to $49,789; 20 or more years -- $39,508 to $52,626.
Restaurant assistant managers -- less than one year -- $25,207 to $33,653; one to four years -- $28,355 to $37,448; five to nine years -- $29,692 to $39,757; 10 to 19 years -- $30,491 to $41,116; 20 or more years -- $33,934 to $46,357.
Company Size
Retail and restaurant assistant managers usually earn higher annual salaries in bigger companies. For example, retail assistant managers working for smaller companies that employ one to 199 employees earn annual salaries of $24,870 to $47,316, per Payscale.com. Retail assistant managers working in larger companies of 5,000 or more employees earn salaries of $33,500 to $51,753.
Restaurant assistant managers working for companies employing one to 199 employees earn annual salaries of $17,193 to $39,278. Restaurant assistant managers working for larger companies with over 5,000 employee earn annual salaries of $32,764 to $44,678.
Salaries by City
The salaries of assistant managers can also vary considerably by city. For example, retail assistant managers earn the highest annual salaries in Boston at $34,461 to $49,910, per Payscale.com. Additionally, retail assistant managers earned the second highest annual salaries in Las Vegas at $30,981 to $49,204.
Restaurant assistant managers earned the highest annual salaries in New York City at $35,042 to $47,989; and the second highest salaries in Las Vegas at $34,026 to $41,818 per year.
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