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Retail Store Manager Average Salary in Malaysia 2024

How much money does a person working as Retail Store Manager make in Malaysia?


Average Monthly Salary
7,980 MYR
( 95,800 MYR yearly)

LOW
3,830
MYR
AVERAGE
7,980
MYR
HIGH
12,500
MYR
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Retail Store Manager in Malaysia typically earns around 7,980 MYR. Salaries range from 3,830 MYR (lowest) to 12,500 MYR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Retail Store Manager salaries in Malaysia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Retail Store Manager Pay Scale and Salaries in Malaysia

Median and salary distribution Malaysia Retail Store Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
7,460 MYR or more
10% of people earn
6,570 to 7,460 MYR
20% of people earn
4,620 MYR or less
65% of people earn
4,620 to 6,570 MYR
Minimum Salary
3,830 MYR
Median
7,510 MYR
Maximum
12,500 MYR




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Retail Store Manager in Malaysia range from 3,830 MYR (starting salary) to 12,500 MYR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 7,510 MYR, half of the professionals who work as Retail Store Manager in Malaysia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Retail Store Manager in Malaysia earn less than 6,110 MYR, while 75% earn more. Similarly, the chart shows that 75% earn less than 8,600 MYR while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Retail Store Manager in Malaysia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 4,620 MYR to 6,570 MYR. About 20% of salaries are below the 4,620 MYR mark, while 10% fall within the range of 6,570 MYR to 7,460 MYR. Only 5% of individuals have salaries exceeding 7,460 MYR.

Salary Comparison by Years of Experience / Retail Store Manager / Malaysia

How do experience and age affect pay?

0 - 2 Years
4,480 MYR
2 - 5 Years+42%
6,350 MYR
5 - 10 Years+31%
8,350 MYR
10 - 15 Years+23%
10,300 MYR
15 - 20 Years+6%
10,900 MYR
20+ Years+10%
12,000 MYR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Malaysia Retail Store Manager
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Retail Store Manager and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 4,480 MYR.

While someone with an experience level between two and five years is expected to earn 6,350 MYR, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 8,350 MYR, 31% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 10,300 MYR, 23% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 10,900 MYR, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 12,000 MYR, 10% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Retail Store Manager / Malaysia

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Retail Store Manager.

High School
5,570 MYR
Certificate or Diploma+47%
8,180 MYR
Bachelor's Degree+34%
11,000 MYR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Malaysia Retail Store Manager
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Retail Store Manager in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 5,570 MYR.


Level 2: Certificate or Diploma

At this level, the average salary becomes 8,180 MYR, 47% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 11,000 MYR, 34% more than the previous level.



Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Retail Store Manager / Malaysia

Salary comparison by gender Malaysia Retail Store Manager monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Retail Store Manager in Malaysia, the average difference between the salary of male and female employees is 7%.

Male
8,310 MYR
Female-6%
7,790 MYR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Malaysia for all Careers

Salary comparison by gender monthly Malaysia
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Average Annual Salary Increment Percentage / Retail Store Manager / Malaysia

How much are annual salary increments in Malaysia for individuals working as Retail Store Manager? How often do employees get salary raises?

Individuals working as Retail Store Manager in Malaysia are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Malaysia Retail Store Manager
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Malaysia / All Professions

Annual Salary Increment Rate Malaysia
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Malaysia is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Retail Store Manager / Malaysia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Malaysia Retail Store Manager
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18% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 82% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
82%
No Bonus
18%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Retail Store Manager / Malaysia


46 MYR per hour

The average hourly wage (pay per hour) for individuals working as Retail Store Manager in Malaysia is 46 MYR.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Retail Store Manager in Malaysia is 22 MYR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Sales Retail and Wholesale-100%
Account Manager7,500 MYR-6%
Account Officer3,980 MYR-50%
Area Manager8,450 MYR+6%
Area Sales Director13,000 MYR+63%
Area Sales Manager10,800 MYR+35%
Assisstant Store Supervisor4,770 MYR-40%
Assistant Department Manager5,040 MYR-37%
Assistant Retail Store Manager5,840 MYR-27%
Branch Manager8,250 MYR+3%
Branch Supervisor6,700 MYR-16%
Cashier2,550 MYR-68%
Cashier Manager5,440 MYR-32%
Commercial Sales Manager10,500 MYR+32%
Conversion Rate Optimization Specialist9,260 MYR+16%
Corporate Sales Manager9,120 MYR+14%
Data-driven Sales Analyst7,350 MYR-8%
Depot Manager7,750 MYR-3%
Depot Supervisor6,650 MYR-17%
Deputy Sales Manager7,200 MYR-10%
Direct-to-Consumer Sales Executive9,310 MYR+17%
Director of Sales13,000 MYR+63%
Distribution Director8,820 MYR+11%
District Leader6,470 MYR-19%
District Manager8,580 MYR+8%
District Sales Manager7,920 MYR-1%
E-commerce Consultant7,680 MYR-4%
External Sales Account Manager7,360 MYR-8%
Field Sales Representative5,490 MYR-31%
Furniture Sales Associate3,590 MYR-55%
Global Wholesale Manager15,100 MYR+89%
Head Cashier4,940 MYR-38%
Head of Direct Sales10,100 MYR+27%
Head of Retail9,800 MYR+23%
Head Teller5,100 MYR-36%
Inside Sales4,220 MYR-47%
Inside Sales Account Manager6,760 MYR-15%
Inside Sales Engineer4,610 MYR-42%
Inside Sales Executive7,010 MYR-12%
Inside Sales Representative4,370 MYR-45%
Internal Sales Manager7,840 MYR-2%
Inventory Manager7,350 MYR-8%
Key Account Manager8,030 MYR+1%
Medical Device Sales5,960 MYR-25%
Medical Device Sales Representative6,140 MYR-23%
Merchandiser5,200 MYR-35%
Mobile App Sales Representative6,170 MYR-23%
National Account Manager10,700 MYR+34%
National Customer Solution Specialist8,410 MYR+5%
National Sales Manager14,600 MYR+83%
Omni-Channel Sales Coordinator6,440 MYR-19%
Online Crafts Merchant5,540 MYR-31%
Online Marketplace Manager8,380 MYR+5%
Outside Sales Representative5,550 MYR-30%
Parts Salesperson4,290 MYR-46%
Personalization Strategist7,840 MYR-2%
Project Development Manager8,330 MYR+4%
Project Manager8,410 MYR+5%
Project Sales Executive8,250 MYR+3%
Purchasing and Sales Executive12,200 MYR+53%
Quotation Engineer4,340 MYR-46%
Regional Sales Director14,600 MYR+83%
Regional Sales Manager14,400 MYR+80%
Relationship Manager8,880 MYR+11%
Retail Merchandiser3,090 MYR-61%
Retail Operations Manager8,250 MYR+3%
Retail Sales Associate5,960 MYR-25%
Retail Sales Representative4,950 MYR-38%
Retail Salesperson4,330 MYR-46%
Retail Store Manager7,980 MYR=
Retail Store Sales Person4,250 MYR-47%
Revenue Manager7,840 MYR-2%
Sales Account Manager8,920 MYR+12%
Sales Admin Executive10,800 MYR+35%
Sales Administration Manager10,100 MYR+27%
Sales Analyst8,150 MYR+2%
Sales Assistant3,230 MYR-60%
Sales Associate4,380 MYR-45%
Sales Consultant6,450 MYR-19%
Sales Coordinator4,550 MYR-43%
Sales Development Representative5,420 MYR-32%
Sales Director12,700 MYR+59%
Sales Engineer4,990 MYR-37%
Sales Executive8,670 MYR+9%
Sales Manager11,200 MYR+40%
Sales Officer4,500 MYR-44%
Sales Planner7,130 MYR-11%
Sales Planning Analyst6,960 MYR-13%
Sales Representative4,330 MYR-46%
Sales Service Associate4,220 MYR-47%
Sales Specialist6,310 MYR-21%
Sales Supervisor6,850 MYR-14%
Sales Support3,200 MYR-60%
Sales Support Manager7,080 MYR-11%
Sales Team Leader6,720 MYR-16%
Sales Trainer7,880 MYR-1%
Securities Sales Agent7,410 MYR-7%
Shipper / Receiver3,120 MYR-61%
Shop Manager7,580 MYR-5%
Social Media Sales Manager9,690 MYR+21%
Store Development Administrator5,630 MYR-29%
Store Manager8,150 MYR+2%
Subscription Box Curator7,730 MYR-3%
Supply Chain Sustainability Manager8,250 MYR+3%
Territory Sales Manager11,300 MYR+42%
Territory Sales Representative5,920 MYR-26%
Trade Marketing Officer7,190 MYR-10%
Treasury Officer6,770 MYR-15%
Vice President Sales10,100 MYR+27%
Visual Merchandiser3,700 MYR-54%
Voice Commerce Specialist6,310 MYR-21%
Wholesale Data Analyst7,410 MYR-7%
Wholesale Inventory Manager8,720 MYR+9%
Wholesale Marketing Manager9,600 MYR+20%
Wholesale Operations Manager11,200 MYR+40%
Wholesale Sales Representative6,550 MYR-18%

Salary Comparison By City

CityAverage Salary
Johor Bahru8,650 MYR
Kuala Lumpur9,240 MYR

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Malaysia is 9% on average across all career fields.

Private Sector
6,340 MYR
Public Sector+9%
6,900 MYR
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Retail Store Manager in Malaysia?

A good and competitive compensation would range anywhere between 7,510 MYR and 8,600 MYR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Retail Store Manager in Malaysia ranges from 3,830 MYR to 6,110 MYR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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