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Retail Store Manager Average Salary in South Africa 2024

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


Average Monthly Salary
41,700 ZAR
( 501,000 ZAR yearly)

LOW
21,700
ZAR
AVERAGE
41,700
ZAR
HIGH
63,900
ZAR
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 South Africa typically earns around 41,700 ZAR. Salaries range from 21,700 ZAR (lowest) to 63,900 ZAR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Retail Store Manager salaries in South Africa 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 South Africa

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

5% of people earn
37,800 ZAR or more
10% of people earn
33,700 to 37,800 ZAR
20% of people earn
24,600 ZAR or less
65% of people earn
24,600 to 33,700 ZAR
Minimum Salary
21,700 ZAR
Median
38,000 ZAR
Maximum
63,900 ZAR




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 South Africa range from 21,700 ZAR (starting salary) to 63,900 ZAR (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 38,000 ZAR, half of the professionals who work as Retail Store Manager in South Africa 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 South Africa earn less than 31,500 ZAR, while 75% earn more. Similarly, the chart shows that 75% earn less than 43,100 ZAR 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 South Africa compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 24,600 ZAR to 33,700 ZAR. About 20% of salaries are below the 24,600 ZAR mark, while 10% fall within the range of 33,700 ZAR to 37,800 ZAR. Only 5% of individuals have salaries exceeding 37,800 ZAR.

Salary Comparison by Years of Experience / Retail Store Manager / South Africa

How do experience and age affect pay?

0 - 2 Years
24,700 ZAR
2 - 5 Years+34%
33,100 ZAR
5 - 10 Years+30%
43,000 ZAR
10 - 15 Years+21%
52,100 ZAR
15 - 20 Years+9%
56,900 ZAR
20+ Years+5%
59,900 ZAR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly South Africa 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 24,700 ZAR.

While someone with an experience level between two and five years is expected to earn 33,100 ZAR, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 43,000 ZAR, 30% 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 52,100 ZAR, 21% 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 56,900 ZAR, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 59,900 ZAR, 5% 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 / South Africa

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
29,300 ZAR
Certificate or Diploma+43%
41,900 ZAR
Bachelor's Degree+38%
58,000 ZAR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly South Africa 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 29,300 ZAR.


Level 2: Certificate or Diploma

At this level, the average salary becomes 41,900 ZAR, 43% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 58,000 ZAR, 38% 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 / South Africa

Salary comparison by gender South Africa 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 South Africa, the average difference between the salary of male and female employees is 8%.

Male
43,600 ZAR
Female-7%
40,400 ZAR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in South Africa for all Careers

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

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

Individuals working as Retail Store Manager in South Africa are likely to observe a salary increase of approximately 12% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate South Africa 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.

South Africa / All Professions

Annual Salary Increment Rate South Africa
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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 South Africa is 5%.

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 / South Africa

How much and how often are bonuses being awarded?Annual Salary Bonus Rate South Africa Retail Store Manager
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22% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 78% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
78%
No Bonus
22%

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 / South Africa


240 ZAR per hour

The average hourly wage (pay per hour) for individuals working as Retail Store Manager in South Africa is 240 ZAR.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 South Africa is 130 ZAR. 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 Manager37,100 ZAR-11%
Account Officer19,100 ZAR-54%
Area Manager40,600 ZAR-3%
Area Sales Director63,000 ZAR+51%
Area Sales Manager53,700 ZAR+29%
Assisstant Store Supervisor21,500 ZAR-49%
Assistant Department Manager25,100 ZAR-40%
Assistant Retail Store Manager30,100 ZAR-28%
Branch Manager41,300 ZAR-1%
Branch Supervisor34,700 ZAR-17%
Cashier12,400 ZAR-70%
Cashier Manager27,300 ZAR-35%
Commercial Sales Manager54,500 ZAR+31%
Conversion Rate Optimization Specialist43,500 ZAR+4%
Corporate Sales Manager45,200 ZAR+8%
Data-driven Sales Analyst34,800 ZAR-17%
Depot Manager35,900 ZAR-14%
Depot Supervisor33,100 ZAR-21%
Deputy Sales Manager35,700 ZAR-14%
Direct-to-Consumer Sales Executive45,300 ZAR+9%
Director of Sales63,700 ZAR+53%
Distribution Director44,300 ZAR+6%
District Leader33,900 ZAR-19%
District Manager40,700 ZAR-3%
District Sales Manager40,500 ZAR-3%
E-commerce Consultant40,000 ZAR-4%
External Sales Account Manager36,900 ZAR-12%
Field Sales Representative25,900 ZAR-38%
Furniture Sales Associate18,500 ZAR-56%
Global Wholesale Manager71,600 ZAR+72%
Head Cashier24,300 ZAR-42%
Head of Direct Sales48,800 ZAR+17%
Head of Retail48,000 ZAR+15%
Head Teller24,300 ZAR-42%
Inside Sales19,300 ZAR-54%
Inside Sales Account Manager30,200 ZAR-28%
Inside Sales Engineer22,600 ZAR-46%
Inside Sales Executive33,400 ZAR-20%
Inside Sales Representative20,900 ZAR-50%
Internal Sales Manager38,100 ZAR-9%
Inventory Manager34,800 ZAR-17%
Key Account Manager39,800 ZAR-5%
Medical Device Sales29,400 ZAR-30%
Medical Device Sales Representative29,400 ZAR-30%
Merchandiser24,100 ZAR-42%
Mobile App Sales Representative31,300 ZAR-25%
National Account Manager51,100 ZAR+22%
National Customer Solution Specialist42,300 ZAR+1%
National Sales Manager67,700 ZAR+62%
Omni-Channel Sales Coordinator33,200 ZAR-20%
Online Crafts Merchant26,100 ZAR-37%
Online Marketplace Manager38,900 ZAR-7%
Outside Sales Representative26,100 ZAR-37%
Parts Salesperson21,700 ZAR-48%
Personalization Strategist38,600 ZAR-8%
Project Development Manager40,300 ZAR-3%
Project Manager40,600 ZAR-3%
Project Sales Executive40,800 ZAR-2%
Purchasing and Sales Executive56,100 ZAR+34%
Quotation Engineer21,600 ZAR-48%
Regional Sales Director70,500 ZAR+69%
Regional Sales Manager68,600 ZAR+64%
Relationship Manager43,600 ZAR+4%
Retail Merchandiser16,500 ZAR-60%
Retail Operations Manager38,600 ZAR-8%
Retail Sales Associate30,900 ZAR-26%
Retail Sales Representative24,900 ZAR-40%
Retail Salesperson21,200 ZAR-49%
Retail Store Manager41,700 ZAR-0%
Retail Store Sales Person21,600 ZAR-48%
Revenue Manager38,100 ZAR-9%
Sales Account Manager46,800 ZAR+12%
Sales Admin Executive49,400 ZAR+18%
Sales Administration Manager48,800 ZAR+17%
Sales Analyst38,300 ZAR-8%
Sales Assistant15,900 ZAR-62%
Sales Associate20,800 ZAR-50%
Sales Consultant30,900 ZAR-26%
Sales Coordinator22,600 ZAR-46%
Sales Development Representative27,600 ZAR-34%
Sales Director64,000 ZAR+53%
Sales Engineer23,700 ZAR-43%
Sales Executive41,800 ZAR+0%
Sales Manager57,400 ZAR+37%
Sales Officer22,700 ZAR-46%
Sales Planner34,900 ZAR-16%
Sales Planning Analyst36,600 ZAR-12%
Sales Representative21,600 ZAR-48%
Sales Service Associate20,900 ZAR-50%
Sales Specialist31,800 ZAR-24%
Sales Supervisor35,000 ZAR-16%
Sales Support16,300 ZAR-61%
Sales Support Manager34,300 ZAR-18%
Sales Team Leader33,700 ZAR-19%
Sales Trainer39,600 ZAR-5%
Securities Sales Agent36,200 ZAR-13%
Shipper / Receiver15,500 ZAR-63%
Shop Manager35,900 ZAR-14%
Social Media Sales Manager47,600 ZAR+14%
Store Development Administrator27,000 ZAR-35%
Store Manager41,900 ZAR+0%
Subscription Box Curator38,200 ZAR-8%
Supply Chain Sustainability Manager39,500 ZAR-5%
Territory Sales Manager52,300 ZAR+25%
Territory Sales Representative29,400 ZAR-30%
Trade Marketing Officer37,400 ZAR-10%
Treasury Officer33,600 ZAR-20%
Vice President Sales49,500 ZAR+19%
Visual Merchandiser18,900 ZAR-55%
Voice Commerce Specialist30,800 ZAR-26%
Wholesale Data Analyst38,000 ZAR-9%
Wholesale Inventory Manager43,400 ZAR+4%
Wholesale Marketing Manager46,400 ZAR+11%
Wholesale Operations Manager52,800 ZAR+26%
Wholesale Sales Representative33,000 ZAR-21%

Salary Comparison By City

CityAverage Salary
Cape Town43,700 ZAR
Johannesburg41,800 ZAR

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 South Africa is 7% on average across all career fields.

Private Sector
30,400 ZAR
Public Sector+7%
32,400 ZAR
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 South Africa?

A good and competitive compensation would range anywhere between 38,000 ZAR and 43,100 ZAR. 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 South Africa ranges from 21,700 ZAR to 31,500 ZAR. 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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