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Department Store Manager
$99,746 (USD)/yr
$47.95 (USD)/hr
$9,785 (USD)/yr
The average department store manager gross salary in Anchorage, Alaska is $99,746 or an equivalent hourly rate of $48. This is 3% higher (+$2,605) than the average department store manager salary in the United States. In addition, they earn an average bonus of $9,785. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Anchorage, Alaska. An entry level department store manager (1-3 years of experience) earns an average salary of $66,059. On the other end, a senior level department store manager (8+ years of experience) earns an average salary of $155,559.
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
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Salary Potential
$112,041 (USD)
12 %
Based on our compensation data, the estimated salary potential for Department Store Manager will increase 12 % over 5 years.
Most Popular Skills for Department Store Manager
Education
This chart displays the highest level of education for:
Department Store Manager, the majority at 44% with high schools.
Typical Field of Study: Retailing and Retail Operations
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Salary Difference by Location
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City Overview
The cost of living in Anchorage, Alaska is 21% more than the average cost of living in the United States. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageThe Municipality of Anchorage (Tanaina: Dgheyay Kaq'; Dgheyaytnu) is the largest city in the U.S. state of Alaska by population. With a population of 291,247 at the 2020 census, it contains nearly 40 percent of the state's population, and has more people than all of Northern Canada and Greenland combined. The Anchorage metropolitan area, which includes Anchorage and the neighboring Matanuska-Susitna Borough, had a population of 398,328 in 2020, accounting for more than half the state's population...
Sourced from Wikipedia
Job Description
Directs and coordinates, through subordinate managerial personnel, activities of department store selling lines of merchandise in specialized departments: formulates pricing policies for sale of merchandise, or implements policies set forth by merchandising board. Coordinates activities of nonmerchandising departments, as purchasing, credit, accounting, and advertising with merchandising departments to obtain optimum efficiency of operations with minimum costs in order to maximize... profits. Develops and implements, through subordinate managerial personnel, policies and procedures for store and departmental operations and customer personnel and community relations. Negotiates or approves contracts negotiated with suppliers of merchandise, or with other establishments providing security, maintenance, or cleaning services. Reviews operating and financial statements and departmental sales records to determine merchandising activities that require additional sales promotion, clearance sales, or other sales procedures in order to turn over merchandise and achieve profitability of store operations and merchandising objectives.
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Disclaimer
This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Most Popular Skills for Department Store Manager
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