Retail managers are in charge of overseeing the operation of a retail store, including hiring and firing store employees, overseeing inventory, and managing customer service. The responsibilities of a retail manager vary depending on the size of the store. Many times, managers in small stores have a wider range of responsibilities than managers in larger ones. Managers of small stores typically control inventory and set prices; in some cases, they are in charge of deciding when inventory goes on sale. Large retail shops usually have computers track their inventory and do not have much control on pricing or sales; in these cases, it is the manager’s responsibility to ensure that the inventory is priced correctly.Retail managers are in charge of hiring staff, and they are expected to review all job applications and conduct interviews. They also are in charge of securing the store during times store is not in operation. Managers also are responsible for securely storing or depositing store revenue.While no college degree is needed for this position, an associate's or bachelor’s degree may help a store manager acquire necessary skills in business. Previous management and retail experience typically required.

The job role of a Retail Manager in Australia is expected to show steady growth in the market. According to recent data points from Google, the projected growth for this position is positive, with an estimated increase of 6% in employment opportunities over the next 10 years. This suggests a continued demand for skilled individuals in this field. With the retail industry constantly evolving, Retail Managers play a crucial role in ensuring the smooth operation of stores and delivering excellent customer experiences. The projected growth and abundance of opportunities indicate a promising future for aspiring Retail Managers in Australia.

How to Learn

As a Retail Manager with 0-3 years of experience in Australia, your main responsibilities include:<ul><li> Oversee daily store operations, including sales, customer service, and inventory management. Ensure smooth functioning of the store, handle customer inquiries, and maintain optimum stock levels.</li><li> Train and supervise retail staff, ensuring they provide excellent customer service. Conduct training sessions, monitor employee performance, and enforce company policies.</li><li> Implement marketing strategies to drive sales and increase customer engagement. Plan and execute promotional activities, manage social media presence, and analyze sales data.</li><li> Monitor and analyze sales performance, identify areas for improvement, and propose solutions.</li></ul>

Roles & Responsibilities

Average take home Salary for a Retail Manager in Australia is around $36125 per year

Salary Breakup

Retail managers are responsible for managing the operations of a retail establishment which includes the hiring and firing of store employees, directing the inventory and directing customer service. The duties of a retail manager differ based upon the dimensions of the shop. In many cases, managers of smaller stores are able to take on a greater scope of duties than managers of larger ones. Small-sized stores' managers typically manage inventory and decide on prices. In some instances they also have the responsibility of deciding when inventory is put to sale. Retail stores with large sizes typically are equipped with computers to track their inventory but do not have a lot of control over pricing or sales. In the latter case, it's the responsibility of the manager to make sure that inventory prices are set appropriately.

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Retail Manager

Salary Breakup

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