In 2008, there were approximately 2.2 million sales supervisors in retail management jobs. A growth of 5% in such an occupation will mean an increase of more than 100, 000 jobs. In fact, from among sales supervisors, the numbers of those in retail management jobs are expected to grow by 88, 400 through 2018, according to BLS, while sales supervisors in non-retail management jobs are expected to grow by a number of 24, 400 through 2018.
Advancement in retail management jobs
Retail management jobs include the jobs of sales supervisors, floor managers, and even those working in store management jobs. They generally progress from the positions of sales supervisors to that of assistant managers or managers. In small retail companies, openings in higher retail management jobs are few, while the reverse is applicable to big companies. Advancement and promotions in large retail chains or establishments often include relocation, and promotions in retail management jobs may include progress to other verticals including product promotions and purchasing.
Educational qualifications in retail management jobs
This is primarily a performance-based profession and people come from varied backgrounds. Though not the sole factor, performance on-the-job is the most important criteria for the selection and retention of retail managers, and educational qualifications often take a back seat when confronted with stellar performance. Even though there are no standard educational requirements to start as a sales worker supervisor, progression through retail management jobs require higher degrees and diplomas that relate with the field of retail management. A great number of workers do not possess college degrees, but in jobs higher in the hierarchy, a college degree is essential and post-graduation leads to greater earnings and job security. Generally, people in retail management jobs come from disciplines like accounting, marketing, management, sales, and social sciences like sociology, psychology, or communications.
Earnings and nature of work in retail management jobs
Jobs in retail management range in earnings from around $22, 100 per annum to around $61, 000 per annum. Designations and earnings depend upon, proficiency, performance, work-experience, accomplishments, and educational qualifications. Progress in the profession also depends largely upon social interaction skills as the position includes frequent interaction with both the public and work-personnel.
Most people in retail management jobs work in offices, stores, or warehouses. Job responsibilities may include supervision of workers in retail sales and related verticals like cashiers and customer service representatives. The primary focus on-the-job is to ensure satisfactory customer service and increase of retail sales. Managers in large establishments may be associated with specific departments or merchandise like cosmetics or electrical equipment. Major part of the time of people in retail management jobs is spent on their feet and in physically supervising processes and product distribution within premises.
