Salaries
among store managers in the retail sector fell by nearly 3 per cent in the
first six months of 2002 compared to the same period last year.
The
latest Retail Salary Survey from Mandeville Retail, says salaries have fallen
despite the fact the sector has continued to perform well and the demand for
recruitment of store managers has increased since the start of the year.
The
salary shows the average basic salary for store management positions was
£17,110 for the period January to June 2002. The figure for the same period in
2001 was £17,594 – a fall of 2.8 per cent.
This
survey was conducted across a total of 286 retail store management positions
(including deputies and assistants) during the periods January 2001 to June
2001 and January 2002 to June 2002. Fifty-five of the UK’s leading retailing
organisations including DIY, electrical goods, clothes stores and supermarkets,
were covered by this research.
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Commenting
on the results, Peter Shrimpton, general manager of Mandeville Retail said:
"Even allowing for a margin of error in the results, this survey shows
there has been no appreciable increase in the average pay of store managers.
Given that the retail sector was generally buoyant during the period, with the
consequent high demand for staff, the findings of this survey are a surprise."
