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Retail2025/26

Retail Manager Salary in the UK

Retail managers oversee store operations, manage staff, drive sales, and ensure excellent customer service. They handle stock, budgets, and store presentation.

Average Salary
£32,000
per year
Entry Level
£22,000
starting salary
Experienced
£32,000
mid-career
Senior Level
£45,000
top earners

Retail Manager Take Home Pay

On the average Retail Manager salary of £32,000, you would take home £26,560 per year (£2,213.30 per month) after tax and National Insurance.

Yearly
Gross: £32,000.00
£26,559.60
Income Tax:-£3,886.00
National Insurance:-£1,554.40
Monthly
Gross: £2,666.67
£2,213.30
Income Tax:-£323.83
National Insurance:-£129.53
Weekly
Gross: £615.38
£510.76
Income Tax:-£74.73
National Insurance:-£29.89

Effective tax rate: 17.0%|Marginal rate: 20%

Retail Manager Salary by Location

Retail Manager salaries vary significantly by region. London typically offers the highest salaries but also has a higher cost of living.

London
£38,000
+27% vs national
South East
£34,000
+13% vs national
National Average
£30,000
baseline

Retail Manager Salary Growth (2020-2025)

See how Retail Manager salaries have changed over the past 5 years, including inflation-adjusted real growth.

Retail Manager Salary Trends (5 Years)
Historical salary data from 2020 to 2025

+14.1%

Total Growth

+£3,959

Salary Increase

+2.7%

Annual Growth Rate

-10.8%

Real Growth (Inflation Adj.)

Year-over-Year Changes

20202021
£28,041£27,620-1.5%
20212022
£27,620£28,449+3.0%
20222023
£28,449£29,729+4.5%
20232024
£29,729£30,918+4.0%
20242025
£30,918£32,000+3.5%

Key Skills Required

Team LeadershipSalesCustomer ServiceStock ManagementBudgetingVisual Merchandising

Typical Qualifications

  • Retail experience
  • Management training
  • Strong commercial awareness

Retail Manager Career Progression

Sales Assistant
Supervisor
Assistant Manager
Store Manager
Area Manager
Regional Manager

What Does a Retail Manager Do?

Managing day-to-day store operations
Recruiting and training staff
Driving sales and meeting targets
Managing stock and inventory
Ensuring customer satisfaction

Industries Hiring Retail Managers

FashionSupermarketsElectronicsDepartment StoresSpeciality Retail

Calculate Your Take Home Pay

Adjust the salary and see your personalised take-home pay calculation.

Your Income

Enter your salary details for 2025/26

£
£
£
0%

Salary sacrifice reduces taxable income

Take Home Pay

£26,559.60/year

83.0% of gross income

  • Gross Income£32,000.00
  • Taxable Income£19,430.00
  • Income Tax-£3,886.00
  • National Insurance-£1,554.40
  • Total Deductions-£5,440.40

17.0%

Effective Rate

20%

Marginal Rate

£32,000 Salary Insights

Compare your salary and understand your tax breakdown

£32,000 vs UK Wages

Below UK median

-9%

vs UK Median

£3,000

Below Median

Where Your £32,000 Goes

Annual breakdown of your salary

Take Home83.0%
Income Tax12.1%
National Insurance4.9%

Tax Benefits on £32,000 from Pension

See how pension contributions reduce your tax bill

Increase your pension contribution to see potential tax savings. Pension contributions reduce your taxable income.

Retail Manager Salary FAQ

What is the average Retail Manager salary in the UK?

The average Retail Manager salary in the UK is £32,000 per year. Salaries typically range from £22,000 for entry-level positions to £50,000 for senior roles.

How much does a Retail Manager earn in London?

A Retail Manager in London earns an average of £38,000 per year, which is 27% higher than the national average.

What is the take-home pay for a Retail Manager?

On the average Retail Manager salary of £32,000, you would take home approximately £26,560 per year (£2,213.30 per month) after income tax and National Insurance.