2002
General manager £55,000 - £65,000 + car + bonus (to 100%) + share options
Deputy manager £27,000 - £35,000 + bonus (to 30%) + share options
2001
General manager £50,000 - £60,000 + car + bonus (to 70%) + share options
Deputy manager £25,000 - £35,000 + bonus (to 30%) + share options
If you are eligible for these roles you will be in a multi site role or managing a unit comparable in size. So this market is very tight. The trend over the past 12 months has been a 5% increase in basic salaries with the biggest change an increased bonus opportunity, and not just tied to a company bonus scheme. That's been very attractive for managers at this level.
n Superstore (turnover between £15m and £50m)
2002
Store manager £40,000 - £55,000 + car + bonus (to 70%) + share options
Deputy manager £25,000 - £35,000 + bonus (to 30%)
2001
Store manager £38,000 - £50,000 + car + bonus (to 50%) + share options
Deputy manager £23,000 - £33,000 + bonus (to 30%)
Add up all the stores for the top four food multiples and you will come to a total of more than 1,800 outlets. Superstore managers will traditionally be promoted from within the company. If they are sourced externally, they'll probably, naturally enough, come from a competitor multiple where they have been in a similar role. Here the salary trend has seen an inflation increase on the basic, coupled with an increased bonus opportunity. It's not as big as for hypermarket managers, but it is worth having.
n neighbourhood (turnover between £2.5m and £15m)
2002
Store manager £22,000 - £35,000 + bonus (to 50%)
Deputy manager £18,000 £30,000 + bonus
2001
Store manager £20,000 - £33,000 + bonus (50%)
Deputy manager £15,000 - £28,000 + bonus
Here the number of managers is vast, and people in such roles do not have to have a food background, though obviously it is preferred. Deputy manager for a neighbourhood store is one of the most tightly fought recruitment areas in food retailing with candidates moving between rivals. The increase in basic salary here has been 5%, with less emphasis on performance related pay.
n CTN (turnover between £500,000 and £2.5m)
2002
Store manager £15,000 - £22,000 + nominal bonus
Assistant manager £10,000 - £15,000
Managers in this sector come from a management background but this could be any sector; some CVs could include catering and hospitality. There has been increased demand for managers at this level so salaries have increased in this area by more than 5%.
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