15 highest paying retail jobs in 2022

No industry pays more than retail, this giant is worth an estimated value of over $ 5 trillion as of 2017 four years ago

Now imagine how far this industry must have grown, not counting the Covid19 pandemic which wiped out literally 60% of the world’s global finances

During this period, retail sales increased by an estimated 6.7% in 2020.

In today’s article, we’re going to talk about the 15 highest paying retail jobs in 2022.

But before we hit the nail on the head, let’s understand what working in retail is all about

What is a Retail Job?

This work covers the presentation, marketing, organization, storage and sale of products and services to customers in-store or over the phone

Put simply, it covers every step required to run your store successfully.

From opening and closing the store during working hours and after working hours, to handling the cash register, ordering new goods in case of shortages, communication with customers, cleaning the building, etc.

Working in a retail store requires basic sales, communication, multitasking skills, etc.

Read: WHO IS THE HIGHEST PAYING SELLER? THE TOP 10 HIGHEST PAYING AUTOMOTIVE SELLERS

Scale of salaries in retail trade

Such a basic requirement for the industry that, according to the Wage Chart,  pays a minimum of $ 10 an hour and bonuses ranging from $ 20 to $ 500 to a simple salesperson, those guys who greet you every time you walk into a store and sometimes show you a product

That’s right, these guys are paying so much for what they do

In a year that’s literally an estimate of 21,000

That’s literally my entire rent for the year

Just to stand around and point people at things

You wonder how much the owner of these stores earns

How profitable is it to work in retail?

Quora’s quick study explains that when a retailer buys goods from a wholesaler at a certain price, he adds up the costs at which he believes the customer will pay

This margin includes the costs of running a business, i.e. employees’ salaries, utilities, rents, etc. The only thing left for them is profit

Thinking they were robbing their customers. Think again

You see, they don’t always make money on every major sale, but on smaller sales

Let me explain that you bought a refrigerator at an electronics store, they may not make money selling the refrigerator

Even if it were, it would be a very small margin but they would have a nice profit on the adapter, wires, dust cover, extended warranty you bought with it

According to the Bureau of Labor Statistics, the median salary of the average retail worker is $ 13 per hour and $ 27,000 per year with elementary education

15 HIGHEST PAID RETAIL WORKS IN 202 2

The great thing about becoming a retail worker is the fact that it doesn’t require any experience or even formal education,

Heck, you can even study on the job

But to be able to earn more and secure those highly paid retail jobs

PS: Very good experience in the retail industry through training or formal education is required

Here are the 15 highest-paid retail jobs in 2022.

1. Cosmetic consultant
2. Pharmacy technician
3. Purchasing agent  
4. Loss Prevention Manager
5. Regional Loss Prevention Manager
6. Cosmetics manager
7. Purchasing Manager
8. Customer Service Inspector
9. Customer Service Manager
10. Retail Account Manager
11. Store manager
12. Chief manager
13. Regional manager
14. Seller
15. Retail franchise owner

1. Cosmetic consultant

Average Salary: $ 43,000 per year

Responsibilities: As a beauty consultant in the retail industry, your primary responsibility is to help your customers choose a variety of beauty products including skin care products, makeup cosmetics, hair care products, etc., as well as teaching them how to use and apply the product .  

Duties of a cosmetics trade consultant 

• Answer customer questions
• Offer a cosmetic consultation
• Provide test samples
• Demonstrate how products work
• Create product recommendations
• Closing the sale of products

Qualifications

• Experience in sales
• Higher education diploma
• A cosmetology license can give you a wedge
• Extensive knowledge of cosmetic trends
• Extensive knowledge of skincare, makeup, stylish brands and products
• Great sales skills

The companies that offer these retail jobs include:

Ulta beauty, Oriflame, Nordstorm, Sephora, Purple, Sally beauty

Read: 17 Highest Paid Recruiters in the US | The best companies and the state

2. Pharmaceutical technician 

Average Salary: $ 33,000 per year for entry level

Responsibilities: As one of the highest paying jobs in the retail industry, your primary responsibility as a pharmacy technician is to help pharmacists throughout their shift.

This can include filling prescriptions, handling paperwork, answering phone calls, interacting with customers, etc.

Duties of a retail pharmacy technician

• Telephone conversation support
• Help other pharmacy workers  
• Service cash register
• Directing clients to the appropriate staff for their medical issues  
• Helping clients fill out forms
• Operation of laboratory equipment and computers
• Processing prescriptions and insurance claims

Qualifications

• Higher education diploma
• Formal education or training program
• Great attention to detail
• The ability to listen
• Organizational skills
• Basic math skills
• Excellent customer service

The companies that offer this highly paid retail job include

Apteka Cvs, PharMerica, Walmart, Safeway, Walgreens

3. Purchasing agent:

Average Salary: $ 60,000 per year

Responsibilities: the buyer is responsible for filling the shelves of the store, i.e. buying clothes, materials for sale in the store.

This may include placing an order from vendors, building relationships with these vendors, tracking the delivery of purchased material to make sure it arrives successfully.

Purchasing Agent Responsibilities

• Stock management
• Checking what product is selling and what is not
• Keeping the trend with new hot products hitting the market
• Negotiating prices and delivery times

Qualifications

• Business or technical bachelor’s degree
• Professional experience in purchasing
• Proficiency in negotiating to make better deals for the company
• Ability to work with a team
• Organizational skills
• Comprehensive commercial awareness
• Ability to work under pressure
• Interpersonal communication skills

Companies that offer positions as purchasing agents or planners in their retail stores

Zastosowany materiał, Boart Longyear, Thermo Fisher Scientific, Arrow Electronic, Plato Closet, Wr group,

4. Loss Prevention Manager

Average Salary: $ 38,000 per year

Responsibilities: Each retail store has measures in place to prevent and minimize theft and these measures are overseen by the loss prevention manager.

It aims to come up with different ways to prevent shoplifting, looting, burglary, etc.

Loss prevention manager responsibilities

• Investigate violation of these measures
• Communicate with government agencies to act properly
• Personal safety training
• Inventory monitoring
• Coming up with the latest technological solutions for store security
• Reduce the financial loss of a retail store due to shop theft, theft. 

Qualifications

• Bachelor’s degree in any field related to crime
• Experience
• Loss Prevention Certificates
• Great communication skills
• Ability to work in a team-oriented environment
• Detail oriented
• Computer literacy

Firms that offer high-paying retail jobs include

Target, GAP, Walmart, Autozone, port freight tools

5. Regional Loss Prevention Manager

Average Salary: $ 86,000

This job is literally the highest paid job in retail in 2022.

This is a legacy loss prevention manager whose job is to prevent losses across multiple stores while ensuring profitability.

He shares the same responsibilities and responsibilities with the Loss Prevention Manager

The companies that offer this highly paid retail job include

Sklepy Burlington, Sears, GAP

6. Cosmetics manager:

Average Salary: $ 52,000 per year

Responsibilities: the head of the cosmetics department is responsible for supervising the beauty department of a retail store, is responsible for monitoring inventory, managing beauty consultants, assisting customers

Cosmetics manager duties:

• Manage your employees in the beauty department, from inventorying to guiding beauty consultants
• Helping customers when ordinary staff is having a hard time?
• Referring customers to helpful products and tips
• Balance your cash and keep your funds safe
• Make sure the store shelves are filled with current products

Qualifications

• Extensive knowledge of cosmetics
• Experience as a cashier
• Great communication skills
• Conflict resolution skills
• A diploma is a plus

Read: The 25 Best-Paying Jobs in Florida

7. Purchasing manager:

Average Salary: $ 121,000

Responsibilities: The responsibilities are the same as the purchasing agent, but unlike the latter, the purchasing manager works for large companies.

Responsibilities include:

• Managing the chains of purchasing agents or buyers
• Negotiating contracts
• Viewing the quality of products
• Maintaining a database of high-quality suppliers

Companies that offer this highly paid retail job include a mega retail franchise, for example

Walmart, Target, GAP, amazon

8. Customer Service Inspector

Average Salary: $ 47,000 per year

Responsibilities: A retail customer service manager is one who manages the company’s customer service team to make sure they are doing their job to the fullest

Responsibilities of a customer service advisor

• Hire and train new customer employees
• Monitoring the results of the team’s work
• Resolving complaints from both employees and customers
• Completing formalities and refunds, etc.

Qualifications:

• Higher education diploma
• 2+ years of professional experience
• Extensive knowledge of customer service
• Computer literacy
• The ability to listen
• Ability to solve problems
• Ability to work effectively in a team

The companies that offer this highly paid retail job include

Whole Food Market , OfficeMax Warehouse ,  Antimony Powder

9. Customer service manager

Average Salary: $ 94,000

Responsibilities: The duties of the customer service manager are similar to those of the customer service manager, he is in a higher management position than the latter; he manages the entire supervisor and the client’s team

Responsibilities of the Customer Service Manager

• Help customers buying in your store
• Investigate and solve the customer’s problem
• Handling of returns and compensation
• Use statistics to determine how good your customer service is
• Train a customer service manager to stay up to date with your organisation’s products or services

Qualifications: 

• Another advantage is the diploma in business, consumer, management and marketing
• Experience
• Communication skills
• The ability to listen
• Creative thinking
• Ability to work under pressure

The companies offering positions in this highest paying job include

Walmart, Kroger, 7eleven, dźwigar, one-stop

10. Retail Account Manager

Average Salary: $ 48,000 per year

Responsibilities: The retail account manager is to act on behalf of the supplier to sell goods and materials to retail companies.

They are also tasked with maintaining relationships with the company’s retail clients

Duties:

• Maintaining excellent relationships with key retail clients
• Answer customer questions
• Track key account details
• Create new business opportunities with existing customers

Qualification:

• Diploma in business administration, sales
• Experience
• Ability to communicate and influence decisions
• Extensive knowledge of CRM software
• multitasking
• Strong interpersonal relationships

The companies offering positions in this highest paying job include

grapevines for vineyards, AT&T

11. Store manager

Average Salary: $ 48,000 per year

Responsibilities: The store manager has the task of running a retail store on a daily basis, including hiring and training staff, reviewing financial records, etc.

Store manager duties

• Achieving a high level of customer satisfaction
• Achieving margins through mentoring, motivating feedback from store employees
• Keep the store in perfect condition
• Solving problems within the organizational structure of the store
• Innovative creative ideas to increase your sales

Qualifications

• A bachelor’s degree is a plus
• Great customer management skills
• Organizational skills
• Great ability to manage people
• Proven experience as a manager

The companies offering positions in this highest paying job include

Starbucks, T-Mobile, general dollar

12. General Director

Average Salary: $ 54,000

Responsibilities: The CEO is tasked with coordinating the activities of several stores and warehouses etc., overseeing various administrative tasks such as payroll, accounting

General Store Manager Responsibilities

• Supervising day-to-day business operations
• Training of store managers and employees
• Improving store revenues
• Hiring employees
• Create reports and presentations

Qualifications

• Business degree
• Extensive knowledge of the functioning of retail stores
• Great leadership skills
• Effective vocal and communication skills
• Detail oriented
• Computer literacy

The companies offering positions in this highest paying job include

Adidas, Luka, Domino, Gamestop

13. Regional manager

Average Salary: $ 77,000

Responsibilities: Regional managers are responsible for overseeing all operations in the area. They control and make sure that employees follow the company’s rules when managing budgets.

Responsibilities of a regional manager

• Marketing of the company’s products after internal meetings
• Organizing sales targets and communicating them to key people
• Quickly respond to customer requests
• Establishing long-term and beneficial relationships with clients
• Store financial results for reporting to senior management teams

Qualifications

• Higher education diploma
• Experience in management and leadership
• Exceptional communication skills
• The ability to multitask

The companies offering positions in this highest paying job include

Pizza hut, Domino, Ulta

14. Seller

Average Salary: $ 46,000 per year

Responsibilities: As a reseller, you have a responsibility to help customers find products, answer questions, etc. Put simply, they are required to assist the customer in completing the purchasing process.

Duties

• Suggest ways of selling
• Extensive knowledge of the product offered in the store so as to fully help the customer
• Build trust among customers
• Cash register service and financial transaction support

Qualifications

• Basic math skills
• Basic selling skill
• Good command of the English language  
• Energetic personality
• Ability to act under pressure

The companies that offer positions in this highest paying job in retail are

Nike, staples, Macy, Adidas

Read: 10 highest paying software engineers in the world | 2022

15. Retail Franchise Owner

Average Salary: $ 64,000

No matter how much each job in a retail trade pays, nothing beats owning a retail store

This role requires the opening of a network of retail stores under a popular brand while maintaining enormous operational control

You can choose to be actively involved in the day-to-day running of your business, or you can simply hire a store manager to run locations, all of these varieties of locations, niches, and your target market.

FREQUENTLY ASKED QUESTIONS ON HIGHEST PAYING RETAIL JOBS

Conclusions

The above jobs qualify as the highest paying retail jobs in the world, sometimes you can start right away with your high school diploma. Or you can climb to the top without earning an academic degree. But having one can literally open many doors in this trillion-dollar industry.

Use the information in this article as a guide on your journey to the retail market

Good luck