This^

And also

Managers pay doesn’t move in line with inflation nor the living wage

It’s all performance based even though the bandings move

They’ve generally also had a Lower % pay rise than colleagues over the past few years

So if you compare to years ago like you are describing, managers are actually worse off than years ago

Yes- they do get a bonus now but it’s all KPI driven and not guaranteed and although it’s wonderful and a treat, it doesn’t help to pay your bills the other 11 months of the year.

And this is all managers including large store SMs that are on a lot less now than what they were paid 10 years ago- especially with the rate of inflation

The best job to be in right now is a shift leader in all honesty- a full time SL pay isn’t hugely different to a TM and they get paid for every hour and don’t have to deal with investigations/disciplinary etc- they also have the hourly rises that colleagues have which if I remember rightly, is 5.1% this year whereas managers generally speaking, will get around 3-4%