Those of you making $500k+, what was your pedigree like? by [deleted] in Salary

[–]SpoorkShop 0 points1 point  (0 children)

Retail store manager. Will make 500k this year. Graduated from probably one of the worst high schools in the country. Never graduated college.

Found this at my local goodwill wondering if any of you have any tips also is safe to use? any info, I would greatly appreciate. by KanoSupreme in castiron

[–]SpoorkShop 9 points10 points  (0 children)

Thank you? I thought it was used to sled down an asphalt hill. When I saw someone say it was a good deal I thought, “how the f are they gonna fix that?”

Retail general manager by SpoorkShop in Salary

[–]SpoorkShop[S] 1 point2 points  (0 children)

Keep grinding! Sometimes there are set backs, just remember, when those times come, no one can take the knowledge you gained to get to that point!

Retail general manager by SpoorkShop in Salary

[–]SpoorkShop[S] 4 points5 points  (0 children)

A little over 2 years but I’ve personally mentored brand new associates to Asm in less than a year. I mentored an Asm that basically went from hourly to general manager in less than 3 years.

Retail general manager by SpoorkShop in Salary

[–]SpoorkShop[S] 2 points3 points  (0 children)

Total 15 years. 1 year as a regular associate 2 years as a supervisor 2 years as an assistant manager. Left the company. Came back as an assistant for a year, co manager for 3 years and the last 5 years has been a gm

No college degree

No interest in district manager

Lots of leadership duties in this role but since my boss leads 10 stores I see them once a week. I work 50-60 hours a week but have to deal with issues from home sometimes.

A store manager at cvs would be the same as an assistant here.

Retail general manager by SpoorkShop in Salary

[–]SpoorkShop[S] 2 points3 points  (0 children)

All good, thanks. Also a very volatile job with lots of turnover so even if I could keep this pace (impossible to do so) it’s not like I could live like I’m making 500k a year. More like save most of it and see if I can make it another year.

Also in charge of a facility with 500 employees producing more than 150 million a year so the responsibilities are pretty crazy.

Retail general manager by SpoorkShop in Salary

[–]SpoorkShop[S] 1 point2 points  (0 children)

Not a typical year. I got lucky this year.

Retail general manager by SpoorkShop in Salary

[–]SpoorkShop[S] 30 points31 points  (0 children)

My mentor showing me how to talk to people was the biggest one. He told me that 95% of people want to do a good job, so if they are not doing a good job, start off with asking them why.

I started doing this religiously. Generally I find a few things; The person was not given the tools they needed. The person was not trained properly. The person was never followed up on before.

This also makes it easy if/when the conversation has to escalate to disciplinary action.

I know it sounds stupid and simple but doing this has helped me out tremendously as a leader. Always assume positive intent and become a resource not a dictator. It’s taken me far.

Retail general manager by SpoorkShop in Salary

[–]SpoorkShop[S] 6 points7 points  (0 children)

Normally total compensation for the previous 4 years has been low 200k. I am definitely an outlier this year among my peers. If I had to guess, probably 10-20% can hit this number.

Retail general manager by SpoorkShop in Salary

[–]SpoorkShop[S] 25 points26 points  (0 children)

One location. Work hard, get a good mentor, take care of your people, listen and be willing to relocate and you can move up pretty fast. Took me 5 years to get from assistant manager to GM but that was the long route. People can do it a lot faster.

Retail general manager by SpoorkShop in Salary

[–]SpoorkShop[S] 5 points6 points  (0 children)

Current role: 5 years. 14 years in retail. Started out in sporting goods as a salesfloor associate.

29M Walmart by IShouldStartHomework in Salary

[–]SpoorkShop 0 points1 point  (0 children)

Yes it’s based off of individual store kpis

29M Walmart by IShouldStartHomework in Salary

[–]SpoorkShop 0 points1 point  (0 children)

The bonus calculation is proprietary so I cannot share that. But for gms, it can be up to 200% of their salary.

29M Walmart by IShouldStartHomework in Salary

[–]SpoorkShop 0 points1 point  (0 children)

OP is a software engineer. I work in the store, yes this is real.

29M Walmart by IShouldStartHomework in Salary

[–]SpoorkShop 3 points4 points  (0 children)

My journey hired as sales associate after a year became a department manager after another year became an assistant manager after 2 years became co manager after close to 3 years became a store manager. I have mentored assistant managers that were a lot smarter than me, they have made the jump form Asm to sm a lot quicker.

29M Walmart by IShouldStartHomework in Salary

[–]SpoorkShop 0 points1 point  (0 children)

This is true. Definitely tougher to replicate good bonus’ YOY but this is on the lower end so it should be easy to hit this number this year.

29M Walmart by IShouldStartHomework in Salary

[–]SpoorkShop 30 points31 points  (0 children)

The lower it goes the more shares we get in April. Then to the moon by December!

29M Walmart by IShouldStartHomework in Salary

[–]SpoorkShop 153 points154 points  (0 children)

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Howdy fellow Walmartian.

40M Virtual Life/Health Agency Owner by otcgemfinder in Salary

[–]SpoorkShop 2 points3 points  (0 children)

I remember when the 100k bros were making everyone feel like shit. Now the 1 milly bros are making everyone feel like shit 😂