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2018 Retail and Luxury Salary Guide

Leezia Yin - 15/01/2018
2018 Retail and Luxury Salary Guide

Expected salary ranges for retail & luxury professionals in Shanghai.

Contents:

Store Management Salaries | Retail Operation Management Salaries | Store Expansion & Business Development Salaries  | Franchise & Account Management Salaries| Planning Salaries | Merchandising & Buying Salaries | VM & Design Salaries | Retail Training Salaries
Commentary on Retails and Luxury Roles and Remuneration in Shanghai for 2018

Store Management | Basic Salary Per Month
Role Senior Sales Supervisor Assisant Manager Manager Store GM
Regular Store 12-15K 15-18k 18-25k 20-30k n/a
Flagship Store 15-20k 18-22k 20-25k 25-35k 30-50k
Outlet Store 10-12K 12-15k 15-20k 20-25k n/a
Retail Operation Management | Basic Salary Per Month
Role Supervisor Assisant Manager Manager Senior Manager Director / VP
Area / City / Regional Management 15-20K 20-25K 20-35K 30K -50K 50K above
Operation & Maintanence 15-20K 20-25K 20-35K 30K -50K 50K above
Logistic & DC Management 10-20K 15-25K 20-40K 35K -50K 50K above
Store Expansion & Business Development | Basic Salary Per Month
Role Supervisor Assisant Manager Manager Senior Manager Director / VP
Store Expansion & Business Development 15-20K 20-30K 25-40K 35K -50K 50K above
Franchise & Account Management | Basic Salary Per Month
Role Associate Assisant Manager Manager Senior Manager Director / VP
Franchise Operation n/a 15-20K 20-30K 30-50k 50K above
Account Management n/a 10-20K 20-35K 30-50K 50K above
Planning | Basic Salary Per Month
Role Associate Assisant Manager Manager Senior Manager Director / VP
Merchandise Planning 12-18K 15-25K 20-35K 30-45K 45K above
Business & Sales Planning & Analysing 10-20K 15-30K 20-40K 30-50K 50K above
Demand Planning 10-20K 15-30K 20-40K 30-50K 50K above
Strategy Planning & Analysing 15-25K 20-35K 30-50K 40-60K 60K above
Merchandising & Buying | Basic Salary Per Month
Role Associate Assisant Manager Manager Senior Manager Director / VP
Merchandising & Buying 12-18k 15-25K 25K -40K 35K -60K 50K above
Allocation 10-15K 12-20K 15-25K 25K above n/a
Online Merchandising & Buying 15-25K 20-30K 25K -40K 35K -60K 50K above
VM & Design | Basic Salary Per Month
Role Associate Assisant Manager Manager Senior Manager Director / VP
Visual Merchandising 10k-15K 15k-20k 20k-30k 25k-40k 40k and above
Fashion Design 10k-15K 15k-20k 20-35K 30 -40K 40k and above
Graphic 2D/3D Design 10k-15K 15k-20k 20-35K 30 -40K 40k and above
Store Design & Construction 10k-15K 15k-20k 20k-30k 30 -50K 50K above
Retail Training | Basic Salary Per Month
Role Associate Assisant Manager Manager Senior Manager Director / VP
Retail Training 15k -20K 20k -30K 25k-35K 30k-50K 50K above
Training Accedmy 10-20K 20 -30K 25 -40K 35K -50K 50K above

Commentary on Retails and Luxury Roles and Remuneration in Shanghai for 2018

Salary level remains at a similar level compared to last year, more hiring needs towards outlet stores and central China, location such as Chengdu, Wuhan and Chongqing.

Area management and operation roles are mostly coming from people leaving their current roles, especially for the luxury sector. High demand is coming from Logistic and DC warehouse manager, salary levels are relatively competitive for EC channels.

There is an increased demand for BD and Store expansion talent coming from central China, mainly based in Sichuan and HuBei provinces, due to relatively lower living cost compare to East China, the salary levels tend to be 10-15% lower compared to East China.

Demand for KA management for Sports or outdoor sectors are relatively high, new roles from E-commerce account management, salary level similar to last year.

For planning positions, companies tend to prefer agency or inhouse experience candidates, and salaries tend to be 10-15% higher compared to pure agency profiles. New roles mostly come from business & sales planning roles focusing on retail business improvement.

Most of the merchandising & buying positions are replacement roles, new hiring needs are coming from online merchandising sector. Salary levels for candidates with both online & offline experiences are 10-15% higher than those who only have offline experience.

Training has become more critical during recent years, many companies have separated training into two functions, training academy and course delivery. Salary levels for training candidates has increased 15-25% over the recent years.

Manager | Retail & Luxury Recruitment
+86 21 2287 3170
lyin@morganmckinley.com