As of October 01, 2026, the average salary for a Retail Manager in Training (MIT) in the United States is $48,000 per year, which breaks down to an hourly rate of $23.
However, a Retail Manager in Training (MIT)'s salary can vary significantly. Here’s a look at the typical salary range:
Retail Manager in Training (MIT) Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $55,000 | $4,583 | $1,058 | $26 |
| Average | $48,000 | $4,000 | $923 | $23 |
| 25th Percentile | $43,400 | $3,617 | $835 | $21 |
A Retail Manager in Training (MIT)'s salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location, education and company size can directly affect your earning potential.
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 22.98% |
| Retail Management | 1.59% |
| Internal Control | 1.11% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Retail Manager in Training (MIT)'s salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Budgeting | $57,600 | |
| Training Management | $57,120 | |
| Flexibility | $56,640 |
Retail Manager in Training (MIT) salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $52,697. While startup companies pay approximate $44,490.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $44,490 |
| Growth Stage | 51~500 | $47,080 |
| Established | 501~5000 | $50,852 |
| Enterprise | 5000+ | $52,697 |
Your level of education can impact your salary potential. While many Retail Manager in Training (MIT)s enter the field with a No Diploma degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Retail Manager in Training (MIT) with a No Diploma is between $39,000 and $44,704).
| Typical Education for Retail Manager in Training (MIT) | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 6.8% |
| High School | 13.6% |
| Associates | 10.2% |
| Bachelors | 64.4% |
| Masters | 5.1% |
| Doctorate | 0.0% |
Understanding how a Retail Manager in Training (MIT)'s annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $55,000 | $4,583 | $1,058 | $26 |
| Average | $48,000 | $4,000 | $923 | $23 |
| 25th Percentile | $43,400 | $3,617 | $835 | $21 |
Promotions are the fastest way to increase your earnings. As a Retail Manager in Training (MIT), you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Bakery Manager - Grocery | $54,000 | 12% |
| Deli Counter Manager - Grocery | $46,600 | -3% |
| Supermarket Assistant Manager | $58,600 | 22% |
| Meat Department Manager | $60,400 | 26% |
Salaries for a Retail Manager in Training (MIT) can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $51,191 in 2023 to around $49,710 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Retail Manager in Training (MIT) salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $51,191 |
| 2024 | $50,366 |
| 2025 | $49,710 |
| 2026 |
View More
|
| 2027 |
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The Hospitality & Leisure industry offers the highest average compensation for Retail Manager in Training (MIT) roles, with salaries approximately 20% above the market median.
The highest salary for a Retail Manager in Training (MIT) is ₹62,700 annually. In comparison, cities like Bengaluru and Mumbai offer higher monthly salaries, with Bengaluru at ₹75,469 and Mumbai at ₹71,114. However, the standard salary range for MITs typically falls between ₹37,800 and ₹62,700 annually.
The Store Manager In Training (SMIT) role involves supporting the Store Manager in leading and managing store operations. SMITs focus on enhancing customer loyalty through exceptional service and play a key role in achieving operational success. The salary for this position ranges from $37,800 to $62,700, with a midpoint of $47,400.
The starting salary for a Retail Manager in Training (MIT) ranges from $37,800 to $62,700, with a mid-salary of $47,400. This reflects the entry-level compensation for this position, providing a solid foundation for career growth in the retail industry. Did you find this article helpful?
The highest paying job in retail can vary, but a Retail Manager in Training (MIT) typically earns between $37,800 and $62,700 annually, with a median salary of $47,400. This role offers a solid entry point into retail management, providing opportunities for growth and higher earnings as experience increases.
The estimated average pay for a Retail Manager in Training (MIT) is between $37,800 and $62,700 per year, with a midpoint of $47,400. This range reflects the varying levels of experience and responsibilities associated with the role.
The salary for a Retail Manager in Training (MIT) at CVS ranges from $37,800 to $62,700, with a midpoint of $47,400. This reflects the competitive compensation structure for training roles within the retail sector.
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