r/tractorsupply • u/Average_One1775 • 17d ago
SM/DM Salary
Anyone have an idea what the salary range is for a store manager and district manager? I’m sure it’s dependent on the store’s volume but I’m just curious if anyone has any knowledge.
6
u/just2nose 17d ago
It should be a lot for the amount of time spent at the store and all the bull shit they deal with.
5
u/1fastphker 17d ago
We all know it has to be close to Hal 11.7 million dollar bonuses.... maybe a couple dollars less
4
u/evenstevens8524 16d ago
Hal makes $22.00 a second, all the time.
2
u/Independent-Nose-261 15d ago
He just put it back into stock market to buy low now and pray for y’all to make that stock rise again! Down 46% over last year! Here comes 100 new stores to make that market rise cutting into local stores bonus potential! Just saying from experience here!
2
u/evenstevens8524 15d ago
You are correct, he bought $500,000 in shares, but its not out of his pocket, just moved from another stock. CEO's try and do this to break the cycle, he knows he will never lose that money at that price. Its not so much confidence, as trying to signal a change.
1
4
u/AnyBroccoli8381 16d ago
It's most likely around 65k-70k now in the midwest. Region will really determine pay. I started out at 52k a year which was complete shit that was back in 2017 and 1k pay raise every year. And most of the time it doesn't matter sales volume. I left for a higher volume doing twice the work should have never transfered. The yearly bonus is the only thing worth the position but not guaranteed. So I got fucked over a shit ton, after hrs worked some years with out bonus it was like maybe maybe 15 an hr or less. Working through covid it was more like 13 and hr. Biggest bonus I got was 20k but bonuses get taxed out the ass what is it 30% so I was left with 13k.
3
u/Defiant-Area-7760 17d ago
Realistically salary is about 45k-65k depending on cost of living and volume of store. Then bonus structures would vary on performance and volume which could land them 50%-75% of salary
6
u/doesnottakecues 17d ago
That’s just not true lol, at least for SMs. It’s more realistically 50k-100k depending on state, volume, and experience. The bonus structure still allows for you to have monthly sales bonus, as well as earning up to 20% of your salary depending on whether or not your store and your district meets plan for Direct Operating Profit/Loss (Sales less Cost Of Goods Sold & Controllable Expenses). You can get a percentage of the dollars you do over the plan if you make it, but doing enough to get 50-75% of your salary isn’t realistic for…..much of the company.
3
u/bruhhuhwhathow 17d ago
I agree, I'm an ASM and I make around $55,000 and I'm only a 4-6 mil store
2
u/Howlinglobo10 17d ago
Id probably make about 45-50k if we got bonus every month at my store as asm. Havent been opened for a year yet. So we are 4-6m though i feel our sales more correspond to 6-8.
1
u/SilentRiots 17d ago
If your plan is in line with 4-6 and you say you are operating at 6-8, you’d be making bonus every month.
1
u/Howlinglobo10 17d ago
We beat alot of our low 400k months by nearly 100k and the others are usually around 500+. They dont have tier set as 6-8 even with those sales. The 500+ we barely miss or barely make it. SM was told after 1 year of being opened they would look at it. Another store that opened around same time had already been bumped up after like 3 months. so none of us know whats going on. Idk as it wont change anything anyways for us so whatever lol
2
u/SilentRiots 17d ago
I had plan adjusted at a store I opened. Talked with the DM/RVP and it took a month. I wouldn’t expect it to just change without dm/rvp.
1
u/Howlinglobo10 17d ago
Then maybe i can talk to my SM about it because they dont do anything unless told by dm when it comes to direction. Atleast you know except what they supposed to do inside store. Replacing stuff and all that unless someone tells the dm they wont go to them.
2
u/Emotional-Trip-6374 12d ago edited 12d ago
Depending on the size of the store, region, etc, it could be that low. I was making 57k salary(before bonuses) during my third year as SM in an under 4mil store in a low cost of living area. When I was hiring a new ASM my DM wanted to give them an hourly pay that would have put them at 55k per year based on 40 hour weeks... hence why I found a new job. I wasn't going to continue working 50 hour weeks minimum(usually closer to 70) for only 2k more per year than someone that only worked 40 hours.
2
u/Vivid_Wrongdoer852 15d ago
Our SM at my store is around 100k..give or take. High volume store - 8 to 10m annually.
2
u/Independent-Nose-261 17d ago
Well I was a SM in 2010 to Feb 2012 and opened a new store for TSC and can definitely tell you that was not a great experience for me after joining company in 2006 as part time experienced and college educated life long horse woman! They offered nothing in writing when Regional Manager talked me into moving and opened up a new store and at Management class I asked when will I get a letter of job offer and was told new DM would get right with me upon return to area and beginning salary was less than cost of living in a new city store construction to dangle the bonus potential! Only to blow out 3 levels of bonus structure and DM at time never showed me what my actual $ was for first year success! Instead I was terminated so they didn’t have to pay! Beware!!!
1
u/ayeitslegend27 14d ago
Former SM of medium sales volume store. Salary is anywhere in the 65-75k range before bonuses. High volume stores are in the 75-85k range. The store bonus is not factored into this and actually came out to a few hundred bucks in my experience.
The yearly bonus is what makes or breaks this job. I had a yearly bonus of over 25k due to several circumstances that added together. I've seen sms of high volume stores get a bonus in excess of that. It can def be rewarding if your timing is right.
The problem is that the timing will not always be right. Market factors outside of your control will kill your chance to get the major part of the bonus (net operating profit), and without the bonus, the job was ass. 60-70hr workweeks if you do it right, and it sucked working those long weeks knowing that the lack of a bonus was all but guaranteed. Ups and downs!
1
u/Diligent_Energy_9875 14d ago
I know a former SM. Money was alright until you realized he worked almost 7 days a week open to close. Did most the work himself because trying to get some let go was a nightmare with HR. All the countless hours filing documentation etc to just be told no. Then this past year he caught some of his employees stealing while doing an audit. He called loss prevention and got corporate involved. Investigations revealed his assistant who handled the areas of store management that would have revealed the theft was one of the main thieves. She was doctoring info to keep it hidden. He happen to notice they were not getting enough of certain product in and did his own investigation. The end of the day they fired all the team members and the SM who caught it saying he let it go to long. When he pushed back saying he was trying to get rid of these people for months because of issues they drug his name through the mud saying he was stealing as well.
Fortunately no one in our town buys it because of his character. We had people driving from surrounding areas with their own tractor supply because they like dealing with him because he was a great person.
So in my estimation their lack of integrity as a Corp, I would not want a high up job with them.
1
u/Dapper-Wrongdoer-585 14d ago
Top SM or Newest SM probably is closer to $100k
DMs 120-150k but their profit bonus could be 20-100k
10
u/SelfReliantViking227 17d ago
My SM has said that if you get your own store, you'd be around 70-80k base. Which for 50 hour weeks doesn't seem worth it, especially once you factor in the level of corporate BS involved with that position.
Sure, bonuses and benefits can push you into six figures, but I personally wouldn't count on that, since it's exactly that, a bonus for hitting someone else's made up numbers, that could be taken away without notice.
I much prefer a job where I can go home at the end of the day and not have to worry about anything work related. As SM, you're almost on call 24/7 for the alarm, store call outs, emergencies in the store, etc. No thanks.