What Is the Salary of a Starbucks Store Manager?

If you’re considering a career as a Starbucks Store Manager or if you’re simply curious about how much these professionals earn, you’ve come to the right place. In this in-depth guide, we’ll explore the average salary of a Starbucks Store Manager, the factors that influence this salary, and how Starbucks’ compensation compares to other major coffee chains.

Average Salary for a Starbucks Store Manager

According to data from Indeed, the average yearly pay for a Starbucks Store Manager in the United States is approximately $66,073. However, this figure varies according to different sources. For instance, Glassdoor reports a slightly higher average salary of $71,538 per year, while Salary.com provides a higher estimate, stating that the average salary for a Starbucks Store Manager in the United States is $95,782 as of September 25, 2023.

Factors Influencing the Salary

The salary of a Starbucks Store Manager is influenced by several factors:

1. Education and Experience: Higher levels of education and relevant certifications can lead to higher salaries. For instance, a Starbucks District Store Manager with a Bachelor’s Degree can expect to fall within a salary range of $112,964 – $126,574.
2. Geographic Location: The location of the store can also affect the salary. For instance, the average yearly pay for a Starbucks Store Manager in New York is approximately $76,188, while in California, it’s around $76,617.
3. Additional Skills: Possessing additional skills can also contribute to a higher salary. For instance, the ability to analyze financial reports is a requirement for a Starbucks Store Manager.
4. Performance and Sales: Starbucks store managers are also paid an annual bonus based on store sales, stock bonuses based on company performance, and they participate in the company’s profit-sharing program.
5. Company Policies: Starbucks has established a reputation for being an employee-friendly company, and that has helped to make the position of Starbucks store manager a career goal for many people. The company is always prepared to reward dedicated employees with promotions and other career options.
6. Job Responsibilities: The responsibilities of a Starbucks store manager include hiring, scheduling, and training each worker, as well as evaluating their performance and terminating their employment if they present cause for such action. The store manager must manage the day-to-day operation of his Starbucks location and takes steps to ensure the security and safety of customers and employees.

Starbucks vs Other Major Coffee Chains

When comparing Starbucks to other major coffee chains, the average salary for a store manager at Dunkin’ is reported to be $56,674 per year. The Coffee Bean & Tea Leaf, another competitor, pays its managers an estimated median salary of $47,454 per year.

It’s also worth noting that Starbucks employees working in cafes inside of Target stores are technically Target employees, and their salaries are up to the discretion of Target, not Starbucks corporate. This can lead to differences in salaries at different cafe locations.

In conclusion, Starbucks appears to offer a higher average salary for store managers compared to other major coffee chains like Dunkin’ and The Coffee Bean & Tea Leaf. However, compensation can vary widely depending on various factors, and it’s also important to consider the benefits package when comparing total compensation.

Additional Benefits and Perks

In addition to the base salary, Starbucks offers a comprehensive benefits package to its store managers, which includes a variety of perks and benefits designed to support the health, financial well-being, and personal life of the employees. These benefits include health coverage, a competitive 401(k) retirement plan, paid time off and parental leave, education assistance, commuter benefits, partner assistance, and more.

In Conclusion

The salary of a Starbucks store manager is justified by the wide range of responsibilities they have and the diverse set of skills they need to effectively manage a store and ensure its success. While the salary can vary significantly based on factors such as location, years of experience, and additional skills, on average, the salary for a Starbucks Store Manager in the United States is around $44,548 to $95,782 per year.

If you’re considering a career as a Starbucks Store Manager, it’s important to research and understand the potential salary and benefits as well as the responsibilities and skills required. This will help you make an informed decision about whether this career path is right for you.