Retail jobs are known for their pay – specifically, the lack thereof. These jobs are demanding, requiring employees to work holidays, early, mornings, late nights and weekends in order to provide exceptional customer service. To many people, the minimum wage pay isn’t worth it, so they look for work in other industries.
If you told someone that there are retail jobs that pay higher-than-average wages and benefits, they would think you were lying. The truth is that there are some have always paid their employees quite well, as well as a growing number of retailers who are increasing wages in order to stay in line with the standard of living. Looking for a part-time job while in college or need a job with benefits? Read on to find out which companies are paying high wages and offering benefits.
Coincidentally, the stores that offer awesome retail positions are also the stores we love to shop at. Subscribe to our emails for Costco, Lowe's, Nordstrom, IKEA, H&M, Whole Foods, Trader Joe's, and REI to get the latest scoop on all their promotions and sales.
Source: Washington Times
This bulk retailer is known for its great pay. In 2014, Costco made it to #2 on Glassdoor.com’s top 25 companies based on pay and benefits. Front end assistants earn $12.71 an hour, while cashiers can make nearly $16 an hour. The average pay is $21 an hour. Department managers see great wages, too, earning close to $66,000 a year. The benefits aren’t too shabby, either. Employees receive a 401(k) with employer match, as well as paid holidays and vacation. Costco also boasts one of the best healthcare insurance packages among retailers.
Source: Economic File
This home improvement retailer also pays its employees well. Cashier wages range from $11 to over $13 an hour. Department managers earn $17.74 an hour. Department specialists earn $15-$16 an hour. Lowe’s also offers an excellent benefits package, even for part-time employees. There are health insurance benefits, a 401(k), discounted stock and generous vacation policies.
Source: Star Tribune
High-end retailer Nordstrom offers many opportunities to employees. Pay ranges from $30,000 a year for sales associates to $43,000 a year for department managers. The company also offers an excellent medical and dental benefits package and a 401(k). If you’re looking for a career in retail, you can do well working at Nordstrom.
Swedish furniture retailer IKEA is on the list of Fortune’s “100 Best Companies to Work For.” Just this year, IKEA increased its minimum pay to $11.87 an hour. Those who work at least 20 hours a week are eligible for benefits, which include health insurance, a 401(k), tuition reimbursement of up to $2,500 and five days of maternity and paternity leave.
Source: Miami Shoot
Mall favorite H&M sells inexpensive but trendy clothes, but low prices don’t equate to low pay for this retailer. The pay for sales associates ranges from $10.54 to $12.02 per hour. Department managers make around $21 an hour. Benefits are available to both part-time and full-time employees. Part-time employees get a 25% store discount, pet insurance, paid time off, commuter benefits and a 401(k) with company match. Full-time employees also get health insurance and paid parental leave. H&M is a great place to work if you’re looking for advancement opportunities. More than one-third of those who work in the store’s corporate office started as sales associates.
6. Whole Foods
Source: Open Book Coaching
Organic grocer Whole Foods may be known for its high prices, but what you might not know is that the company pays its employees well. Cashiers earn more than $11 an hour, while salaried team leaders can make $68,400 a year. The company has been on Fortune’s “100 Best Companies to Work For” list since 1988. Those who work at least 20 hours a week receive benefits such as health insurance, stock options, 401(k) and 20% store discount.
7. Trader Joe’s
Source: Orlando Sentinel
The average hourly pay at Trader Joe’s is $13.29. Benefits are provided to those who work more than 15 hours a week. They include free dental and vision care. The company also provides decent raises every year, in which employees can earn an extra $2 an hour – an extraordinarily high amount considering that many people don’t earn that sort of raise at the height of their careers, let alone starting out in the retail world.
Source: Metro West Daily News
Better known as REI, Recreational Equipment, Inc. is a different type of retailer. This company focuses on its employees, as seen by the company’s decision to close its doors on Black Friday instead of offering Thanksgiving doorbusters. REI has been on Fortune’s “100 Best Companies to Work For” list for 18 consecutive years. Sales associates earn about $11.40 an hour and receive generous benefits regardless of their work status. They include health, life and disability insurance, as well as a generous time off plan that includes “Yay Days,” in which employees take two days off to explore the outdoors or volunteer. The company also contributes 5% of each employee’s salary to their retirement plan – even if the employee does not contribute. REI also boasts an exceptional profit-sharing program.
Not all retail establishments are created the same, as the eight stores listed above prove. These are great places to work whether you’re in college looking for a part-time job or are out of school and looking for a place to start your career. These companies truly care about their employees by providing good pay and benefits, and want to provide them with opportunities to advance their career. If you’re looking for a job, why not start with this list? Who know, you might just find your next opportunity.