With the current economic crisis, there are several stores that offer discount prices for basic commodities, although there are only a number of stores that specializes in selling products at value price. Family Dollar is one of these stores and although they are not a dollar store in the true sense of the word, 90% of the products they sell are under $10. Family dollar currently has 6,617 stores in the United States.
Family dollar’s mission is to provide true value for less. A manager should always have to keep this in mind when performing day to day operations. The manager should make the customers see the value of the products they carry in the store by making sure that the staff is working efficiently and are providing great quality service.
Other duties include daily inventory checking as well as interacting with customers to identify their needs. They would also have to perform various task that includes looking after the stocks on display and making sure that everything is organized for customer convenience.
Store Manager
- Salary: Store managers are entitled to a salary ranging between $31,000 and $49,000.
- Bonuses: Store managers are also entitled to get cash bonuses that can amount to 5,000 but the minimum amount that they can get is $500.
- Profit Sharing: Profit sharing is not an option currently available for this position.
- Stock Options: Also, stock options are not provided to the employees holding this position.
Manager
- Salary: A managers salary is not far off from what a store manager gets. They get $26,000 to $44,000.
- Bonuses: Managers are not entitled to get cash bonuses.
- Profit Sharing: $743 to $805 is given to the employee as profit sharing incentive.
- Stock Options: There are also no options to get stocks available for this position.
Assistant Manager
- Salary: Depending on the experience an assistant manager has, they can get $38,000 to $42,000.
- Bonuses: Business managers are eligible for $478 to $515 worth of bonus based on performance.
- Profit Sharing: Profit sharing is not provided to the employees.
- Stock Options: Stock options are not part of the benefit provided by the company.
District Manager
- Salary: The minimum amount district managers can get is $58,000 but if they have more experience they are eligible to receive $62,000.
- Bonuses: District managers do not get cash bonuses.
- Profit Sharing: Also like bonuses, profit sharing is not provided by the company to the employee.
- Stock Options: Options to get stocks, like other positions is not available for employees.
Department Manager
- Salary: Department managers can receive $51,000 to $55,000 worth of basic salary.
- Bonuses: The company grants the employees cash bonus worth $955 to $1,033 based on performance.
- Profit Sharing: Profit sharing is not provided to the department managers.
- Stock Options: Stock options are also not part of the salary package provided to employees.