Shopping malls found in the suburbs have department stores attached to them. One of the more popular names that you can find is JCPenney. The company started out in Plano, Texas and operates a total of 1,107 companies in all of the 50 states. JCPenney also put up outlet stores from regular JCPenney stores.
JCPenney managers operate and executes efficiently. They usually walk the floor to make sure that each sales personnel are working productively. This would also guarantee in meeting sales targets that would also mean increase in sales. Product inventory should be monitored as well to avoid the hassle of running out of stocks.
The manager would also oversee customer satisfaction and needs to make sure that they prioritize meeting customer’s needs. Constant communication to the upper management is also performed to provide feedback that would pave way in improving the stores overall performance which would then translate into customer convenience and boost store reputation.
Sales Manager
- Salary: The typical salary a sales manager gets is around $42,000 to $58,000 annually.
- Bonuses: Bonuses could amount up to $5,000 and can start from $2,000 depending on the manager’s performance.
- Profit Sharing: Profit sharing is one of the incentives provided by the company. An employee can get $2,400.
- Stock Options: There are no stock options available for the employee.
Department Manager
- Salary: The department manager gets a decent $35,000 to $50,000. Experience is definitely considered to get the bigger amount.
- Bonuses: Department managers are entitled to get $2,400 up to $5,000 worth of cash bonus.
- Profit Sharing: This position does not entitle the employee for a shared profit.
- Stock Options: There are no options to gain stocks are considered for this position.
Senior Loss Prevention Manager
- Salary: Depending on the amount of experience the employee has, they get $30,000 to $40,000 annual salary.
- Bonuses: The company does not offer cash bonuses for employees holding this position.
- Profit Sharing: Salary package only includes the basic pay and profit sharing is not an option given to employees.
- Stock Options: Stock options are also not part of the incentive plan provided by the company.
Assistant Manager
- Salary: This position would give the employee the salary of $57,000 to $65,000 still based on experience.
- Bonuses: Based on performance of the employee, cash bonus can be provided at $5,700 to $6,500.
- Profit Sharing: Profit sharing is not generally available for employees with this position.
- Stock Options: Stock options are not to be expected if you have this position.
Store Manager
- Salary: Store managers have the potential to earn a large sum annually which is between $72,000 and $92,000 based on the experience they have.
- Bonuses: The company also grants store managers cash bonus between $23,000 and $25,000 based on performance.
- Profit Sharing: JCPenney does not give employees the option to have shared profits.
- Stock Options: Much like profit sharing, stock options are not provided to employees.