Menards is a chain of home improvement stores located in the United States. Believed to be the third largest store that offers home improvement solutions, Menards has 286 stores across 13 states. It is important to note that Menards does not release sales figures since they are not a publicly traded company.
A manager working for Menards should have the passion when it comes to home improvement. There are several things that they need to look out for. They will have to provide tips and viable solution to clients that would ask questions. The staff should have to be trained and understand the concept of home improvement.
Items may be returned and the customer may complain occasionally, this should be handled with urgency to make the customers feel important. Stocks of items that are bought must be replaced and reports of the daily operations in the store must be reported on time to ensure productivity. This will benefit the management, staff and most importantly the customers in a very positive manner.
Assistant Department Manager
- Salary: Assistant department managers receive $25,000 to $40,000 annually, the amount depends on the experience managers have.
- Bonuses: Bonus ranges from $1,000 to $3,500 which adds to the salary package provided by the company.
- Profit Sharing: Profit sharing worth $1,500 to $2,500 is given to the employees as an added incentive.
- Stock Options: Additional incentives such as stock options are not provided to the employees that have this position.
Assistant Manager
- Salary: An attractive basic salary of $25,000 to $40,000 is currently offered to the assistant manager.
- Bonuses: Employees that have this position do not receive cash bonus
- Profit Sharing: Profit sharing is provided by the company at $200 to $3,000.
- Stock Options: Stock options are not offered to candidates that have this position.
Department Manager
- Salary: Department managers are entitled for the amount between $37,000 and $54,000. An experience will provide higher pay.
- Bonuses: The bonus given based on employee performance is from $5,000 to $6,800.
- Profit Sharing: Profit sharing is part of the incentive program for this position. Employees are provided $2,800 to $6,000 worth of shared profits.
- Stock Options: Stock options are not offered by the company.
General Manager
- Salary: General manager’s pay can start at $60,000 and can reach up to $152,000 if they have related managing experience.
- Bonuses: A very good bonus pay is part of the salary package and general managers get $29,000 to $31,000 worth of cash bonus.
- Profit Sharing: Profit sharing is also high, employees are given $14,000 to $16,000 worth of shared profits.
- Stock Options: There are no stock options given to the employee holding this position.
Office Manager
- Salary: An office manager is given an annual income of $45,000 to $49,000. The bigger amount is offered for experienced candidates.
- Bonuses: Cash bonus is very good, the amount an office manager can get is from $14,000 to $16,000.
- Profit Sharing: The company provides profit sharing with the amount of $7,201 to $7,835.
- Stock Options: Office managers are not entitled to gain stock options.