Retail and Wholesale Trade Managers
(NOC 0621)
in All ManagementRetail and wholesale trade managers plan, organize, direct, control and evaluate the operations of companies that sell merchandise or services on a retail or wholesale basis. Retail and wholesale trade managers work for retail and wholesale sales companies or they may own and operate their own store.
Job Outlook
Good
Read more
Compared to: All Management
The employment outlook over the next few years for this occupational group is “good”, which indicates the chances of a qualified individual finding work is better than average when compared to other occupations in Nova Scotia. This is a fairly large occupation in Nova Scotia so job opportunities occur fairly regularly. The number employed in this occupation is expected to grow significantly over the next few years, which will provide additional opportunities for employment. With a moderate percent of workers being 55 years of age and older, retirements are expected to contribute somewhat to employment opportunities over the coming years. Retail and Wholesale Trade Managers most commonly work full-time hours. Furthermore, the jobs are typically permanent positions.
The median employment income for 78% of Retail and Wholesale Trade Managers who worked full-time, year-round in 2015 was $44,204. Across all occupations in Nova Scotia, 59% of those who worked full-time year round had a median employment income of $43,600.
(Source: 2016 Census)
Hourly Pay
$14.25
Minimum$28.85
Median$49.00
MaximumAnnual Pay
$10,927
Minimum$40,825
Median$93,062
MaximumCompared to: All Management
Hourly Pay
$16.70
Minimum$45.17
Median$58.17
MaximumAnnual Pay
$10,632
Minimum$55,002
Median$124,014
MaximumAbout the job
Nature of work
Retail and wholesale trade managers plan, organize, direct, control and evaluate the operations of companies that sell merchandise or services on a retail or wholesale basis. Retail and wholesale trade managers work for retail and wholesale sales companies or they may own and operate their own store.
Job duties
Retail and wholesale trade managers:
- Manage the operations of businesses involved in wholesale and retail sales or of departments in such companies.
- Manage staff and assign duties.
- Study market research and trends to determine customer demand, potential sales volumes and effect of competitors' operations on sales.
- Determine merchandise and services to be sold and implement price and credit policies.
- Locate, select and buy stock for resale.
- Develop and implement marketing strategies.
- Plan budgets and approve expenses.
- Settle customer complaints.
- Determine staffing requirements and hire or oversee hiring of staff.
Sample job titles
- assistant manager
- car dealership manager
- customer service manager
- department store manager
- management trainee - retail
- retail sales manager
- retail store owner
- supermarket manager
- wholesale establishment manager
Skills
- You need good organizational and managerial skills. Knowledge of your product and its markets is essential. An ability to work under pressure is important. You must be decisive. You need to work well with others. Effective spoken and written communication skills are important.
Job requirements
- High school is needed.
- May need a university degree or college diploma in business administration or other field related to the product or service being sold.
Other considerations
- Several years of related retail sales experience at increasing levels of responsibility are usually necessary. There is some movement between managers in this group, depending on the product or service. They often work long hours including evenings and weekends.
By the numbers
Quick look
employed in 2016
employed full-time
self employed
median age
Compared to: All Management
employed in 2016
employed full-time
self employed
median age
Where will I likely work?
Halifax
$43,689 median annual incomeNorth Shore
$41,909 median annual incomeAnnapolis Valley
$38,016 median annual incomeSouthern
$37,126 median annual incomeCape Breton
$38,365 median annual incomeCompared to: All NS Occupations
Halifax
North Shore
Annapolis Valley
Cape Breton
Southern
Top Industries of Employment
Retail trade
Wholesale trade
Other services (except public administration)
Real estate and rental and leasing
Administrative and support, waste management and remediation services
What is the age of Employment?
45-54
35-44
55-64
25-34
65+
15-24
Compared to: All Management
45-54
35-44
55-64
25-34
65+
Top levels of education
High school
$39,840 median annual incomeCollege Diploma
$39,379 median annual incomeBachelor
$46,932 median annual incomeLess than high school
$35,489 median annual incomeTrade Certification
$44,821 median annual incomeCompared to: All Management
Bachelor
$71,875 median annual incomeHigh school
$42,294 median annual incomeCollege Diploma
$50,256 median annual incomeMaster
$93,261 median annual incomeTrade Certification
$44,396 median annual incomeEducation & training
Business Administration and Management
College, Trades, or University ProgramThese programs prepare students to plan, organize, direct, and control the functions and processes of a firm or organization. They include courses in management theory, human resources management and behaviour, accounting and other quantitative methods, purchasing and logistics, organization and production, marketing, and business decision-making.
Institutions providing this program
Lower Sackville, NS
Halifax, NS
Wolfville, NS
Sydney, NS
Truro, NS
Various, NS
Business/Commerce
College, Trades, or University ProgramThese programs focus on the general study of business, including the processes of interchanging goods and services (buying, selling and producing), business organization, and accounting as used in profit-making and non-profit public and private institutions and agencies. They prepare students to apply business principles and techniques in various occupational settings.
Institutions providing this program
High School Diploma or Equivalent
High School ProgramAdults without a high school diploma can contact the Nova Scotia School for Adult Learning (NSSAL) for tuition-free programming across the province. NSSAL oversees adult education programs in Nova Scotia. NSSAL partners with the Nova Scotia Community College, Adult High Schools, Université Sainte-Anne, and community-based learning organizations to deliver programs. NSSAL offers clear, accessible pathways from adult basic education to a high school credential or GED.
Institutions providing this program
Various, NS
Various, NS
Various, NS
Organizational Leadership
College or University ProgramThese programs focus on leadership skills that can be applied to a business, government, non-profit, or educational setting. They include courses in organizational planning, dynamics of leadership, finance, team building, conflict resolution and mediation, communication and other management skills.
Institutions providing this program
Various, NS
Employment requirements & contacts
Additional resources
There are no additional resources for this occupation.