The salary for a Merchandising Assistant Store Manager (ASM) at Lowe's varies significantly based on factors like experience and location, with reported total pay ranging from approximately $63,000 to $103,000 annually.
Merchandising ASM Salary Insights at Lowe's
The compensation for a Merchandising Assistant Store Manager (ASM) at Lowe's Home Improvement is influenced by several key factors, including the individual's years of experience, the geographic location of the store, and the inclusion of additional pay components such as bonuses or commissions.
Reported Salaries for Merchandising Assistant Store Managers
Based on recent data, here are examples of what Merchandising ASMs have reported earning:
| Job Title | Experience | Location | Total Pay | Base Pay | Additional Pay | Date Reported |
|---|---|---|---|---|---|---|
| Merchandising Assistant Store Manager | 15+ years | Los Angeles, CA | $103K | $88K | $15K | Sep 19, 2024 |
| Merchandising Assistant Store Manager | 4-6 years | Lake Havasu City, AZ | $63K | $63K | $0 | Nov 23, 2023 |
These figures highlight the significant impact of both tenure and cost of living in different regions. For example, an experienced ASM in a high-cost-of-living area like Los Angeles can command a higher total compensation, which often includes a substantial additional pay component. Conversely, an ASM with less experience in a lower-cost area may receive a different compensation structure.
Factors Influencing Merchandising ASM Pay
Several elements contribute to the overall compensation package for a Merchandising ASM at Lowe's:
- Experience: More years in the role or with the company often leads to higher base salaries and greater eligibility for performance-based bonuses. Seasoned professionals are typically compensated for their accumulated knowledge and leadership skills.
- Location: Salaries can differ significantly between states and even within different metropolitan areas due to variations in the cost of living and local market demand for skilled retail management. High-demand areas or regions with a higher cost of living generally offer higher pay.
- Additional Pay: This can include performance bonuses, profit sharing, or other incentives that contribute to the overall total compensation. These additional components often reflect the individual's performance and the store's profitability.
For a more comprehensive understanding of current salary trends and additional data points, you can explore salary information on platforms like Glassdoor.
