Branch Manager Retail salary in Latvia

Average Yearly Salary of Branch Manager Retail in Latvia is approximately 25,799 EUR (25,796 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Branch Manager Retail do?

A branch manager in retail is responsible for overseeing the operations of a specific retail store or branch. They are responsible for managing and leading a team of employees, ensuring excellent customer service, achieving sales targets, and maintaining the overall profitability of the branch. Their duties include hiring and training staff, creating work schedules, monitoring inventory levels, implementing marketing strategies, and resolving customer complaints. Branch managers also analyze sales data, track market trends, and make recommendations to improve business performance. They collaborate with other departments, such as purchasing and marketing, to ensure smooth operations and achieve organizational goals.

Skills: Retail management, Team leadership, Sales target achievement, Customer service, Inventory management, Business analysis
Job industry: Retail

How much does Branch Manager Retail make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Branch Manager Retail a well paid job?

Yes, our data shows that Branch Manager Retail is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Branch Manager Retail?

High salary for Branch Manager Retail would be somewhere between 28,379 EUR and 37,409 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Branch Manager Retail in Latvia?

Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 25,799 EUR
Estimated Monthly Salary: 2,150 EUR
Estimated Weekly Salary: 496 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Branch Manager Retail a person can save up to 1,290 USD per month or 15,476 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Branch Manager Retail

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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