Department Store Manager, CEO

92 100 kr

Chief executive officers etc.

59 400 - 117 000 kr / month

Women earn 104% of what men do.

Chefer & ledare

What will be the salary after tax?

Salary progression Department Store Manager, CEO

Average salary 92 100 kr
Males 91 400 kr
Females 95 500 kr

What does a department store manager, CEO do? – Tasks and work environment

A department store manager, CEO is responsible for the daily operations and long-term strategy in larger retail companies or department stores. The role involves leading and coordinating various departments, ensuring profitability, developing business plans, and optimizing customer experience. The work environment is often fast-paced and varied, with a combination of administrative tasks, personnel responsibility, and presence on the shop floor. A department store manager, CEO works closely with employees, suppliers, and customers to achieve company goals and drive the business forward.

Salary development over time

The salary for a department store manager, CEO has shown some variation over the past three years. In 2022, the average salary was 90,100 SEK per month, which then slightly decreased to 87 800 SEK the following year. In 2024, the salary has recovered and reached a new high of 92 100 SEK per month, corresponding to an increase of about 5% compared to the previous year. These changes reflect economic factors, market dynamics, and the increasing demand for strategic leadership in retail. Education level, industry profitability, and company size have also influenced salary development for this profession.

Department store manager, CEO salary – comprehensive overview

  • Average salary: 92 100 SEK/month
  • Lowest salary: 59,400 SEK/month
  • Highest salary: 117,000 SEK/month
  • Hourly wage (average): 554 SEK
  • Gender differences: Women earn 104% of what men do (Women: 95,500 SEK, Men: 91 400 SEK)
  • Regional differences: Vary depending on the size and region of the department store, with higher salaries in metropolitan areas.

Education and qualifications

To work as a department store manager, CEO, a higher education in economics, commerce, or management is often required, combined with several years of experience in leadership roles within retail. Many employers also value supplementary training, certifications, and proven ability to lead larger teams. Practical experience, strong analytical skills, and a good business sense are key qualifications.

  • Formal education: University degree in economics, commerce, or similar (3–5 years)
  • Certifications: Leadership and management courses, often via industry organizations
  • Internship/Trainee: Manager trainee programs or internships within retail
  • Prerequisites: Experience in personnel responsibility and budget management
  • Tips when choosing: Combine education with experience from various departments for broader understanding

Many department store managers, CEOs started their careers on the shop floor. It is common to work your way up through the organization, which provides a unique understanding of the business and daily life of employees. This background can be a great strength when quick decisions need to be made.

– statsskuld.se

Common benefits and compensations

Department store managers, CEOs often have an attractive benefits package beyond the base salary. Common compensations include company car, bonus programs, pension contributions, and wellness allowances. Other benefits may include educational grants, health insurance, and flexible working hours depending on the company's policies.

Competition and challenges

The competition for roles as department store manager, CEO is high, as it requires extensive experience and strong leadership qualities. The industry is heavily influenced by economic conditions, changing consumer behaviors, and digitalization, which demands continuous skill development. Balancing profitability with personnel issues and customer satisfaction is a recurring challenge. Additionally, the role involves significant responsibility and can be associated with high expectations from the board and owners.

Tips for aspiring department store managers, CEOs

To succeed as a department store manager, CEO, it is beneficial to develop both analytical skills and a strong communication style, as these qualities are crucial for leading and inspiring larger teams. Early responsibility in different store environments provides valuable experience and demonstrates initiative. Strive to combine education with practical leadership to strengthen decision-making abilities. A strong business sense and problem-solving skills are also central, especially when the business faces changes or challenges. Building a network within the industry can open doors to more advanced leadership roles. Being attentive and flexible also facilitates seizing new business opportunities or overcoming obstacles. Finally, perseverance and engagement are key qualities for motivating oneself and the team in a demanding everyday environment.

Key facts about department store managers, CEOs

  • Education level: University degree or equivalent experience
  • Work environment: Fast-paced and varied, including office and shop floor
  • Typical working arrangement: Full-time with large responsibilities and personnel management
  • Demand: 175 job openings in the profession according to latest statistics
  • Special skills: Strategic leadership and business development

Career paths and future prospects

After several years as a department store manager, CEO, there are opportunities to advance to regional manager, business area manager, or even executive roles. Some choose to start their own businesses within retail or become consultants in the industry. According to the Swedish Employment Agency, the outlook remains stable, although the number of positions is limited and competition for top roles is fierce. Digitalization and changing consumer behaviors are expected to increase demand for strategic and change-oriented leadership. Regional variations exist, with more opportunities in metropolitan regions.

Frequently asked questions about department store managers, CEOs

  • What is the salary of a department store manager, CEO?
    - The average salary is 92 100 SEK per month, with variation depending on experience, education, and region.
  • What is the highest salary for a department store manager, CEO?
    - The highest reported salary is 117,000 SEK per month, belonging to a woman with a doctoral degree in the private sector.
  • How has the salary development for department store managers, CEOs changed?
    - Salaries have varied over recent years but increased by approximately 5% between 2023 and 2024.
  • Are there regional salary differences?
    - Yes, salaries are generally higher in metropolitan areas and at larger department stores.
  • What education is required to become a department store manager, CEO?
    - A university degree in economics, commerce, or management is recommended, along with experience in leadership roles.
  • What is the gender distribution among department store managers, CEOs?
    - Women earn on average 104% of what men do in the profession.
  • What are the most common benefits?
    - Company car, bonus, pension contributions, wellness allowances, and health insurance are common benefits.

Who has the highest salary?
The highest salary for a Department Store Manager, CEO is 117000 kr. This salary belongs to a woman working in the Privately employed workers with a postgraduate education. The highest salary for a man in this profession is 115400 kr.
Who has the lowest salary?
The lowest salary for a Department Store Manager, CEO is 59400 kr. This salary belongs to a man working in the Multiple sectors. The lowest salary for a woman in this profession is 95500 kr.
Salary distributed by age and sector
Age Women's salary as a percentage of men's Base salary Monthly salary
25-34 55400 kr 56700 kr
35-44 79800 kr 82800 kr
45-54 91600 kr 95400 kr
55-64 104% 100500 kr 104600 kr
Snitt 104% 88600 kr 92100 kr
Salary per sector
Salary based on education
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About the data

All information displayed on this page is based on data from the Swedish Central Bureau of Statistics (SCB), the Swedish Tax Agency and the Swedish employment agency. Learn more about our data and data sources here.

All figures are gross salaries, meaning salaries before tax. The average salary, or mean salary, is calculated by adding up the total salary for all individuals within the profession and dividing it by the number of individuals. For specific job categories, we have also considered various criteria such as experience and education.

Profession Department Store Manager, CEO has the SSYK code 1120, which we use to match against the SCB database to obtain the latest salary statistics.

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