Rite Aid is a very popular chain of drugstore in the United States. They currently have over 4,500 outlets in the United States and also employ 109,000 individuals. The company began operating under a different name known as Thrift D Discount Center and eventually adopted the name they use now.
Managers working in Rite Aid should be first and foremost knowledgeable. Oftentimes there are customers that would ask several questions about the medicines being offered and this should be answered as accurately as possible. The same performance is expected of the staff that runs the store for consistency. This should be checked through constant evaluation of each staff member.
Ordering of stocks is also required. Inventory should be checked daily to monitor what medicine needs to be ordered. Stores should be well kept and clean, keeping the reputation and image of the store intact. The manager should act with good conduct showing true value for customers.
Store Manager
- Salary: Store managers can have the amount of $38,000 to $65,000 per annum, the amount will definitely depend on the experience.
- Bonuses: Bonuses are also provided and it can be between the range of $500 and $8,000 this adds up to a nice salary package.
- Profit Sharing: Like bonuses are provided, profit sharing is expected at $200 for this position.
- Stock Options: Additional incentives are provided and this includes stock options at $200 to $500.
Assistant Store Manager
- Salary: Assistant store managers are paid $30,000 to $43,000 depending on the experience they have.
- Bonuses: A bonus based on performance is not an incentive provided by the company.
- Profit Sharing: Profit sharing is not considered for employees that have this position.
- Stock Options: Only basic pay is included to the salary package this position provides.
Assistant Manager
- Salary: This position offers a good amount of annual salary. An assistant manager can get between $31,000 and $40,000 as their basic salary.
- Bonuses: The company does not offer attractive cash bonus for the employees.
- Profit Sharing: Profit sharing is never part of the incentive given by Rite Aid to the employee.
- Stock Options: Stock options are not considered by the company.
Pharmacy Manager
- Salary: Pharmacy manager gets $116,000 to $125,000 worth of annual pay.
- Bonuses: Employees holding this position are able to get a good bonus of $800 to $2,000.
- Profit Sharing: Profit sharing is not considered part of the salary package provided by Rite Aid.
- Stock Options: Only basic pay and cash bonus is included in the salary package the company is providing..
District Manager
- Salary: This position can offer a high $100,000 salary if the employee is experienced and the basic pay is at $92,000.
- Bonuses: Bonuses are not offered by the companies for the employees.
- Profit Sharing: Profit sharing is also not part of the salary package being offered.
- Stock Options: The ability to gain stocks are also not provided by the company.