Thursday, May 8, 2008

Residential

Residential real estate means all Australian urban land other than commercial properties (that is offices, factories, warehouses, restaurants, shops). Acquisitions of 'hobby farms' and 'rural residential' blocks by foreign interests are included in the residential real estate category.

Foreign purchasers intending to acquire real estate in Australia must seek prior approval from the Government through the Foreign Investment Review Board unless specifically exempted by the Foreign Acquisitions and Takeovers Regulations.

Wednesday, May 7, 2008

Sources of Additional Information

Information on employment opportunities for sales worker supervisors may be obtained from the employment offices of various retail establishments or from State employment service offices.

General information on management careers in retail establishments is available from:

* National Retail Federation, 325 7th St. NW., Suite 1100, Washington, DC 20004.

Information about management careers and training programs in the motor vehicle dealers industry is available from:

* National Automobile Dealers Association, Public Relations Dept., 8400 Westpark Dr., McLean, VA 22102-3591. Internet: http://www.nada.org

Information about management careers in convenience stores is available from:

* National Association of Convenience Stores, 1600 Duke St., Alexandria, VA 22314-3436.

Tuesday, May 6, 2008

Related Occupations

Sales worker supervisors serve customers, supervise workers, and direct and coordinate the operations of an establishment. Workers with similar responsibilities include financial managers, food service managers, lodging managers, office and administrative support worker supervisors and managers, and medical and health services managers.

Friday, May 2, 2008

OES Data

For the latest wage information:

The above wage data are from the Occupational Employment Statistics (OES) survey program, unless otherwise noted. For the latest National, State, and local earnings data, visits the following pages:

# First-line supervisors/managers of retail sales workers

# First-line supervisors/managers of non-retail sales workers

Earnings

Salaries of sales worker supervisors vary substantially, depending on a worker’s level of responsibility and length of service and the type, size, and location of the firm.

Salaried supervisors of retail sales workers had median annual earnings of $33,960, including commissions, in May 2006. The middle 50 percent earned between $26,490 and $44,570 a year. The lowest 10 percent earned less than $21,420, and the highest 10 percent earned more than $59,710 a year. Median annual earnings in the industries employing the largest numbers of salaried supervisors of retail sales workers were as follows:

Building material and supplies dealers $35,820

Grocery stores 33,390

Clothing stores 33,140

Gasoline stations 29,270

Other general merchandise stores 28,870

Salaried supervisors of nonretail sales workers had median annual earnings of, $65,510, including commissions, in May 2006. The middle 50 percent earned between $48,900 and $94,670 a year. The lowest 10 percent earned less than $34,840, and the highest 10 percent earned more than $135,270 a year. Median annual earnings in the industries employing the largest numbers of salaried supervisors of nonretail sales workers were as follows:

Professional and commercial equipment and supplies merchant wholesalers $80,650

Wholesale electronic markets and agents and brokers 78,260

Machinery, equipment, and supplies merchant wholesalers 65,660

Postal service 58,640

Business support services 45,490

Compensation systems vary by type of establishment and by merchandise sold. Many supervisors receive a commission or a combination of salary and commission. Under a commission system, supervisors receive a percentage of department or store sales. Thus, these supervisors’ earnings depend on their ability to sell their product and the condition of the economy. Those who sell large amounts of merchandise or exceed sales goals often receive bonuses or other awards.

Wednesday, April 30, 2008

Projections data from the National Employment Matrix Occupational title

SOC Code

Employment, 2006

Projected
employment,
2016

Change, 2006-16

Detailed statistics
Number

Percent

Supervisors, sales workers

41-1000

2,206,000

2,296,000

91,000

4

PDF

zipped XLS

First-line supervisors/managers of retail sales workers

41-1011

1,676,000

1,747,000

71,000

4

PDF

zipped XLS

First-line supervisors/managers of non-retail sales workers

41-1012

530,000

549,000

19,000

4

PDF

zipped XLS

NOTE: Data in this table are rounded. See the discussion of the employment projections table in the Handbook introductory chapter on Occupational Information Included in the Handbook.

Job Outlook

Despite slower than average growth, retail sales worker supervisors with previous experience in sales are expected to have good job prospects because of the large size of the occupation and the need to replace workers who leave their positions.

Employment change. Employment of sales worker supervisors is expected to grow by 4 percent between 2006 and 2016, which is more slowly than the average for all occupations. Growth in the occupation will be limited as retail companies increase the responsibilities of retail salespersons and existing sales worker supervisors.

The Internet and electronic commerce are creating new opportunities to reach and communicate with potential customers. Some firms are hiring Internet sales supervisors, who are in charge of maintaining an Internet site and answering inquiries relating to the product, to prices, and to the terms of delivery. However, Internet sales and electronic commerce may reduce the number of additional sales workers needed in stores, thus reducing the total number of additional supervisors required. Overall, the impact of electronic commerce on employment of sales worker supervisors should be minimal.

Projected employment growth of sales worker supervisors will mirror, in part, the patterns of employment growth in the industries in which they work. For example, faster-than-average employment growth is expected in many of the rapidly growing service-providing industries. In contrast, the number of self-employed sales worker supervisors is expected to grow slowly as independent retailers face increasing competition from national chains.

Unlike mid-level and top-level managers, retail store managers generally will not be affected by the restructuring and consolidation taking place at the corporate headquarters of many retail chains.

Job prospects. Candidates who have retail experience—as a salesperson, cashier, or customer service representative, for example—will have the best opportunities for jobs as supervisors, especially in retail establishments. Stronger competition for supervisory jobs is expected in non-retail establishments, particularly those with the most attractive earnings and work environment.

Some of the job openings over the next decade will occur as experienced supervisors move into higher levels of management, transfer to other occupations, or leave the labor force. However, these job openings will not be great in number since, as with other supervisory and managerial occupations, the separation rate is low. This is the case especially for non-retail sales worker supervisors.