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From Home Furnishing Business

Fast Fact: Highest Paid Furniture Industry Occupations are Financial Managers and Administrative Service Managers

The steady increase of furniture and home furnishings sales over the last 10 years has been slower to hit employees working in the stores, but in recent years many occupations have finally started to see an upturn in wage growth.

According to data from the Bureau of Labor Statistics’ March 2019 release of “Occupational Employment Statistics,” among the major distribution channels that market furniture and home furnishings, retail management occupations carry the higher salary positions.

In 2018, administrative service managers in home furnishings stores were the highest paid management positions, earning a median annual wage of $112,570 compared to the same occupation earning $77,240 in furniture stores.

In furniture stores, financial managers are the highest paid management positions averaging $114,600 annually. Purchasing managers are the second highest management position in furniture stores at $107,180, similar to wages of $107,400 in home furnishings stores. On average, neither general managers, sales managers nor transportation, storage, and distribution managers have broken the $100,000 ceiling.

For an in-depth look at wage growth since 2012, click here.



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