Five Below is an American chain of discount stores that was first launched in 2002 by David Schlessinger and Tom Vellios. The company operates on a different concept that provides products at discount and the stores are widely spread in the US. With over 1000 stores, the company is running successfully. Most of the products at Five Below are under $5 additionally you can find a small product assortment ranging from $6 to $10. Here, let’s know How Much Does Five Below Pay?
The candidates are willing to work at Five Below because of its goodwill and attractive salary. The number of salary employees makes at Five Below is amazing, in this article we are going to talk about the salary of employees.
Salary at Five Below:
Everyone who wants to work for an organization, first check out and compare the salary of that company with other companies. So, the salary plays an important role in an individual’s life.
Five Below pays its employees on a biweekly basis, the employees receive checks – in the mail usually. Nearly 45% of employees are satisfied with the pay and find the salary is enough to make a living. Though the salary at Five Below is based on your ability, skills you acquired, and the job role you have applied for. The average salary at Five Below is $131,740 per annum or $63 per hour and it ranges from $9. 62 per hour to $27. 39 per hour.
The list of salaries according to different job roles is given below, though it is for a rough estimate and they are subject to change:
| Job Profile | Average Salary |
| Assistant Store Manager | $15. 64 per hour |
| Retail Assistant Manager | $12. 38 per hour |
| Maintenance Technician | $24. 19 per hour |
| Assistant General Manager | $38,607 per year |
| Order Picker | $1,587 per week |
| Sales Associate | $10. 86 per hour |
| Inventory Associate | $1,392 per week |
| Lead Maintenance | $31. 31 per hour |
| Director of Product | $216,227 per annum |
| Group Engineering Manager | $196,265 per annum |
| Senior Marketing Manager | $153,546 per annum |
| Social Media Manager | $76,188 per annum |
The above-listed salary is according to different job roles but, there are many more jobs in different departments.
What are the benefits provided at Five Below?
Apart from salary, the candidates are also attracted by the number of benefits provided by the company. The list of benefits provided to employees differentiates based on whether they are part-time workers or full-time employees. The common benefits for both types of employees are given below:
Health and Medical Benefits:
- Health Insurance
- Dental and Vision Insurance
- Accidental and Dismemberment Insurance
- Disability Insurance
Personal and Professional life balance:
- Flexibility at Work
- Paid Time Off
- Vacation and Time Off
- Maternity or Paternity Leave
- Sick Day Leave
Financial Perks and Discounts:
- Performance Bonus Pay
- Quarterly Bonus Pay
- Employee Discount
- Gym Membership
- Employee Assistance Program
- Free Lunch or Snacks
Retirement Plan:
- 401k Plan
- Retirement Plan
- Employee Stock Purchase Plan
The above-mentioned benefits are subject to change and can differ according to job positions.
Job Opportunities at Five Below:
Every year Five Below tends to employ various employees in different positions. The different job roles with their description are highlighted below:
- Store Manager: As a store manager you will be loaded with tons of responsibilities. You need to make sure that all the employees working at the particular store must follow all the rules and regulations. The success of the store is your responsibility, from receiving all the products on time and getting them displayed nicely in a store, you need to check everything.
- Sales Associate Seasonal: Being an employee working at the post of sales associate seasonal, you will be hired as a part-time worker. You must have all the skills to deliver as per the needs of customers and should be able to derive the best results. You have to make sure that all the stocks are in right place. So, a candidate who is willing to apply for the job role of sales associate must possess all the skills required to do the given task.
- Merchandise Manager: You need to ensure that all the merchandise requirement by a store is met in advance to avoid any delay for customers. You need to assist and motivate other associates and managers to work for the growth of the company. Also, all the merchandising procedures will be set closed by you.
- Customer Experience Manager: A customer experience manager has to ensure that all the customers are happy and satisfied with their service. You need to bridge the gap between the brand and customers and make sure that all the customers are satisfied. To become a good manager in customer experience, you should have great leadership qualities along with communication skills.
- Overnight Freight Crew: You need to make sure that you adhere to rules and regulations, and must be good at delivering goods to different stores. As an overnight freight crew, you need to provide products to various stores of Five Below.
How to apply for a job at Five Below?
To enjoy these amazing benefits and salaries, all the candidates can apply for a job by following a simple procedure. Below are given steps to apply for a job role:
Step 1: You first need to visit the official website of Five Below, to check the job availability.
Step 2: You will find the various job openings at Five Below and can select the best of all jobs from the available ones.
Step 3: The job description will appear along with all the details. You can proceed by clicking on apply button.
Step 4: You need to create an account at Five Below’s online portal. To create an account you need to enter your details.
Step 5: The last step would be to complete an application and click on apply button.
Conclusion:
Five Below Inc. is an American retail store that runs on a unique concept of selling products that costs up to $5 only. This special discount store was founded in 2002 and is serving in different parts of the United States. With various numbers of store spread in various parts, this leads to the requirement of a large number of employees. Many candidates are willing to work for Five Below because of the salary and benefits earned by the employees. All the employees seem to be satisfied with the pay at Five Below.
Frequently Asked Questions:
Ques. 1: What is the starting pay at Five Below?
Ans. 1: As an employee at Five Below, you are expected to receive $22,000 per annum as the starting pay. An average of $10 per hour is expected to get paid at Five Below. The employees will receive salaries on a biweekly basis.
Ques. 2: Do employees at Five Below receive any discount?
Ans. 2: All the employees working at Five Below are eligible to receive a discount of 20% on all the products. This benefit turns out to be beneficial as said by the employees in a survey.
Ques. 3: Is it hard to get hired at Five Below?
Ans. 3: To get a job at Five Below, you need certain skills and an appropriate qualification. The application process is simple, there aren’t many hurdles for a candidate to get hired at Five Below. You can easily be a part of the company.
