Forever New Mumbai Senior Store Manager Salaries by 2 Employees

8 - 16 years exp.

₹8.8 Lakhs - ₹11.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 24 Nov 2024

Companies similar to Forever New for Senior Store Manager in Mumbai

Forever New Senior Store Manager Salary

8 - 16 years exp. (AmbitionBox Estimate)

₹8.8 L/yr - ₹11.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Croma Senior Store Manager Salary 11 - 18 years exp. (7 salaries)	₹11.9 L/yr - ₹17 L/yr 40% more
Reliance Retail Senior Store Manager Salary 7 - 14 years exp. (7 salaries)	₹3.8 L/yr - ₹12.4 L/yr 18% less
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Rebel Foods Senior Store Manager Salary 6 - 10 years exp. (6 salaries)	₹3.4 L/yr - ₹5.2 L/yr 52% less
Orra Fine Jewellery Senior Store Manager Salary 14 - 20 years exp. (5 salaries)	₹11 L/yr - ₹11.8 L/yr 15% more
Aptronix - Apple Premium Reseller Senior Store Manager Salary 9 - 12 years exp. (4 salaries)	₹7.6 L/yr - ₹12.7 L/yr 2% less

Senior Store Manager salary at Forever New ranges between ₹8.8 Lakhs to ₹11.2 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 2 latest salaries received from various employees of Forever New.

Similar Designation salaries in Forever New

Store Manager Salary

(12 salaries)

₹5.5 L/yr - ₹8.4 L/yr

Assistant Store Manager Salary

(3 salaries)

₹4.25 L/yr - ₹5.15 L/yr

Salary related reviews for Forever New

Area Sales Manager in New Delhi

Full Time

Merchandising, Retail & eCommerce Department

4.0

• posted on 06 Jun 2024

3.0

for Salary and Benefits

Likes

Products

Job security - Excellent

+2 more

Dislikes

Performance not recognized and rewarded and appreciated. Salary below market and no incentive. Operations has all the responsibility and other departments delegates the work to operation. Corporate politics. Culture of the company is not good

IT Manager in Gurgaon / Gurugram

IT & Information Security Department

1.0

• posted on 09 May 2021

1.0

for Salary and Benefits

Likes

There is nothing to like with company, it's only give and take rule, they just pay you and use your skills.

Dislikes

Is very similar to lala shop where leader brings his own team from his previous company, use abusive words with staff. Top management behaves like fool. Environment is super political.

Salary - Bad

+6 more

Senior Fashion Consultant in Amritsar

Sales & Business Development Department

4.0

• posted on 05 Sep 2018

4.0

for Salary and Benefits

Likes

I liked work environment there, Growth as joined as Fashion consultant and got promoted as Sr. Fc. Further, training programs was good and learned many things to enhance careeer in Retail.

Salary - Good

+6 more

Dislikes

Salary, Incentive policy and Yearly appraisal as well.

QA Manager & Planning Productions

Quality control Department

4.0

• posted on 22 Apr 2018

4.0

for Salary and Benefits

Likes

There are many wonderful things about Forevernew that the company culture is good and staff loves to work with everyone in company team , it provdes a decent career and growth prospects with learning new things. There are benefits that caompany takes care as social insurance and medical policy for expats. Its stable company with good culture.

Salary - Good

+5 more

Dislikes

Company is decent and compensation is good , the work pressure is high as its hi fashion products company. Somwtimes have to work extra hours staright a day !! There ia no specific job traning for freshers.

Fashion Consultant in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 22 Sep 2024

3.0

for Salary and Benefits

Likes

Learning & Training with respect to product knowledge, grooming & operations is good

Skill development - Good

Dislikes

Poor pay 0 work life balance Retaining female employees post shift timings even after store closing timing post 9:30 PM Zero employee welfare policies and practices Toxic management and incompetent and non coherent HR

Company culture - Poor

+1 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Forever New Senior Store Manager Salary FAQs

How the salary growth look like for a Senior Store Manager at Forever New in Mumbai?

The salary growth for a Senior Store Manager at Forever New in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Store Manager in Mumbai can expect the following growth trajectory at Forever New:

Experience	Average Salary Range
8 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
9 years	₹8.4 Lakhs to ₹10.8 Lakhs per year
10 years	₹8.6 Lakhs to ₹10.9 Lakhs per year
11 years	₹8.7 Lakhs to ₹11.1 Lakhs per year

and so on.

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Forever New Senior Store Manager Salaries in Mumbai

Forever New Senior Store Manager salary in Mumbai ranges between ₹8.8 Lakhs to ₹11.2 Lakhs. This is an estimate based on latest salaries received from employees of Forever New.