H&M Mumbai Retail Store Manager Salaries by 5 Employees

6 - 16 years exp.

₹9.7 Lakhs - ₹14 Lakhs

Avg. annual salary

Monthly In-hand Salary

106% more than the average Retail Store Manager Salary in Fashion & Textile Companies for 6 - 16 years of experience

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Salaries in different departments

Sales & Business Development Retail Store Manager Salary 6 - 8 years exp. (3 salaries)	₹9.7 L/yr - ₹12.6 L/yr
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Merchandising, Retail & eCommerce Retail Store Manager Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹10.4 L/yr - ₹14 L/yr

Last Updated: 16 Mar 2023

Companies similar to H&M for Retail Store Manager in Mumbai

H&M Retail Store Manager Salary

6 - 16 years exp. (5 salaries)

₹9.7 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Bata Retail Store Manager Salary 3 - 10 years exp. (13 salaries)	₹3 L/yr - ₹6 L/yr 57% less
House Of Anita Dongre Retail Store Manager Salary 8 - 12 years exp. (9 salaries)	₹5.8 L/yr - ₹6.8 L/yr 50% less
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PUMA Retail Store Manager Salary 7 - 12 years exp. (8 salaries)	₹3 L/yr - ₹7 L/yr 46% less	1 job opening
Levi Strauss & Co. Retail Store Manager Salary 6 - 11 years exp. (5 salaries)	₹4 L/yr - ₹5.2 L/yr 57% less
Biba Apparels Retail Store Manager Salary 5 - 9 years exp. (3 salaries)	₹3.7 L/yr - ₹5.1 L/yr 66% less
Siyaram Silk Mills Retail Store Manager Salary 9 - 12 years exp. (3 salaries)	₹2.8 L/yr - ₹2.9 L/yr 76% less

Retail Store Manager salary at H&M ranges between ₹9.7 Lakhs to ₹14 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of H&M.

Experience wise H&M Retail Store Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
7 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
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8 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
9 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
10 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
12 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
13 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
14 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
15+ years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.6 L/yr

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Similar Designation salaries in H&M

Department Manager Salary

(27 salaries)

₹5.11 L/yr - ₹8.59 L/yr

Fashion Consultant Salary

(9 salaries)

₹3.1 L/yr - ₹4.1 L/yr

Senior Fashion Consultant Salary

(5 salaries)

₹3.3 L/yr - ₹4 L/yr

Store Operations Manager Salary

(5 salaries)

₹8.3 L/yr - ₹12.6 L/yr

Salary related reviews for H&M

3.0

Rated by 1 employees for salary & benefits

Retail Store Manager in North India

Store Operations Department

1.0

• posted on 19 Jan 2022

1.0

for Salary and Benefits

Likes

...ofessional and all their decesion are for the welfare of ppl at support officer. They treat store team as inferiors, good example of this is salary cuts during lockdowns. And no initiative to cover it latter when store gave them great profit and sales. They all have good salary increment and for store are it's not the same. Rating of store team is kept low so that they are not eligible for a good increment.

Dislikes

Everything..

Salary - Bad

+4 more

Department Manager in Chennai

Sales & Business Development Department

1.0

• posted on 11 May 2021

4.0

for Salary and Benefits

Likes

Good company policies and lot of employee benefits.

Salary - Good

+1 more

Dislikes

...who is favour for Area HR ( Bangalore ) they can have growth and all facilities. Salary is decent but promotion is very difficult.

Skill development - Bad

+4 more

Senior Sales Associate in Kolkata

UX, Design & Architecture Department

3.0

• posted on 30 Jun 2020

4.0

for Salary and Benefits

Likes

I truly like the h&m organization and the culture and the benefits we get.. during this covid19 pendamic h&m truly supported us..

Salary - Good

+2 more

Dislikes

...ttering path they get more chances for career growth..its everywhere I believe..then the salary growth is very poor. Forget about the career growth. Only senior position ppl get growth.sorry for telling the truth ..I appoligise..also I m truly disagree with the decision of this organization is deduction of our salary and annual leaves during this covid 19 pendemic..The lockdown decision was from the government so it wasn't our fault then why we have to suffer for this..so overall I can't enjoy my work now a days atall...I'm sorry but that's the bitter truth..

Skill development - Poor

+2 more

Department Manager in Mumbai

Merchandising, Retail & eCommerce Department

5.0

• posted on 10 Nov 2017

5.0

for Salary and Benefits

Likes

...earnings and they provide fair and equal chances of growth to each and everyone. Salary is good according to the market and work environment is very amazing..

Salary - Excellent

+6 more

Dislikes

Nothing

Store Manager in New Delhi

Full Time

Merchandising, Retail & eCommerce Department

4.0

• posted on 05 Mar 2025

3.0

for Salary and Benefits

Likes

...ions after you reach Store manager. But good growth from sales advisor position. Salary compared to market is bit bit better. Employee Engagement at workplace is great. Employees are being taken care off by management team present at store.

Work satisfaction - Good

+2 more

Dislikes

Growth is stagnant. Not much of learning and development. Technology used to facilitate store employee and customer is not good. Salaries and appraisals are average. People are based out at out stations stores despite having store in their home locations.

see more salary related reviews

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Top trending discussions

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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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H&M Retail Store Manager Salary FAQs

What is the salary of Retail Store Manager at H&M in Mumbai?

The average salary of a Retail Store Manager at H&M in Mumbai typically ranges from ₹9.7 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Retail Store Manager in Mumbai at H&M earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Retail Store Manager Salaries at H&M can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 H&M employees in India.

What is the estimated take home salary of a Retail Store Manager at H&M in Mumbai?

The estimated take-home salary of a Retail Store Manager at H&M in Mumbai typically ranges from ₹82,375 to ₹84,525 per month. This is based on the average salary range of ₹9.7 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 6 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of H&M. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Retail Store Manager in companies similar to H&M in Mumbai?

The salary of a Retail Store Manager at companies similar to H&M in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PUMA	₹3.0 Lakhs to ₹7.0 Lakhs per year
House Of Anita Dongre	₹5.8 Lakhs to ₹6.8 Lakhs per year
Levi Strauss & Co.	₹4.0 Lakhs to ₹5.2 Lakhs per year
Bata	₹3.0 Lakhs to ₹6.0 Lakhs per year
Biba Apparels	₹3.7 Lakhs to ₹5.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Retail Store Manager at H&M in Mumbai?

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

Experience	Average Salary Range
6 years	₹9.2 Lakhs to ₹11.8 Lakhs per year
7 years	₹9.4 Lakhs to ₹12.1 Lakhs per year
8 years	₹9.7 Lakhs to ₹12.4 Lakhs per year
9 years	₹9.9 Lakhs to ₹12.7 Lakhs per year

and so on.

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H&M Retail Store Manager Salaries in Mumbai

H&M Retail Store Manager salary in Mumbai ranges between ₹9.7 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 H&M latest salaries received from various employees of H&M.