IFB Retail and Store Manager Salaries by 3 Employees (Updated 2024)

3 - 6 years exp.

₹2.4 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Retail and Store Manager Salary in Consumer Electronics & Appliances Companies for 3 - 6 years of experience

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Last Updated: 3 Jun 2024

Companies similar to IFB for Retail and Store Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Retail and Store Manager Salary 1 - 20 years exp. (29 salaries)	₹2.1 L/yr - ₹9.7 L/yr 100% more
Coromandel International Retail and Store Manager Salary 0 - 10 years exp. (15 salaries)	₹2.4 L/yr - ₹4.2 L/yr 4% more
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Vodafone Idea Retail and Store Manager Salary 0 - 13 years exp. (15 salaries)	₹4.8 L/yr - ₹9 L/yr 143% more
CARS24 Retail and Store Manager Salary 4 - 9 years exp. (6 salaries)	₹5.2 L/yr - ₹7.1 L/yr 125% more
More Supermarket Retail and Store Manager Salary 5 - 10 years exp. (6 salaries)	₹1.6 L/yr - ₹3 L/yr 14% less

Retail and Store Manager salary at IFB ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of IFB.

Experience wise IFB Retail and Store Manager salaries

Last Updated: 3 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in IFB

Assistant Store Manager Salary

(6 salaries)

₹1.95 L/yr - ₹7.2 L/yr

Retail Manager Salary

(5 salaries)

₹7 L/yr - ₹13.47 L/yr

Store Manager Salary

(32 salaries)

₹1.6 L/yr - ₹6.13 L/yr

Area Sales Manager Salary

(65 salaries)

₹5.68 L/yr - ₹19 L/yr

Cluster Manager Salary

(19 salaries)

₹4.5 L/yr - ₹8.75 L/yr

Operations Manager Salary

(5 salaries)

₹6.2 L/yr - ₹13.08 L/yr

Branch Manager Salary

(7 salaries)

₹10 L/yr - ₹40 L/yr

Deputy Manager Salary

(56 salaries)

₹10 L/yr - ₹22 L/yr

Business Manager Salary

(118 salaries)

₹6.5 L/yr - ₹24 L/yr

Sales Manager Salary

(14 salaries)

₹2.2 L/yr - ₹15 L/yr

Salary related reviews for IFB

Area Sales Manager in Kolhapur

Full Time

Sales & Business Development Department

3.0

• posted on 29 Feb 2024

4.0

for Salary and Benefits

Likes

Brand is good wasing machine No 1. Salary on time. Cleim on time.

Dislikes

Three months' notice period with no logic for targeting. Focus solely on primary work, not secondary. No marketing support, no POP boy. You have to leave this company after five years, but your gratuity has not been paid to you. This is solely because you did not serve the full three months' notice period. Additionally, the refrigerator started at full pressure without any logical reason.

Sales Executive in Agra

Full Time

Sales & Business Development Department

5.0

• posted on 12 Mar 2023

3.0

for Salary and Benefits

Likes

Sab kuch theek hai but salary jayada nahi hai kitna bhi achha kaam karlo koi promotion ya salary increment ka koi chance nahi hai

Dislikes

I like this organisation but salary package not good and not promoted chance

Sales Executive in Rajahmundry

Human Resources Department

4.0

• posted on 15 Mar 2022

3.0

for Salary and Benefits

Likes

Working at IFB is a great experience The company policies are also good compare to other brands ifb has a less pressure and salary structure also quite low if you want to career growth pls change it or other wise ifb has best choice

Dislikes

Long working hours less wages

Product Development Engineer in Kolkata

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 01 Oct 2024

4.0

for Salary and Benefits

Likes

1.On time salary. 2.Lots of things for learning.

Dislikes

1. No week off. 2. No festival leave. 3. Job timing regularly 10 to 11 hrs without overtime pay. 4. Seniors treats with junior likes his servant. Bad working culture. 5. Too much hard work than expections.

Procurement Officer in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

3.0

• posted on 18 Jul 2023

2.0

for Salary and Benefits

Likes

The only advantage I get is that once my CV get the name IFB will get a better jump and pay once I shift my job

Dislikes

No work culture and work life balance. Management is very poor in considering our work effort

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IFB Retail and Store Manager Salary FAQs

What is the notice period for Retail and Store Manager at IFB?

According to AmbitionBox, 100% of the IFB Retail and Store Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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IFB Retail and Store Manager Salaries

IFB Retail and Store Manager salary in India ranges between ₹2.4 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IFB latest salaries received from various employees of IFB.