ITC Retail Store Manager Salaries by 6 Employees

6 - 16 years exp.

₹5 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

6% more than the average Retail Store Manager Salary in FMCG Companies for 6 - 16 years of experience

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Salaries in different departments

Merchandising, Retail & eCommerce Retail Store Manager Salary 6 - 16 years exp. (5 salaries)	₹5 L/yr - ₹6 L/yr
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Sales & Business Development Retail Store Manager Salary 15 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6 L/yr

Last Updated: 29 Nov 2024

Companies similar to ITC for Retail Store Manager

Company name	Avg Annual Salary	Open Jobs
Godfrey Phillips India Retail Store Manager Salary 6 - 16 years exp. (18 salaries)	₹4.2 L/yr - ₹6 L/yr 6% less
Dabur Retail Store Manager Salary 5 - 12 years exp. (12 salaries)	₹3.6 L/yr - ₹4.3 L/yr 29% less
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Hindustan Unilever Retail Store Manager Salary 1 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹2.4 L/yr 64% less
Reliance Retail Retail Store Manager Salary 5 - 17 years exp. (705 salaries)	₹1.7 L/yr - ₹10.8 L/yr 14% more	1 job opening
Bharti Airtel Retail Store Manager Salary 5 - 13 years exp. (286 salaries)	₹1.9 L/yr - ₹9 L/yr 7% more

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

Experience wise ITC Retail Store Manager salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.1 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
14 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
15+ years (3 salaries)	₹5.5 L/yr - ₹6 L/yr

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Salary related reviews for ITC

3.8

Rated by 3 employees for salary & benefits

Sales Trainee in Mumbai

Full Time

Marketing & Communication Department

2.0

• posted on 28 Mar 2024

1.0

for Salary and Benefits

Likes

Just Brand name.

Job security - Good

Dislikes

CTC and actually in-hand salary has very large gap 30-40%. They pay TA DA but included in CTC. Always have to be on field. Only suitable for those interested in FMCG job always on field. Not for weak hearted.

Salary - Bad

+4 more

Senior Area Executive in Patna

Full Time

Sales & Business Development Department

4.0

• posted on 15 Mar 2024

2.0

for Salary and Benefits

Likes

ITC one of best compony to work with , Only getting promotion from front line to managerial level is tough after 1st promotion as a manager become easy for next level ,

Job security - Excellent

Dislikes

Salary is less as per A grad company and promotion is also a big concern for front line employees!

Salary - Poor

+3 more

Pilot Sales Representative in Nizamabad

Full Time

Sales & Business Development Department

1.0

• posted on 10 Jan 2025

1.0

for Salary and Benefits

Likes

Indian largest company am happy work with this company its a good company

Skill development - Excellent

+2 more

Dislikes

I am working third party pay role but job security is not ok when they want psr they would taken then after no need specially Ramana Reddy biscuit division

Salary - Bad

+3 more

Area Executive in Kochi

Full Time

Marketing & Communication Department

3.0

• posted on 28 Sep 2023

1.0

for Salary and Benefits

Likes

Overall ok. Work satisfaction is average. Gives you good exposure. If you are a beginner this is one of the best company in FMCG industry.

Dislikes

Salary and benefits are below average when compared to industry standards. They don’t entertain their employees to stay for a longer period in the same role.

Salary - Bad

+4 more

Sales Officer in Begusarai

Full Time

Sales & Business Development Department

4.0

• posted on 19 Jul 2023

5.0

for Salary and Benefits

Likes

Salary ,expense on time Good company This is good company

Salary - Excellent

+1 more

Dislikes

Compny is too good culture. But manager treat to junior undisciplined way. Manager not supported to team Manager Not involve in Businesses fully injoy.

Skill development - Poor

+2 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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ITC Retail Store Manager Salary FAQs

What is the salary of Retail Store Manager at ITC ?

The average salary of a Retail Store Manager at ITC in India typically ranges from ₹5.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Retail Store Manager at ITC earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Retail Store Manager Salaries at ITC 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 6 ITC employees in India.

What is the estimated take home salary of a Retail Store Manager at ITC in India?

The estimated take-home salary of a Retail Store Manager at ITC in India typically ranges from ₹41,263 to ₹42,410 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹6.0 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 6 salaries received from various employees of ITC. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ITC for Retail Store Manager in India?

Reliance Retail	₹1.7 Lakhs to ₹10.8 Lakhs per year
Bharti Airtel	₹1.9 Lakhs to ₹9.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ITC, depending on the role and experience level.

What is the salary of a Retail Store Manager in companies similar to ITC in India?

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

Godfrey Phillips India	₹4.2 Lakhs to ₹6.0 Lakhs per year
Dabur	₹3.6 Lakhs to ₹4.3 Lakhs per year
Hindustan Unilever	₹1.6 Lakhs to ₹2.4 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 ITC in India?

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

Experience	Average Salary Range
6 years	₹5.0 Lakhs to ₹9.1 Lakhs per year
7 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
8 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
9 years	₹5.2 Lakhs to ₹5.5 Lakhs per year

and so on.

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ITC Retail Store Manager Salaries

ITC Retail Store Manager salary in India ranges between ₹5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ITC latest salaries received from various employees of ITC.