Lotus Electronics Retail Manager Salaries by Employees (Updated 2024)

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₹4.6 Lakhs - ₹5.9 Lakhs

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Last Updated: 25 Dec 2023

Companies similar to Lotus Electronics for Retail Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Digital Retail Manager Salary 2 - 11 years exp. (5 salaries)	₹1 L/yr - ₹8.4 L/yr 23% less
Vijay Sales Retail Manager Salary 8 - 14 years exp. (4 salaries)	₹4.4 L/yr - ₹6 L/yr At par
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Aditya Birla Fashion and Retail Retail Manager Salary 4 - 14 years exp. (10 salaries)	₹2.4 L/yr - ₹7.2 L/yr 36% less
IFB Retail Manager Salary 7 - 12 years exp. (5 salaries)	₹7 L/yr - ₹13.5 L/yr 100% more
Samsung Retail Manager Salary 1 - 11 years exp. (5 salaries)	₹2.4 L/yr - ₹7.4 L/yr 22% less
Lava International Retail Manager Salary 4 - 17 years exp. (4 salaries)	₹4.1 L/yr - ₹7.3 L/yr 14% less
OPPO Retail Manager Salary 0 - 10 years exp. (4 salaries)	₹3.1 L/yr - ₹9.5 L/yr 17% more
USHA International Retail Manager Salary 4 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹7 L/yr 14% more

Retail Manager salary at Lotus Electronics ranges between ₹4.6 Lakhs to ₹5.9 Lakhs per year for employees with 18 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Lotus Electronics.

Similar Designation salaries in Lotus Electronics

Store Manager Salary

(7 salaries)

₹4.5 L/yr - ₹11 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Sales Manager Salary

(4 salaries)

₹2.75 L/yr - ₹4.5 L/yr

Floor Manager Salary

(4 salaries)

₹2.9 L/yr - ₹4.5 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Showroom Manager Salary

(3 salaries)

₹5 L/yr - ₹6 L/yr

Department Manager Salary

(27 salaries)

₹2.1 L/yr - ₹7 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹2.7 L/yr

Store Operations Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Salary related reviews for Lotus Electronics

Department Manager in Indore

Full Time

Merchandising, Retail & eCommerce Department

3.0

• posted on 19 Jan 2022

1.0

for Salary and Benefits

Likes

every thing is good

Dislikes

There is a lot of polices and the managment dosent address our issues .salary is also not good ...and career growth is very slow and worst polocies to resign lotus ...worst polices for incentive also

Assistant Store Manager in Indore

Full Time

Merchandising, Retail & eCommerce Department

3.0

• posted on 11 Apr 2022

1.0

for Salary and Benefits

Likes

Company policies can be modified if employee get benifit.....they never release your salary if u leave the job even you have served your notice period. No time limit for your work minimum work hour is 12 hour and no overtime compensation....

Logistics Executive in Raipur

Full Time

Product Management Department

5.0

• posted on 02 Apr 2024

3.0

for Salary and Benefits

Likes

Lotus electronics has very well work environment all manager is very supportive I am learning here to how deal with yours challenges on filled and deals all your works with patiently

Dislikes

I don't like there's policy wich is change in every 2-3 months and about thare salary deduction

Sales Executive/Officer in Bhopal

It Department

5.0

• posted on 19 Mar 2019

4.0

for Salary and Benefits

Likes

Lotus electronics supermarket is really innovative and readily adopts latest technology. I love yhe fact that i am a part of team that market reliable high quality products showroom. At last i learnt so many things through the lotus..

Dislikes

Compensation is decent, but growth is very slow in my organisation..

Senior Sales Executive in Jabalpur

Full Time

Sales & Business Development Department

5.0

• posted on 01 Oct 2024

5.0

for Salary and Benefits

Likes

One of the most best experience in this job my store manager very very helpful , my Department manager and my Colleague best Behavior sweetest person I enjoyed my job a lot and I got to learn a lot. I hope that if I get a chance in the future, I would like to work in Lotus Electronic again. I liked this platform very much. Thanks Lotus Electronic for giving me this opportunity. I hope that I get a chance to work with you again.

Dislikes

Nothing Everything is fine.

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a technical project manager

Deadend

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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Lotus Electronics Retail Manager Salary FAQs

What is the notice period for Retail Manager at Lotus Electronics?

According to AmbitionBox, 100% of the Lotus Electronics Retail Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Lotus Electronics Retail Manager Salaries

Lotus Electronics Retail Manager salary in India ranges between ₹4.6 Lakhs to ₹5.9 Lakhs. This is an estimate based on latest salaries received from employees of Lotus Electronics.