Lotus Electronics Retail Store Manager Salaries by 7 Employees

8 - 15 years exp.

₹2.5 Lakhs - ₹8.6 Lakhs

Salary of majority employees

11% more than the average Retail Store Manager Salary in Consumer Electronics & Appliances Companies for 8 - 15 years of experience

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Salaries in different departments

Sales & Business Development Retail Store Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr
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Merchandising, Retail & eCommerce Retail Store Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to Lotus Electronics for Retail Store Manager

Company name	Avg Annual Salary	Open Jobs
Apple Retail Store Manager Salary 5 - 13 years exp. (18 salaries)	₹3.6 L/yr - ₹9 L/yr 8% more
OnePlus Retail Store Manager Salary 1 - 13 years exp. (15 salaries)	₹2.9 L/yr - ₹7.3 L/yr 29% less
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Samsung Retail Store Manager Salary 5 - 12 years exp. (14 salaries)	₹2.4 L/yr - ₹4.5 L/yr 39% less
OPPO Retail Store Manager Salary 3 - 12 years exp. (13 salaries)	₹2 L/yr - ₹4.2 L/yr 43% less
USHA International Retail Store Manager Salary 2 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹7 L/yr 2% less
LG Electronics Retail Store Manager Salary 6 - 9 years exp. (5 salaries)	₹1.4 L/yr - ₹4.5 L/yr 52% less
IFB Retail Store Manager Salary 4 - 6 years exp. (4 salaries)	₹1.4 L/yr - ₹4.2 L/yr 49% less
Intex Technologies Retail Store Manager Salary 4 - 15 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 57% less
TTK Prestige Retail Store Manager Salary 4 - 15 years exp. (4 salaries)	₹2.8 L/yr - ₹3 L/yr 49% less
HARMAN Retail Store Manager Salary 0 - 7 years exp. (3 salaries)	₹4.8 L/yr - ₹5 L/yr 14% less
Videocon Industries Ltd. Retail Store Manager Salary 6 - 25 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 52% less
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Retail Store Manager salary at Lotus Electronics ranges between ₹2.5 Lakhs to ₹8.6 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Lotus Electronics.

Experience wise Lotus Electronics Retail Store Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
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10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.6 L/yr
12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
13 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
14 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.6 L/yr
15+ years (AmbitionBox Estimate)	₹8.6 L/yr - ₹8.6 L/yr

View all

Similar Designation salaries in Lotus Electronics

Department Manager Salary

(27 salaries)

₹2.9 L/yr - ₹4.8 L/yr

Sales Manager Salary

(4 salaries)

₹2.75 L/yr - ₹4.5 L/yr

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹2.7 L/yr

Retail Sales Executive Salary

(3 salaries)

₹1.6 L/yr - ₹1.8 L/yr

Showroom Manager Salary

(3 salaries)

₹5 L/yr - ₹6 L/yr

Store Operations Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Salesman Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Promoter Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Sales Team Leader Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Cluster Head Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 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

Work satisfaction - Excellent

+1 more

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

Salary - Bad

+4 more

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

Skill development - Good

+2 more

Dislikes

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

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....

Dislikes

Salary - Bad
Job security - Bad

+4 more

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..

Salary - Good

+5 more

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.

Salary - Excellent

+6 more

Dislikes

Nothing Everything is fine.

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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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Lotus Electronics Retail Store Manager Salary FAQs

What is the salary of Retail Store Manager at Lotus Electronics ?

The average salary of a Retail Store Manager at Lotus Electronics in India typically ranges from ₹2.5 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Retail Store Manager at Lotus Electronics earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Retail Store Manager Salaries at Lotus Electronics 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 7 Lotus Electronics employees in India.

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

The estimated take-home salary of a Retail Store Manager at Lotus Electronics in India typically ranges from ₹43,557 to ₹44,669 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 8 years to 15 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 7 salaries received from various employees of Lotus Electronics. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Apple

₹3.6 Lakhs to ₹9.0 Lakhs per year

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

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

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

USHA International	₹2.4 Lakhs to ₹7.0 Lakhs per year
HARMAN	₹4.8 Lakhs to ₹5.0 Lakhs per year
OnePlus	₹2.9 Lakhs to ₹7.3 Lakhs per year
Samsung	₹2.4 Lakhs to ₹4.5 Lakhs per year
OPPO	₹2.0 Lakhs to ₹4.2 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 Lotus Electronics in India?

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

Experience	Average Salary Range
8 years	₹2.5 Lakhs to ₹5.2 Lakhs per year
9 years	₹3.0 Lakhs to ₹5.5 Lakhs per year
10 years	₹1.8 Lakhs to ₹5.5 Lakhs per year
11 years	₹3.0 Lakhs to ₹9.6 Lakhs per year

and so on.

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Lotus Electronics Retail Store Manager Salaries by Location

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Lotus Electronics Retail Store Manager Salaries

Lotus Electronics Retail Store Manager salary in India ranges between ₹2.5 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Lotus Electronics latest salaries received from various employees of Lotus Electronics.

Lotus Electronics Retail Store Manager salaries in India

Companies similar to Lotus Electronics for Retail Store Manager

Latest annual salaries shared by Lotus Electronics Retail Store Manager

Experience wise Lotus Electronics Retail Store Manager salaries

Similar Designation salaries in Lotus Electronics

Salary related reviews for Lotus Electronics

Department Manager in Indore

Logistics Executive in Raipur

Assistant Store Manager in Indore

Sales Executive/Officer in Bhopal

Senior Sales Executive in Jabalpur

Lotus Electronics Retail Store Manager Salary FAQs

Tell us how to improve this page.

Lotus Electronics Retail Store Manager Salaries by Location